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felbit Glossary: Every Key Term in One Place
TERM REFERENCE

felbit Glossary: Every Key Term in One Place

From RTP and volatility to rollover conditions and KYC steps, this glossary covers the words you'll encounter across slots, live casino tables, sports betting markets and your account wallet. Each definition is written in plain language so you can make faster, better-informed decisions in the lobby.

  • Game Mechanics
  • Odds & Betting
  • Payments & Wallet
  • Account & Verification
CORE DEFINITIONS

Essential Casino Terms You'll See in the Lobby

These are the terms that appear most often — in game info panels, on the paytable screen and inside your account history. Understanding them helps you read a game's behaviour before committing a stake.

What is RTP?

RTP stands for Return to Player. It is the theoretical percentage of all wagered amounts a game returns to players over a very large number of rounds. Felbit shows RTP only where the game provider publishes it; it is not a per-session guarantee.

What is house edge?

House edge is the mathematical advantage the game holds over the player, expressed as a percentage. A lower house edge means the game returns a higher share of stakes over time. It is the flip side of RTP and varies by game type and rule set.

What does volatility mean in a slot?

Volatility, also called variance, describes how a slot distributes its prizes. High-volatility slots pay larger amounts less often. Low-volatility slots pay smaller amounts more frequently. Neither is objectively better — it depends on your session size and preference.

What is a wager or turnover?

A wager is any bet placed on a game round or sports market. Turnover refers to the cumulative total of wagers over a period. Your account history shows individual wager records and running totals per session so you can track spending.

What is a jackpot in a slot game?

A jackpot is a slot game's top prize, awarded on specific rare symbol combinations or through a triggered mini-game. The prize amount is set by the game itself. Felbit does not add external amounts; what you see on the paytable is what the game offers.

What is a live dealer?

A live dealer is a real person dealing cards, spinning a roulette wheel or managing a baccarat shoe via video stream. Classic Baccarat Live, for example, connects you to a studio dealer in real time. Bets are placed on your screen and settled by the dealer's result.

ODDS AND ACCOUNT TERMS

Betting, Payment and Account Language Explained

Sports betting markets, wallet transactions and account verification each carry their own vocabulary. These definitions cover the terms you're most likely to encounter when placing a bet on a PBA game or completing a GCash deposit through your account wallet.

What is Asian handicap?

Asian handicap is a sports betting market format that removes the draw outcome by assigning a goal or point advantage to one team. It is common in basketball and football markets. Fractional handicaps like 0. 5 or 1. 5 ensure a definite result on every bet.

What does over/under mean?

Over/under is a betting market where you predict whether a combined statistic — total points scored, total rounds, total goals — will be above or below a set number. It is especially popular in PBA and NBA basketball betting where high scoring is common.

What is rollover?

Rollover is the total wager amount required before a conditional credit can be withdrawn. It is expressed as a multiplier of the credited amount. Your account dashboard shows current rollover progress after login so you can see the remaining requirement in real time.

What is an e-wallet in the context of deposits?

An e-wallet is a digital payment account used to fund your casino wallet without entering bank details on every transaction. GCash, Maya and GrabPay are the e-wallets available on felbit. You link them once and select them from the deposit screen for subsequent transactions.

What is KYC?

KYC stands for Know Your Customer. It is an identity verification step required before a withdrawal can be processed. You submit a government-issued ID and sometimes proof of the payment method used. The specific documents required are listed in your account's verification section.

What are session or account control limits?

Account control limits let you set boundaries on how much you deposit or how long a session runs. These are accessible in the account settings area. Setting a limit does not prevent you from logging in; it caps specific actions you define within the controls panel.

How These Terms Connect to Real Lobby Decisions
TERMS IN ACTION

How These Terms Connect to Real Lobby Decisions

Reading a game's information panel gets faster once the vocabulary is familiar. When you open Jeepney Jackpot Deluxe, the paytable lists symbol values — that structure reflects volatility and RTP at the game level. A high-volatility title like a crash game such as Jetpack Crash will show longer stretches without a large prize round, then a significant one. In the sports lobby, Beach Volleyball Betting and basketball markets both use over/under and Asian handicap formats, so knowing both terms lets you compare market types before placing. On the account side, when a rollover figure appears after a conditional credit is applied, you can see it as a wager target rather than a confusing number.

  • Paytable and Volatility

    In Jeepney Jackpot Deluxe, the paytable screen shows each symbol's payout. The spread between low and high symbol values signals volatility — a wide gap points to higher variance play.

  • Crash Game and RTP

    Jetpack Crash displays a multiplier that rises until it stops. RTP applies to the overall round history, not to any single round. The game's info panel shows RTP where the provider publishes it.

  • Sports Market Terms

    Beach Volleyball Betting markets list Asian handicap and over/under lines side by side. Selecting over/under means you are betting on total points, not on which team wins — two different decisions from the same event.

  • Rollover in Account Dashboard

    After a conditional credit is applied, the rollover tracker in your account dashboard shows a progress bar. It updates after each settled wager so you can see how much turnover remains before the withdrawal route opens.

GET TERM HELP

Unclear on a Term? Here is Where to Ask

If a definition here does not match what you are seeing on your screen, or if a condition in your account wallet is worded differently from what you expected, our support team can clarify the specific rule as it applies to your account. Reach out through any of the routes below.

  • Live Chat

    Start a chat session from within your account. Describe the term or screen you are looking at and an agent will walk through the exact rule or condition with you. Available directly from the account help icon.

  • Email Support

    Send a message to the support address listed in your account settings. Include a screenshot of the term or condition you are asking about and your account ID so the team can pull up the relevant details quickly.

  • Account Help Section

    Your account has a built-in help section accessible after login. It covers common wallet terms, GCash and InstaPay transaction queries, and account verification steps with the current requirements shown for your account tier.

WHY TERMS MATTER

Knowing the Language Helps You Manage Your Account Better

A player who understands RTP does not expect a game to return that percentage in a single session — they read it as a long-run design characteristic and size their rounds accordingly. Someone who knows what rollover means will not be surprised when a conditional credit is not immediately withdrawable. These are not obscure concepts. They appear on every game screen, in every sports market and in the wallet section of your account.

Where Each Term Family Appears in the felbit Lobby
TERM FAMILIES

Where Each Term Family Appears in the felbit Lobby

The glossary covers four broad families of terms. Each family maps to a specific area of the platform — game lobby, sports markets, wallet screens and account settings — so you know where to look when you encounter a term you want to check.

  • Game Mechanics

    RTP, volatility, house edge, paytable and bonus round all appear in the game's own information panel. Open any slot or table game, tap the info icon, and you will find these figures where the provider publishes them. Bingo Turbo and Poker Sit and Go each have their own mechanic definitions inside the game screen.

  • Odds and Betting Terms

    Asian handicap, over/under, moneyline and spread are shown directly on each sports market listing. In basketball betting — PBA and NBA lines — you will see handicap values next to each team. Selecting a market type before you place confirms which format the bet uses.

  • Wallet and Payment Language

    Deposit, withdrawal, transaction reference, e-wallet and InstaPay transfer terms appear in your wallet history and on the deposit or withdrawal form. GCash and Maya transactions each generate a reference number stored in your account history — that number is the proof of transaction for any query.

  • information and Account Conditions

    Rollover, turnover, eligibility and account tier terms appear in the conditions attached to any credit applied to your account. The current state of any condition — including remaining rollover — is shown in your account dashboard after login, not in a separate notification.

PLATFORM FEATURE QUESTIONS

Common Questions About Using felbit Features These Terms Describe

These questions are about how the platform applies the concepts in this glossary — not just what the terms mean in isolation, but how they work when you are logged in and active.

Where do I find the RTP of a specific slot on felbit?

Open the game, then tap the information or paytable icon — usually a small 'i' or question mark inside the game frame. RTP is shown there when the game provider publishes it. Not every provider exposes this figure, so it is not available for every title.

How do I check my current rollover progress?

Log in to your account and go to the wallet or information conditions section of your dashboard. A progress bar or numeric display shows how much turnover has been completed and how much remains before the withdrawal route becomes available for that credit.

What documents does KYC require on this platform?

The specific documents required are listed in your account's verification section after login. Typically a government-issued photo ID is needed. Your account page shows the current status and any outstanding items — requirements may vary based on your account activity and withdrawal amount.

Can I set a session limit on my felbit account?

Yes. Account control settings are in your account panel, reachable in two taps after login. You can set boundaries on session length or deposit amounts from that screen. The current values you have set are always visible there — no support request is needed to review or adjust them.

How does a GCash deposit show up in my wallet history?

After a GCash transfer is confirmed, a transaction entry appears in your wallet history with a reference number and a timestamp. That reference is what to quote if you contact support about a pending or unclear transaction. The entry stays in your history permanently for account record purposes.

Does the Asian handicap format apply to basketball betting on felbit?

Yes. PBA and NBA basketball markets include Asian handicap lines alongside over/under options. The handicap value assigned to each side is shown on the bet selection screen. Confirming the handicap before you place ensures you know which team starts with the point advantage in that market.