01Bets and markets
Accumulator (acca/parlay): one bet combining multiple selections; all must win. Odds multiply; so does margin.
Asian handicap: a spread using quarter and half lines to eliminate the draw, splitting stakes across adjacent lines.
BTTS: both teams to score - yes or no.
Double chance: covering two of three match outcomes in one bet at reduced odds.
Each-way: two bets in one - win, and place at fractional terms; racing's standard.
Draw no bet: stake returned if the match draws.
Handicap / spread: a virtual head start applied to even up mismatched sides.
Over/under (totals): betting a combined score against a line.
Single: one selection, one stake - the margin-friendliest format.
Void: a cancelled bet; stake refunded, acca legs reduce to 1.00.
02Bonus and account terms
Wagering requirement (rollover/playthrough): how much you must bet before bonus funds withdraw. At Apex Bets: 30x casino, 20x sports at 3.0+ odds.
Cashout cap: the maximum withdrawable winnings from a bonus (3x bonus at Apex Bets).
Validity window: how long a bonus lasts (7 days at Apex Bets).
Contribution: what percentage of a bet's stake counts toward wagering (slots 100%, live tables ~0% typically).
FICA/KYC: South Africa's identity-verification law; ID plus proof of address before withdrawals.
Rakeback/cashback: a rebate on losses or turnover, tiered in VIP schemes.
Free bet: a stake token; winnings paid minus the stake.
Wager-free spins: free spins whose winnings convert directly to cash.
03Casino terms
RTP (return to player): long-run payout percentage of a game.
Volatility/variance: how wildly a game's results swing around its RTP.
House edge: the complement of RTP - the casino's mathematical share.
Crash game: a rising multiplier you must exit before it crashes (Aviator, Spaceman, Blast).
Progressive jackpot: a prize pool fed by player wagers across a network.
Provably fair: crash-game mechanism where outcomes derive from published seeds.
QFrequently asked questions
What does 'min odds 3.0' mean in wagering terms?
Every leg of a qualifying sports bet must be priced at 3.00 or higher to count toward rollover.
What is the difference between a free bet and bonus credit?
Bonus credit sits in your balance and must be wagered; a free bet is a one-time stake token returning winnings minus stake.
What does 'void' mean on my slip?
The market was cancelled; you get your stake back, and in accumulators that leg drops to 1.00.
What is an overround?
The sum of all implied probabilities in a market; above 100% is the bookmaker's margin.
Where can I look up terms as I meet them?
This glossary covers the common set; operator terms pages define their own usage.
Sources and review notes
- Livescore Bet bonus analysis, reviewed 20 October 2026
- Casino.org South Africa review and bonus coverage, reviewed 20 October 2026