Reference

Every Key Betting Term in One Place

propswap's glossary covers the words you'll run into placing NFL spreads, building same-game parlays, or funding your account with PayPal and Venmo — plain definitions, no filler. Access depends on state law and is available where local law permits.

Odds & LinesGame MechanicsPayments & WalletsAccount & KYCBonuses & Rollovers
Explore the Lobby Read FAQ
propswap Every Key Betting Term in One Place
GET CLARITY FAST

Ask Us When a Term Is Still Unclear

If a definition raises more questions about how a specific game, line or payment step works on propswap, reach out through any of the channels below. Account help is the fastest path when the question is tied to your wallet or verification status.

Live Chat Open the chat window from your account dashboard for real-time answers on terms, wagering conditions, or how a Play+ deposit clears in your balance.
Email Support Send a detailed question about a bonus rollover, KYC document request, or game mechanic to our support address and we'll reply with a full account-specific explanation.
Help Center Our searchable help articles cover PayPal and Venmo deposit steps, identity verification, and how spread and total bets appear on your account statement after settlement.
propswap Know the Language Before You Place a Bet

Know the Language Before You Place a Bet

Misreading a term like rollover or volatility can shift a decision fast — knowing what each word actually means helps you pick the right wager size, choose a game that fits your style, and move money through your account without surprises. Whether you're reading a line on an NFL matchup, checking your e-wallet balance after a Play+ deposit, or reviewing a bonus

condition, the terms in this glossary map directly to actions you take in the propswap account dashboard. Players in Newark use this page as a quick reference before locking in a parlay or cashing out via Venmo.

Foundational Terms Every Bettor Should Know

Start here if any of the basics feel fuzzy. These six terms appear on almost every sportsbook and casino page you'll open inside the platform.

RTP is the percentage of total wagered money a slot or game returns to players over many rounds. A 96% RTP means $96 back per $100 wagered on average, long-term.

House edge is the built-in mathematical advantage a casino holds on any game. Blackjack typically carries a lower house edge than most slot titles, which affects how long your bankroll lasts.

Volatility describes payout frequency versus payout size. High volatility slots like Gates of Olympus pay less often but hit bigger amounts; low volatility titles pay smaller amounts more frequently.

A wager requirement, sometimes called turnover, is the number of times you must play through a bonus amount before withdrawing it. Example: a $20 bonus at 5x rollover requires $100 in total bets.

A jackpot is the highest prize pool a slot can award. Progressive jackpots grow with each bet placed across all players; fixed jackpots pay a set amount regardless of how many rounds have run.

Live dealer games stream a real human dealer via video feed. You place bets on your screen while watching the dealer shuffle, spin or deal in real time — Double Ball Baccarat is one example.

Lines, Payments, and Account Words Unpacked

These terms come up once you move past the basics — reading a spread, verifying your account, or routing a withdrawal through your e-wallet. Each definition maps to a real step inside your account.

A moneyline bet is a straight pick on who wins. American odds show the favorite with a minus sign (e.g., -150) and the underdog with a plus sign (e.g., +130), showing how much you risk or win per $100.

Over/under (also called the total) is a bet on whether the combined score of a game lands above or below a set number the sportsbook posts. Common in NFL and NBA betting.

Rollover is another word for the playthrough or wager requirement attached to a promotional credit. You must bet the bonus amount a specified number of times before the balance becomes withdrawable cash.

An e-wallet is a digital payment account that stores funds for fast transfers. PayPal and Venmo are the e-wallets supported at propswap; both link to your bank or card and move money without entering full card details.

KYC is the identity verification process required before a withdrawal clears. You submit a government-issued ID and, in some cases, proof of address; this step protects your account from unauthorized access.

A same-game parlay combines multiple prop bets or lines from a single game into one wager. All legs must win for the parlay to pay out; player props from one NFL game are a common example.

How These Terms Apply Inside Your Account

These questions connect glossary definitions to real actions — funding, wagering and withdrawing — so the words mean something concrete when you see them on screen.

RTP is shown only where the game provider exposes it. Inside a slot like Surf City Fortune or Ranch Treasure, check the game info panel before you start a session to see whether the provider publishes it.

After a promotional credit posts to your account, the rollover progress tracker shows in your wallet section. Each qualifying bet reduces the remaining amount until the balance unlocks for withdrawal.

KYC is triggered when you request your first withdrawal or when your account reaches a review threshold. Submit a government-issued ID through the secure upload tool in your account settings to clear it.

Deposits via PayPal or Venmo post to your propswap wallet once the transfer confirms on the payment provider's end. You'll see the amount reflected in your available balance on the account home screen.

Settled means the event has finished and the outcome has been graded. A winning settled bet adds the payout to your withdrawable balance; a loss records the deducted stake against your account history.

Rollover rules are set by the specific promotion, not the deposit method. Check the promotion details in your account to see whether Play+ funded play counts at the same rate as PayPal or Venmo deposits.
Reference

propswap Betting Glossary

Service availability depends on eligible states and local law. US online casino and sportsbook access is licensed state by state, so check your state's rules before opening an account. 21+ where applicable.

Access may be available only in states where local law permits.

Related pages

InfoThunder Rocket RushInfoTennis Odds BoardInfoYellowstone Jackpot

Related pages

propswap United States propswap Banking Guide Golf Team Form Guide Prospector Wilds FAQ