Glossary of Online Casino Terms (US)

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Learn more with the glossary below to make understanding Casino terms a breeze.

For more information about DraftKings Online Casino, review the DraftKings Casino Education Hub.

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Admin Credit: A credit manually applied by DraftKings, typically issued as a discretionary adjustment, such as a goodwill credit.

Cash Balance: The funds a player has deposited into their account, including any winnings they’ve withdrawn back into their bankroll.
Casino Bonus Funds: Casino Bonus Funds are promotional funds subject to wagering and playthrough requirements. Each promotion will specify if any game-specific requirements are attached to the Casino Bonus Funds you are rewarded.

Casino Bonus Prize: Refers to a non-physical prize in the form of Casino Credits or Casino Bonus Funds that can be awarded as part of a Casino Bonus Offer.

Casino Bonus Offer: A promotional offer where a percentage of a player’s deposit is matched with Casino Bonus Funds.

Casino Credits: Casino Credits are rewards earned through various promotions and can be spent across various Casino games. Credits are valid for either a single game or for multiple games and will expire according to their terms; players can check their Rewards page to view the specific guidelines and terms for each Casino Credit award. To use Casino Credits, players must enter a game using the "Use Casino Credits" option. Once applied, any winnings from Casino Credits are transferred to the player's balance where they can be used for another game or are eligible to be withdrawn.

Casino Credits Conversion: When a player elects to convert their eligible Crowns to Casino Credits

Casino Spins: Casino Spins are awards offered as part of various promotions. Unlike other currencies, Casino Spins have a set, predetermined value and can often only be used on specific games pursuant to their terms.

Contribution Rate (Percentage): The contribution rate is the amount of a wager which can count toward a goal, typically an amount required to unlock a Casino Bonus Prize.; As an example only: If a game offers a 20% contribution rate toward a prize, $0.20 of a $1.00 wager will count toward that prize.

Crowns: Crowns are a form of currency used by DraftKings players. They have no cash value, but can be used on DraftKings to enter into contests. Crowns can also be used to purchase items in the DraftKings Shop.

Dynasty: A rewards program offered by DraftKings. The program awards Tier Credits to players based on their eligible play across various DraftKings verticals, and these Tier Credits determine a player’s tier status within the program. Players can view their Tier Credit progress and upcoming milestones within the Dynasty hub.
Demo Mode: Many Casino games offer Demo Mode, where a player can test the game without wagering any real currency.

DK Dollars: DraftKings Dollars (or DK Dollars) are promotional funds awarded for playing in certain eligible promotions. DK Dollars do not expire, require a one-time playthrough before withdrawal, and can be used across all DraftKings products.

Deposit Bonus: A Deposit Bonus is an award given to a player based on the amount they deposit.

Financial Transactions: Players can see their financial transaction history via their financial center. The financial center contains a player’s past deposits, withdrawals, wagers, and other transactions.

Gaming Credit Rollover Bonus Release: This occurs when Locked Bonus Funds convert to cash upon meeting playthrough requirements. Once released, the funds are reflected under this transaction type on the Financial Transactions page.

Leaderboards: Leaderboards are promotions which award players based on specific criteria when measured against other players. For example only, a Leaderboard may reward a player for finishing in the top one hundred (100) players in a certain game over a certain period of time.
Live Dealer: Live Dealer is an online Casino offering that seeks to mimic the experience of a brick-and-mortar establishment. In a Live Dealer game, players interact directly with a human dealer via video feed, and may also be able to interact with other players playing the same game.

Locked Bonus Funds: This is a type of bonus offered by DraftKings that allows players to earn additional funds. However, these funds are initially locked and can’t be withdrawn until specific wagering requirements are met.
It’s important to note that receiving Locked Bonus Funds and meeting their playthrough requirement are separate processes.

Lossback: A Lossback is a type of promotion where the reward is a set percentage of the amount a player has lost over the promotion period (based on their "net loss", determined as total wagers minus total winnings).

Minimum Wager: The lowest amount that a player is required to wager in order to participate in a game or promotion. The Minimum Wager is typically clearly disclosed to the player, either upon opting into a promotion or when starting to play a game. Some games or promotions may have a higher Minimum Wager requirement, such as $5 or $100, due to the game mechanics or promotion rules.

Opt in/Opt out: These are Casino or promotions features which require a player action, such as clicking on an offer card or interacting with in-app messaging to enroll or un-enroll a player into a corresponding casino feature or promotion.

Payline: A payline refers to the sequence of reel positions that must be matched with winning symbols in order for a player to receive a payout. The paylines are defined in the game's paytable, and players must wager on active paylines in order to be eligible for wins on those paylines.
Playthrough Requirement: When engaging with a promotional offer that involves Casino Bonus Funds, a player’s Casino Bonus Funds are subject to a playthrough requirement. Individual offers and individual playthrough requirements may differ depending on the bonus terms and conditions.

Play X Get Y: A type of bonus offer or promotion where players receive a reward for playing a certain amount on the DraftKings platform.

Random Number Generator (RNG): A program designed to produce random results. Many Casino games rely on Random Number Generators to determine winners.
Rollover Bonus Locked Bonus Fund Transfer: This occurs in the Financial Transactions page when a patron’s deposited cash is converted into Locked Bonus Funds as part of a promotion.

Royal Quest: Royal Quest is a feature in the DraftKings Casino that allows players to earn rewards by completing daily tasks. Players can access available Quests through the Bonuses & More widget on the For You tab and must opt-in to participate. Each Quest lasts for seven (7) days, and players can track their progress and earn rewards through the Quests menu.
RTP (Return to Player): RTP is an abbreviation of the term "Return To Player." Return to Player is the percentage of all money wagered on a game that is paid back to all players over the entire lifetime of the game.

Tier Credit: Tier Credits are earned through the Dynasty rewards program. Upon accumulating set amounts of Tier Credits, players are eligible to move into the next-highest Dynasty rewards tier.
Transaction ID: Unique identifiers used to track and reference specific financial transactions, such as deposits, withdrawals, and other types of payments or transfers.