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Your 101bet Glossary: From Odds to Wallet
KNOW THE TERMS

Your 101bet Glossary: From Odds to Wallet

Every term you come across on 101bet — from RTP and house edge to rollover and KYC — is explained here in plain language.

  • Odds & Markets
  • Game Mechanics
  • Wallet & Account
  • Information
WHY TERMS MATTER

Read the Lobby Like You Know It

Betting vocabulary sits at every step of your account journey. You see RTP figures on slot detail pages, volatility tags on game cards, rollover conditions attached to any information, and KYC prompts when you first s

TERM FAMILIES MAPPED

Where Each Term Group Appears

Terms cluster by the part of the platform they describe. Knowing which family a word belongs to tells you where to look it up in your account.

  • Game Mechanics

    RTP, volatility, RNG, paylines, and hit frequency all appear on individual game detail pages or in a provider's paytable. Open a slot title and look for the information icon or rules panel — this is where game mechanics terms live on 101bet.

  • Odds and Markets

    Asian handicap, over/under, decimal odds, and spread sit inside the sportsbook section. Cricket markets — IPL, BPL, international fixtures — use these labels on every event card. Select any match to see the full odds display alongside the market names.

  • Wallet and Account

    Deposit, withdrawal, e-wallet, pending balance, and KYC all appear inside your account dashboard. When you tap the wallet icon after logging in, you see your transaction history, current balance, and the verification status that controls what Nagad, Upay, or Bank Transfer options are active.

  • Information Conditions

    Rollover, turnover, wagering requirement, and minimum odds are the terms attached to any information in your account's information area. Each condition is shown before you accept — read these before confirming so you know exactly what account activity they track.

CORE DEFINITIONS

Key Game Terms in Plain Language

These are the game-mechanics and table terms you will see most often when browsing the 101bet lobby. Each definition is short and practical.

What is RTP?

RTP stands for Return to Player. It is the percentage of total bets a slot or game returns to players over a very large number of rounds. A 96% RTP means the game pays back 96 per 100 wagered on average across all sessions — it does not predict your individual result.

What is house edge?

House edge is the mathematical advantage the platform holds on each game. A 2% house edge means the platform retains 2 per 100 wagered on average over time. It is the mirror figure to RTP — the two always add up to 100%.

What is volatility?

Volatility describes how a slot pays out. High volatility means bigger wins that come less often. Low volatility means smaller, more frequent wins. It tells you how your balance may swing during a session, not how much you will win overall.

What is a wagering requirement or turnover?

A wagering requirement, also called turnover, is the number of times you must bet a balance before it can be withdrawn. If a condition says 10x turnover on 500 BDT, you need to place 5,000 BDT in qualifying bets before that balance clears for withdrawal.

What does jackpot mean in a slot context?

Jackpot refers to the largest prize a slot can award. Some slots have a fixed jackpot — a set maximum payout — while others have a progressive pool that grows with each bet placed. The jackpot amount and trigger conditions are shown in the game rules panel.

What is a live dealer?

A live dealer game streams a real human dealer running a physical table — roulette, baccarat, blackjack — from a studio camera. You place bets on your screen and watch the outcome in real time. It combines the pace of online play with a table-room feel.

ODDS AND ACCOUNT TERMS

Sportsbook, Payment, and Verification Terms

These terms cover the sportsbook markets, your payment wallet, and the account verification steps you encounter when depositing or withdrawing on 101bet.

What is Asian handicap?

Asian handicap removes the draw result from a match by giving one side a goal or points advantage before kick-off. It narrows your bet to two outcomes instead of three and is common in cricket and football markets on the 101bet sportsbook.

What is an over/under market?

An over/under bet asks whether a combined total — runs scored, goals, corners — will finish above or below a set number. In a cricket match you might see over/under on total runs in an innings, giving you a market independent of which side wins.

What does rollover mean?

Rollover is another word for wagering requirement. It states how many times a balance must cycle through qualifying bets before a withdrawal is processed. Your account's information area shows the current rollover amount and how much of it you have completed.

What is an e-wallet in the 101bet context?

An e-wallet is a digital wallet service — Nagad, Upay — that lets you move money between your phone balance and your 101bet account without a bank card. Deposits and withdrawals via e-wallet appear in your account transaction history with a channel label.

What is KYC?

KYC stands for Know Your Customer. It is a standard identity verification step triggered when you submit a withdrawal or reach an account limit. You upload a valid ID document; the result determines which payment channels — including Bank Transfer — are active on your account.

What are minimum odds?

Minimum odds is a condition sometimes attached to a sportsbook offer. It sets the lowest decimal odds a qualifying bet must carry to count toward a rollover total. A minimum odds condition of 1.5 means bets on markets priced below 1.5 do not contribute to your progress.

TERMS IN PRACTICE

How These Terms Connect on Real Screens

Knowing a definition helps, but seeing how terms overlap is what makes the lobby readable. Consider Teen Patti VIP Room: the game detail page shows an RTP figure and a volatility tag side by side.

  • Slot detail page

    RTP and volatility sit together on the information panel of titles like Teen Patti VIP Room. Read both before you start — RTP is the average return rate, volatility is the payout rhythm.

  • Crash game screen

    Aviator Mobile Play displays a live multiplier. The decision of when to cash out is an applied over/under judgment — you are choosing a threshold before the round closes.

  • Sportsbook event card

    A BPL match card shows decimal odds beside each Asian handicap line. Decimal odds are the payout multiplier; the handicap number is the margin adjustment applied before settlement.

  • Account wallet panel

    Your wallet splits balance into cleared and pending. A pending amount usually reflects a rollover condition in progress — tap the information detail to see the exact turnover figure remaining.

Ask Us When a Term Is Unclear
GET TERM HELP

Ask Us When a Term Is Unclear

If a term in the lobby, on a game screen, or in your account area is not clear, reach out through the routes published on the 101bet site.

  • Live Chat

    Open the chat widget on the 101bet site to ask about any term or account label in real time. The chat icon is visible on the main navigation bar once you are logged in.

  • Email Support

    Send a question about glossary terms, offer conditions, or wallet labels to the support address listed on the Contact page of 101bet. Include your account ID for faster handling.

  • Account Help Section

    The Help or FAQ area inside your 101bet account covers common term questions, transaction labels, and KYC steps. Check it first — many term queries are answered there without waiting for a reply.

USING THE PLATFORM

Common Questions About These Features

These questions cover how the terms you have just read connect to real account actions on 101bet.

Where do I check the RTP for a specific slot on 101bet?

Open the slot title you want — such as Roulette SpeedSpin or Aviator Mobile Play — and tap the information or rules icon inside the game frame. RTP is shown there when the provider makes it available. Not all titles display it.

How do I know when my KYC check is complete?

Your account dashboard shows a verification status label in the profile or wallet section. Once the submitted documents are reviewed, the status updates and the relevant withdrawal channels — including Bank Transfer — become active on your account.

Can I see my rollover progress before I withdraw?

Yes. Open the information or offers area inside your account while you are logged in. Each information shows the wagering requirement total and the amount you have completed so far, so you can see exactly how much qualifying activity remains.

How does the Asian handicap settle in cricket betting?

The handicap is added to one side's final score before the result is judged. If the team you backed carries a minus handicap, they need to win by more than that margin. Settlement details for each market appear in the sportsbook bet history section of your account.

What is the difference between a deposit and a pending balance?

A deposit is money you send to your account via Nagad, Upay, or Bank Transfer — it appears as cleared once processed. A pending balance is funds held under a rollover condition, not yet available to withdraw until the required wagering activity is complete.

Where can I find the minimum odds condition for a sportsbook offer?

Tap the offer detail or terms link shown next to any active sportsbook information in your account area. The minimum odds figure is listed there alongside the rollover requirement, qualifying markets, and any other conditions attached to that specific offer.