Casino & Gambling Glossary
Plain-English definitions for the terms you'll see on casino, slot and bonus pages, wagering requirements, RTP, volatility, KYC, and everything in between.
A
D
F
Federal Sweepstakes Law
legalThe body of U.S. federal rules governing sweepstakes promotions, including no-purchase-necessary and clear-disclosure requirements.
First Purchase Offer
bonusesA one-time discounted coin package for new players, giving extra Gold Coins and bonus Sweeps Coins on their first buy.
Fortune Coins (FC)
currencyThe redeemable sweepstakes currency at Fortune Coins Casino, used to play games and redeem for prizes once eligible.
G
K
M
N
P
Playthrough (Wagering Requirement)
gameplayThe number of times Sweeps Coins must be played before they become eligible for redemption into prizes.
Prize Redemption
paymentsThe specific act of exchanging eligible Sweeps Coins for a chosen prize, such as cash, gift cards, or crypto.
Promotional Sweepstakes
legalA marketing promotion where prizes are awarded by chance with a free entry option, the legal framework sweepstakes casinos use.
Provably Fair
gameplayA cryptographic system that lets players independently verify each game outcome was not altered after the bet was placed.
R
Redemption
paymentsThe process of converting won Sweeps Coins into cash prizes or gift cards after meeting minimum thresholds and verification.
Responsible Gambling
regulationThe set of tools and practices that help players keep sweepstakes casino play safe, controlled, and within healthy limits.
RTP (Return to Player)
gameplayThe percentage of total wagers a game is designed to return to players over time, a key indicator of long-run value.
S
SC/GC
currencyShorthand for the two sweepstakes casino currencies, Sweeps Coins and Gold Coins, that make up the dual-currency model.
Self-Exclusion
regulationA responsible-play tool that lets a user voluntarily block their own access to a sweepstakes casino for a set period.
Social Casino
generalAn online platform offering casino-style games purely for entertainment, with no redeemable currency or cash prizes.
Stake Cash
currencyThe redeemable promotional currency used at Stake.us, equivalent to Sweeps Coins, that can be redeemed for prizes.
Stake Originals
gameplayThe in-house games built by Stake.us, including titles like Dice, Plinko, and Crash, that use provably fair mechanics.
State Eligibility
regulationWhether residents of a given U.S. state can legally play at and redeem from a sweepstakes casino under state law.
Sweeps Coins (SC)
currencyThe promotional currency at sweepstakes casinos that can be played in games and, once eligible, redeemed for cash prizes or gift cards.
Sweeps Coins Exchange Rate
currencyThe fixed conversion ratio that determines how much cash value redeemed Sweeps Coins are worth, usually 1 SC to 1 USD.
Sweepstakes Casino
generalAn online platform that offers casino-style games through a promotional sweepstakes model rather than direct real-money gambling.