Casino and sportsbook pages are full of shorthand. This glossary breaks down the words you’ll see across HitnSpin, from slot mechanics to withdrawal rules, so nothing on the site feels like guesswork.
Basic Casino Terms
- RTP (Return to Player): the theoretical percentage of wagered money a slot pays back to players over a long stretch of spins.
- Volatility: how a game distributes its wins. Low volatility means smaller, frequent payouts; high volatility means rarer but larger ones.
- RNG (Random Number Generator): the software engine that determines game outcomes. HitnSpin’s RNG is audited by an independent external company.
- Provably Fair: a verification option on select games that lets a player confirm a round’s outcome was not altered after the bet was placed.
- Jackpot: a prize pool, sometimes progressive, that grows with play and pays out under specific game conditions.
- Buy Feature: a slot option that lets a player pay a set cost to jump straight into the bonus round instead of triggering it naturally.
Bonus Terms
- Welcome bonus: a package offered once at registration, before the first deposit. HitnSpin players choose one of four packages: Thor, Lagerta, Freya, or Ragnar.
- Wagering requirement: the turnover a player must clear before bonus money becomes withdrawable. Bonus balance carries a 40x requirement, while free-spin winnings carry a separate 30x requirement.
- Free spins: spins on selected slots credited without an extra deposit, included in the Thor, Lagerta, and Freya packages.
- Cashback: a return of a share of losses. In the HitnSpin app, a piggy-bank mechanic quietly collects losses that later convert into cashback.
- Loyalty points: points earned from real-money bets that convert into bonus balance, at better rates as a player’s level rises. The Freya package grants 750 points immediately, which raises the player’s level right away.
Sports Betting Terms
- Odds: the number showing how much a winning bet pays relative to the stake.
- 1X2: a three-way bet on a match outcome — home win, draw, or away win.
- Handicap: a bet where a virtual head start or deficit is applied to one side before the result counts.
- Double chance: a bet covering two of the three possible 1X2 outcomes in a single wager.
- System bet: a combination wager built from several selections, structured so some selections can lose while the bet still pays.
Payment and Account Terms
- KYC (Know Your Customer): the identity check that kicks in once a player’s transactions add up to roughly 1000 EUR/USD equivalent. Getting verified means uploading three things: an ID document, a photo of the card used for payments, and a selfie taken while holding that same ID.
- Deposit: funds added to a player’s balance using a bank card, e-wallet, or cryptocurrency such as Bitcoin, Litecoin, Ethereum, or Tether.
- Deposit limit: a cap a player can set on how much can be deposited over a given period, part of responsible play tools.
- Self-exclusion: a tool letting a player pause their own account access for a chosen period.
- Curaçao licence: the gaming authorization under which HitnSpin runs, numbered OGL/2024/818/0448 and granted by the Curaçao Gaming Control Board to operator TwiceDice B.V. (company number 154842, Willemstad, Curaçao).
Acronym Table
| Acronym | Meaning |
|---|---|
| RTP | Return to Player |
| RNG | Random Number Generator |
| KYC | Know Your Customer |
| FS | Free Spins |
| 1X2 | Home / Draw / Away bet |
FAQ
What does RTP actually tell a player?
It’s a long-term average, not a guarantee for any single session. A slot with 96% RTP can still produce short losing or winning streaks.
Why are bonus wagering and free-spin wagering tracked separately?
They clear under different multipliers, 40x for bonus balance and 30x for free-spin winnings, so HitnSpin tracks each turnover independently until both are met.
What sets off the KYC check?
Once a player’s transaction volume passes roughly 1000 EUR/USD equivalent, HitnSpin asks for an ID document, a photo of the card used to pay, and a selfie showing that ID.
What is a system bet used for?
It lets a bettor combine multiple selections into one wager while still collecting a payout even if not every leg wins, unlike a straight accumulator.