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Glossary

Last updated: 31-03-2026

If you've spent any time across casino games and sports betting, you already know the terminology isn't always consistent. A term that means one thing on the pokies floor means something completely different at the TAB or on a live dealer table. I've worked across sportsbook product for years, and the single most common point of confusion I see — for new players and returning ones alike — is terminology. People don't know what they're agreeing to because they don't know what the words mean.

This glossary is built to fix that. Plain English, real NZ$ examples, with a proper look at both casino and betting vocabulary. Whether you're spinning pokies for the first time or moving between game types at Bizzo, this is the reference to have open. Ready to play? Start at the Bizzo homepage — or jump straight to log in and get started.

What are the core casino terms every Kiwi player needs to know before they play?

These are the foundational terms — the vocabulary that appears on every game page, bonus offer and account dashboard. Get these locked in first, everything else layers on top.

Term Plain-English Definition NZ$ Example Category Notes
RTP (Return to Player) The percentage of total wagers a game returns to players statistically over millions of rounds 96% RTP = NZ$96 returned per NZ$100 wagered long-term Pokies / All Games A long-run mathematical model — not a session guarantee. Look for 95%+ on pokies
House Edge The built-in casino advantage expressed as a percentage of each bet retained by the house over time 5% house edge = casino keeps NZ$5 per NZ$100 wagered over many rounds All Games House Edge = 100% minus RTP. Lower always means better odds for the player
Volatility (Variance) How often and in what size a game pays out — low = frequent small wins, high = rare larger wins High-vol pokie at NZ$1/spin: 60 dry spins, then a NZ$90 return Pokies Match volatility to your bankroll — low volatility stretches limited funds much further
Wagering Requirement Total amount you must bet before bonus funds become withdrawable cash NZ$100 bonus at 30x = NZ$3,000 total bets needed before cashout Bonuses Also: rollover or playthrough. Under 35x is fair. Always check if it's bonus-only or deposit + bonus
Pokies The Kiwi term for video slot machines — used universally across New Zealand and Australia "Having a spin on the pokies" = playing online video slots at Bizzo NZ Slang Short for poker machines. The dominant casino game type in New Zealand
Bankroll The amount you set aside for gambling before a session — your entertainment budget Committing NZ$75 as tonight's bankroll before logging in Responsible Play Set this number before you start — not once you're in a session and emotions are running
RNG (Random Number Generator) Certified software producing entirely random outcomes for every spin, card draw or dice roll Every pokies outcome at Bizzo runs through an independently audited RNG Technology / Fairness eCOGRA and iTech Labs are the most recognised certifiers in NZ
KYC (Know Your Customer) Identity and address verification required by the casino before significant withdrawals Uploading NZ driver licence + utility bill before withdrawing NZ$250+ Security / Compliance Complete this on day one — KYC delays are the number one cause of withdrawal friction
Progressive Jackpot A prize pool growing with every bet placed across a network, paid in full to one winner Networked NZ jackpot climbing from NZ$20,000 toward NZ$400,000+ Pokies Base RTP slightly lower — a portion of each bet feeds the jackpot fund
Game Contribution % How much each game type counts toward clearing a wagering requirement — pokies usually 100%, table games often far less Roulette at 10% contribution: NZ$100 bet clears only NZ$10 of wagering Bonuses One of the most overlooked terms in casino T&Cs — search for "game weighting" in every bonus page
Free Spins Complimentary pokies spins granted as part of a promotion — winnings usually subject to wagering 50 spins at NZ$0.20/spin = NZ$10 bonus value, winnings then wagered Bonuses Check spin value, eligible game, expiry date and any win cap before accepting

Before diving deeper into game-specific vocabulary, it's worth visualising how different game types at Bizzo compare across risk, reward potential and house edge — because the right game choice depends entirely on what kind of session you're after.

GAME TYPE ANALYSIS: 5-DIMENSIONAL RADAR Statistical Comparison of Risk, Skill, and Mathematical Edge WIN POTENTIAL EASE OF PLAY VARIETY SESSION LENGTH LOW HOUSE EDGE POKIES (Slots) BLACKJACK (Strategy) LIVE ROULETTE Author's tip from Domenic Westphal, Head of Sportsbook Product & Odds Feed Integration: "One thing I consistently see players miss when they cross between game types: the house edge on blackjack with basic strategy sits around 0.5%, while a standard pokie runs 3–5%. That doesn't mean pokies are a bad choice — they offer win potential and entertainment that table games don't. But if you're trying to make a NZ$200 bankroll last as long as possible, a low-stakes blackjack session is mathematically the right call. Know your goal before you pick your game."

What do table game terms mean — and how do they differ from pokies vocabulary?

Table games have a vocabulary completely separate from pokies. If you're moving between the two at Bizzo, here are the terms that matter.

Hit / Stand — the two fundamental blackjack decisions. Hit means request another card from the dealer. Stand means stay with your current hand total and end your turn.

Bust — when your blackjack hand total exceeds 21, you immediately lose the round. The dealer can also bust — if they do, every active player hand wins automatically.

Double Down — in blackjack, you double your original bet in exchange for receiving exactly one more card, then must stand. Best deployed on totals of 10 or 11 against a weak dealer card.

Split — if your first two blackjack cards are identical in value, you can split them into two separate hands, each with its own bet equal to your original stake. Pairs of Aces and 8s are the most common splitting plays.

Push — a tie result in blackjack where both you and the dealer finish on the same total. Your original stake is returned — no win, no loss.

Natural / Blackjack — an Ace plus any 10-value card on your opening two cards. Typically pays 3:2, so a NZ$100 bet returns NZ$150 profit.

Inside Bet (Roulette) — placed on specific numbers or small groups inside the number grid. Higher risk, higher payout. A single-number straight bet pays 35:1 in European roulette.

Outside Bet (Roulette) — placed on broad categories like Red/Black, Odd/Even, or High/Low. Lower payout (1:1 or 2:1) but much better odds of winning on any given spin.

Ante — a mandatory initial bet required before cards are dealt in poker and some table games. Everyone contributes, establishing the base pot before any action begins.

Croupier — the staff member operating a roulette or live dealer table. In online live casino at Bizzo, the croupier is a real person streamed via video in real time.

How do odds formats work — and which one do Kiwi players encounter most often?

This is where sportsbook vocabulary bleeds into casino territory, and it's worth clarifying for anyone who moves between game types. Odds communicate two things simultaneously: the probability of an outcome and the potential return on a winning bet. The format changes depending on where you're playing — but the maths underneath is identical.

The visual below shows how the same implied probability looks across three common odds formats, so you can translate instantly between them.

Odds format converter: decimal vs fractional vs American odds across five probability levels Odds Format Converter The same probability expressed in decimal (NZ/AU), fractional (UK) and American formats — NZ$100 stake PROBABILITY DECIMAL (NZ/AU) FRACTIONAL (UK) AMERICAN (US) NZ$100 RETURNS 50% 2.00 1/1 (Evens) +100 NZ$200 total 33% 3.00 2/1 +200 NZ$300 total 25% 4.00 3/1 +300 NZ$400 total 10% 10.00 9/1 +900 NZ$1,000 total 5% 20.00 19/1 +1900 NZ$2,000 total Decimal odds include your stake · "Total returns" = profit + original NZ$100 stake · Bizzo · 18+

What are the bonus and payment terms Kiwi players encounter most often in 2026?

Bonus terminology is the section where most players come unstuck. The offer looks generous — and sometimes it genuinely is. But the mechanics underneath determine whether you'll ever withdraw a dollar of it. Here's the comparison that matters for NZ players in 2026.

Bonus Type Wagering Range NZ$100 Bonus = Must Wager Typical Max Bet Notes
Deposit Match (Welcome) 25x – 45x NZ$2,500 – NZ$4,500 NZ$5/spin Most common NZ offer. Check if WR applies to bonus-only or deposit + bonus combined
No Deposit Bonus 40x – 60x NZ$4,000 – NZ$6,000 NZ$2 – NZ$5/spin Win caps often apply (e.g. NZ$50 max cashout). Treat it as platform exploration, not real money
Free Spins Bonus 20x – 40x on winnings Based on spin winnings only NZ$5/spin Wagering applies to winnings from spins, not the face value. Check the eligible game first
Reload Bonus 20x – 35x NZ$2,000 – NZ$3,500 NZ$5 – NZ$10/spin For returning players. Usually the most reasonable wagering terms on the platform
Cashback Bonus 0x – 10x or none NZ$0 – NZ$1,000 Often unrestricted A % of losses returned — the most player-friendly structure for regular Kiwi players
VIP / Loyalty Reward 1x – 15x NZ$100 – NZ$1,500 Flexible or none Best terms on any platform. Earned through consistent play — worth chasing at Bizzo

One bonus term that deserves its own paragraph: game contribution percentage. This is the multiplier applied to your bets when clearing a wagering requirement depending on which game you're playing. Pokies typically count 100% — meaning NZ$100 in pokies bets clears NZ$100 of wagering. Table games often count 10% or less, meaning you'd need NZ$1,000 in roulette bets to clear the same NZ$100. Always search "game contribution" or "game weighting" in the bonus T&Cs before deciding where to play.

Author's tip from Domenic Westphal, Head of Sportsbook Product & Odds Feed Integration: "The 'rollover on deposit + bonus' versus 'rollover on bonus only' distinction is the most financially significant small-print difference in casino bonuses. On a NZ$200 deposit with a NZ$200 bonus at 30x: bonus-only WR = NZ$6,000 to clear. Deposit + bonus WR = NZ$12,000 to clear. That's a doubling of the required wagering from five words of fine print. Read it carefully every single time."

What are the NZ-specific terms and payment methods Kiwi players need to know?

New Zealand has its own gambling vocabulary, regulatory context and preferred payment infrastructure. These terms are the ones unique to — or most relevant for — players in Aotearoa.

Pokies — the definitive Kiwi term for video slot machines, online and land-based. Short for poker machines. Used everywhere in NZ gambling culture with no negative connotation.

Punter — standard NZ/Aussie term for a gambler or bettor. Having a punt = placing a bet. Completely natural language in the NZ context.

TAB NZ — the government-owned sports and horse racing betting operator. Operates under strict domestic regulation and recently had changes to what offshore operators can offer NZ bettors for racing and sport.

DIA (Department of Internal Affairs) — New Zealand's primary gambling regulator. The Online Casino Gambling Bill currently being enacted will bring DIA oversight directly to online casino operators serving NZ players, with licensing expected to proceed from mid-2026.

POLi — a direct bank transfer payment service connecting to your NZ internet banking (ANZ, ASB, BNZ, Kiwibank, Westpac) without needing a debit card. Instant deposits, no player fees. Widely available at Bizzo and other NZ-accessible casinos.

Neosurf — prepaid vouchers sold at NZ dairies, petrol stations and convenience stores. Enter the code to deposit — no bank details shared. Privacy-friendly. Note that Neosurf supports deposits only, not withdrawals, so have a separate cashout method arranged before you play.

Responsible gambling matters here too. If sessions stop being entertainment, contact the Gambling Helpline NZ on 0800 654 655 or the Problem Gambling Foundation NZ on 0800 664 262. Both are free, confidential, available 24/7. Bizzo operates strictly 18+.

How do withdrawal timelines compare across payment methods available to NZ players?

When you've cleared your wagering and completed KYC, the only remaining question is: how fast does your money arrive? The chart below shows typical payout speed by method so you know what to expect before you choose how to deposit.

WITHDRAWAL SPEED BY PAYMENT METHOD Processing Time Performance • NZ Market Benchmarks • Post-KYC Approval 0h 24h 48h 72h 96h 120h+ CRYPTOCURRENCY UNDER 2 HOURS ✓ E-WALLETS 2–24 HOURS DEBIT CARDS 1–3 DAYS NZ BANK TRANSFER 2–5 BUSINESS DAYS NEOSURF Deposits Only • No Withdrawals Supported Conversion Strategy: Promoting Crypto and E-Wallets reduces CS tickets related to payment latency. Author's tip from Domenic Westphal, Head of Sportsbook Product & Odds Feed Integration: "The single most avoidable withdrawal delay I see: players depositing via Neosurf or a method that doesn't support withdrawals, then being surprised when they can't use the same route to cash out. Before you deposit NZ$200+ at Bizzo, confirm your preferred withdrawal method in the cashier. Set up a verified e-wallet or ensure your bank transfer details are on file. Do this before you need it — not when you're trying to collect a win."

What security and compliance terms do Kiwi players encounter — and what do they actually mean?

These terms appear in the small print, in account settings and in withdrawal emails. Most players skip them until something goes wrong. Understanding them upfront means no surprises when you're trying to collect a payout.

Term What It Means When It Applies Timeframe Notes
KYC Verification Identity + address documents required before the casino processes significant payouts First withdrawal, large cashout, periodic review 24–72h after submission NZ licence or passport + utility bill. Submit on day one — never on withdrawal day
AML (Anti-Money Laundering) Regulatory check requiring casinos to verify source of funds for large transactions Large deposits, large wins, unusual activity patterns Variable — can pause payouts by days Keep screenshots of your NZ$ deposit history via POLi or bank — speeds up any review considerably
Pending Time The waiting window between submitting a withdrawal and the casino approving it for processing Every withdrawal request 0–48h typically Separate from payment transit time. Reputable platforms process within hours
SSL Encryption Security protocol encrypting all data between your browser and the casino server All sessions, all transactions Permanent when active Check for the padlock icon in your address bar — a baseline requirement for NZ$ transactions
2FA (Two-Factor Authentication) A second login verification layer — usually a code sent to your phone or email Account login and sensitive actions Instant Enable this in account settings. Protects your account even if your password is compromised
eCOGRA / iTech Labs Independent agencies that audit casino RNG fairness, RTP accuracy and player protection standards Ongoing — renewals on schedule Verifiable on demand via certificate Both recognised by NZ gambling review sites. Look for the certification seal in the casino footer
Self-Exclusion Voluntary restriction blocking account access for a set period — from 24 hours to permanent Player-initiated at any time Effective immediately on request Use it the moment gambling stops feeling like entertainment. Located in your responsible gaming settings
Deposit Limit A self-set cap on NZ$ deposits per day, week or month Player-initiated — can also be set by the casino Set instantly — usually 24h cooling-off to increase One of the most effective tools available. Set it before your first session at Bizzo, not after

That's the full reference — core casino vocabulary, table game mechanics, odds formats, bonus structures, NZ-specific context and withdrawal practicalities. Every term you'll encounter at Bizzo is covered. The knowledge is yours now; go use it well.

Start at the Bizzo homepage for a full overview of what's on offer — or head straight to log in and get playing. Every term on those pages? You've got them covered.

FAQ

What are "Paylines" and how do they work?
Paylines are the lines across the reels where winning symbols must land. Some games at Bizzo have 10 lines, while others have thousands of "ways to win" for players in New Zealand.
What is a "Scatter" symbol?
Scatters are special symbols that don't need to be on a line to win. Landing 3 or more usually triggers the Bonus Game or Free Spins at Bizzo for players in New Zealand.
What exactly is a "Wild" symbol?
A Wild acts like a joker. It can replace other symbols to help you complete a winning line. At Bizzo, some Wilds even multiply your prize money for players in New Zealand!
What is "Volatility" in simple terms?
It's the risk level. High = big prizes but rare wins. Low = frequent small wins. Pick the one that fits your style and budget in New Zealand while playing at Bizzo!
What is a "Re-trigger" during Free Spins?
If you land more Scatter symbols during your Free Spins round at Bizzo, you win even more spins! This is the best way to get huge wins in New Zealand for free.
What are "Cascading Reels"?
When you win, the winning symbols disappear and new ones fall down. This can give you many wins in a single spin at Bizzo! It's very popular in New Zealand.
What is "RNG"?
Random Number Generator. It's the "brain" that ensures every spin at Bizzo is fair and random. It's what makes the games trusted by all players in New Zealand.
What does "Max Cashout" mean?
It's the maximum money you can keep from a bonus win. For example, if the limit is $500 at Bizzo and you win $1,000, only $500 will be moved to your real cash in New Zealand.
Domenic Westphal
Domenic Westphal
Head of Sportsbook Product & Odds Feed Integration
Dominic is a technical product leader with extensive experience in managing complex API integrations between global data providers and consumer-facing sportsbooks. He specializes in the optimization of real-time odds feeds for high-velocity markets like tennis and basketball. Dominic’s professional focus is on reducing "bet delay" and improving the accuracy of automated settlement systems. On LinkedIn, he frequently shares insights on the evolution of "Micro-betting" and how low-latency data is redefining the way fans interact with live sporting events.
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