Glossary

Kk

Kelly Criterion

A mathematical formula used to determine the optimal bet size based on the perceived edge and odds.

Keno

A lottery-like casino game where players select 1 to 20 numbers from a pool of 80. Twenty numbers are randomly drawn, and players win if their chosen numbers match any of the drawn ones.

Know Your Customer (KYC)

A verification process requiring online gambling platforms to confirm a customer’s identity when opening a real-money account, aimed at preventing fraud and illegal activities.