Glossary
Key Terms
Host: A user who creates and manages games on the platform. Hosts define game parameters, fund liquidity pools, and earn revenue from player bets.
Player: A user who participates in games by placing bets and competing for payouts or jackpots.
House Edge: The percentage of each bet retained by the host as profit.
Liquidity Pool: The funds deposited by the host to cover payouts for a specific game.
Payout Multiplier: The factor applied to calculate winnings for a successful bet (e.g., 2x for common outcomes, 1,000x for jackpots).
Jackpot Contribution: A percentage of every bet allocated to a progressive prize pool.
Smart Contract: Blockchain-based code that manages game rules, processes bets, and ensures payouts.
$Randy: The native token of The Round Table platform, used for launching games, rewarding players, and maintaining a deflationary token economy.
Solana Memecoins: Popular Solana-based tokens such as BONK, PENGU, and others, which can be used for betting and liquidity.
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