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Understanding the wagering terms
When you're playing at a casino in canada, it's important to understand the terminology used. This will help you make informed decisions while you're playing and avoid any unpleasant surprises. In this article, we'll discuss the most common wagering terms and what they mean for you.
Casino wagering terms:
- Bet - The amount of money that is wagered on a particular bet or spin.
- Chip - A small disc made of plastic, ivory, bone or metal that is used to represent monetary value in online gambling slot games. Chips are also known as checks.
- Commission - A commission is a fee charged by a casino for handling bets or paying out winnings. It's usually expressed as a percentage of the total amount wagered on each game. For example, if the commission rate is 5%, then the casino would keep 5% of all money wagered and pay out 95% to winners.
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