Plain definitions for AI casinos, prompt-to-game creation, game shares, provable fairness, RTP, volatility, bankrolls and the rest of the GambleFi vocabulary.
An AI casino is an online casino where the games themselves are generated by artificial intelligence from a text prompt, rather than built by a game studio.
A casino bankroll is the pool of capital that pays out player winnings and collects player losses — owned by the operator, or in GambleFi funded by users.
A creator casino is a gambling platform whose game catalog is built by its community rather than licensed from studios, with creators earning a revenue share.
Expected value is the average outcome of a bet if it were repeated infinitely. It is the fundamental unit of gambling math, and every standard casino bet is negative.
GambleFi is the sector combining gambling with decentralized finance: on-chain settlement, revenue-sharing tokens and community-funded casino bankrolls.
Game shares represent fractional ownership in a specific casino game's revenue stream, paying holders a portion of the value that wagering on it produces.
Hit frequency is the percentage of spins that produce any win at all. It shapes a game's rhythm and is a key input when balancing volatility against RTP.
In GambleFi, a liquidity provider deposits capital into a casino's bankroll and earns a share of the house edge, carrying the player variance in return.
Provably fair is a cryptographic system that lets players independently verify that a game outcome was random and could not have been altered after the bet.
Revenue APR is yield from a platform's actual income; incentive APR is yield paid in newly emitted tokens. They look identical on a dashboard and are not.
Revenue sharing is how a platform distributes part of its income to participants — stakers, bankroll LPs, game creators or the shareholders of a single game.
An RNG is the system that produces random outcomes in casino games. It decides results; the paytable decides what those results pay. AI never influences it.
RTP, or return to player, is the percentage of total wagers a game pays back over the long run — a mathematical property of its paytable, not a session promise.
A wagering requirement is the amount a player must bet before bonus funds become withdrawable, expressed as a multiple of the bonus. It exists to prevent abuse.