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A Guide to Common Social Casino Terminology

by Busines Newswire
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Recently, the social gaming sector has experienced significant growth, welcoming many newcomers. If you’re one of them, you know stepping into this world can be daunting, especially if you don’t have any industry knowledge.

Thankfully, learning the jargon can make the process easier. In light of this, the following article lists the key terms used in social casino lingo. Check them out, make a few notes, and start your gaming experience hassle-free.

1. No-Purchase-Necessary Model

The no-purchase-necessary business model is the first thing to grasp if you want to play at social casinos. The term refers to the unconventional way these gaming platforms operate. They do not use real funds to offer services or run games; instead, they rely on site-specific casino credits. This means players cancreate accounts, play games, and win rewards without making investments, which is where the term no-purchase-necessary comes from.

2. Gold Coins and Sweeps Coins

Two other terms you’ll often encounter in this type of gaming are Gold Coins (GC) and Sweeps Coins (SC). These two are the most commonly used virtual currencies in social casinos with sweepstakes elements. Both allow players to try their luck at games without making any purchases. However, the former (GC) doesn’t have any monetary value outside the platform, which means you can only use it for entertainment purposes, whereas the latter (SC) lets you exchange it for real rewards.

1. Casino-Style Games

Social casinos that use the sweepstakes model flourish in tightly regulated gaming markets thanks to their no-purchase-necessary business model. These jurisdictions tend to impose specific rules that often relate to the equipment involved in games, like dice and roulette wheels. To cater to them, these casinos modify some of their traditional gaming formats.

As https://www.fortunecoins.com/public-lobby/lobby shows, the games retain many of their original features, including rules and gameplay. However, some modifications they introduce make them “casino-style” rather than regular casino games.

2. Virtual (RNG) Games

The majority of games in social casinos are virtual or RNG-powered. This means that they feature computer-simulated gameplay and outcomes determined by random number generators (RNG). The computer programs use real-life casino games as inspiration, and the RNG relies on algorithms to sift through a series of numbers and choose a random winner. The most popular virtual games in social casinos are slots, though table games are close behind.

3. RTP and Volatility

RTP and volatility are two statistical measures social casinos use to describe games. RTP (return to player) tells you how many coins you can expect to win based on a 100-coin investment. Volatility or variance refers to the frequency at which the game provides rewards. High-volatility games offer bigger returns less frequently, while low-volatility ones reward more often but keep your winnings modest.

4. Casino Promotions

Bonuses and promotions are reward packages social casinos offer their users. They come in many shapes and forms, from Gold and Sweeps Coins bundles to win boosters and free spins. The most popular social casino promotion is the welcome or sign-up bonus, which targets newcomers. Other options include daily login incentives, mail-in requests, friend referrals, social media giveaways, and so on.

5. Reward Redemption

Reward redemption refers to the process of claiming winnings from social casinos. These platforms typically only let you redeem rewards if you’ve met certain conditions, including:

  • Identity verification, which involves sending copies of government-issued documents proving your identity;
  • Playthrough requirements, which tell you how many times you have to play through the coins you’ve won to earn the right to withdraw them;
  • Coin and promotion validity period, which limits the time during which a reward is available in your casino account.

Some social casino brands include other rules, so it’s wise to check their Terms and Conditions page before you request a redemption.