Which of these terms can the casino decide?

The evidence points to one, namely the wagering requirement, which comes from the operator's own bonus terms. Whatever is left is chosen by the game's studio, and a site hosting the game is unable to adjust it.

Why do RTP figures differ between sites?

Since a few studios never publish one, the figures in circulation for their games are estimates from third parties that do not agree. If comparison sites disagree on the numbers for a game, odds are that none of them is sourced.

Are these definitions specific to the Philippines?

No. Slot mechanics belong to the games, so they are identical everywhere. Anything tied to the Philippines comes down to payments and licensing, and the payment and provider sections explain both.

RTP versus volatility: what is the difference?

The long-run amount a game pays back is what RTP stands for. The pattern in which it pays back is what volatility means. Returning 96% does not make two games alike, because one may pay small sums nonstop and the other almost nothing until a very large win.

Should a player read a high maximum win as encouraging?

Think of it as a ceiling with a vanishingly small probability, not as a forecast. Publishing a 100,000x maximum win while calling itself medium volatility suggests the ceiling is an accounting number rather than an outcome you should plan for.

Where do these definitions come from?

What drives this is the way each game is built, and its information screen shows the details. Not one relies on an assertion about an operator, nor does any of them state a figure for a given title.

PH365 Glossary: What Links Them Together?

This section covers 8 glossary entries. You will meet each term here on casino page after casino page, and hardly any of them define it. You get a definition, the misreading that trails it and a worked example with the maths done in each entry, as most of these terms are misunderstood in one specific, predictable way, not merely unfamiliar.

Everything in this section

Term	In one line	Fixed by
Volatility	Whether a game pays back through frequent small wins or through infrequent large ones.	Decided by the game studio when it wrote the paytable and reel maths
Free spins	A feature round in which spins are awarded without any extra stake.	The studio that built the game, if it is a game feature; the operator, if it is a promotion
Bankroll management	Determining ahead of play what is at risk, and stopping at that figure.	The player. Nothing else sets it
Maximum bet rule	The stake allowed on one spin or hand is limited while wagering a bonus, and breaking that limit commonly voids the bonus along with its winnings.	The operator, in its bonus terms
Loss limit	A limit set in advance on how much can be lost over a chosen period, applied by the platform so it does not depend on willpower during a session.	Set by the player through account settings, then applied by the operator’s system
Turnover	Total stakes across a stretch of play, where the same money counts again each time it is wagered instead of one time per deposit.	Created by the act of playing and kept on record by the operator’s platform
Hit frequency	How often a spin returns a win of any size, however small, irrespective of the total returned across time.	Decided by the game studio in building the paytable and reel maths
Paylines	The set routes over the reels where matching symbols are paid	Decided by the game studio alongside the reel layout

Eight entries get 8 pages, one per entry, rather than a page that rounds up several. Each entry’s page spells out who was expected to publish any field above that reads “not published”.

Each entry in a paragraph

The aim is only to tell you which of these pages to open.

Glossary	In short
Volatility	Short for also called variance. Whether a game pays back through frequent small wins or through infrequent large ones. Fixed by: Decided by the game studio when it wrote the paytable and reel maths. Where you meet it: Game spec tables, where the entry is typically a label and not a figure. The misreading: ‘Pays more’ tends to be the reading given to high volatility.
Free spins	A feature round in which spins are awarded without any extra stake. Fixed by: The studio that built the game, if it is a game feature; the operator, if it is a promotion. Where you meet it: In lists of a game’s features, and also separately in bonus terms. The misreading: Despite the shared name, an in-game free-spin round and free spins given by an operator as a promotion are different things.
Bankroll management	Determining ahead of play what is at risk, and stopping at that figure. Fixed by: The player. Nothing else sets it. Expect to meet it on Responsible gambling pages, and again in deposit limit settings. The misreading: people often frame chasing losses as a way of recovering.
Maximum bet rule	Shortened from max stake rule, which is the other name it goes by. The stake allowed on one spin or hand is limited while wagering a bonus, and breaking that limit commonly voids the bonus along with its winnings. Decided by: The operator, within its bonus terms. Where you meet it: It appears in bonus terms and conditions and is sometimes enforced by the game client itself. The misreading: A common assumption is that only someone deliberately staking big needs to care about a maximum bet rule.
Loss limit	Short for a responsible-gambling tool. A limit set in advance on how much can be lost over a chosen period, applied by the platform so it does not depend on willpower during a session. Fixed by: Set by the player through account settings, then applied by the operator’s system. Where you will see it: Responsible gambling and account settings pages. The misreading: Some people view loss limits as something meant solely for players who are already struggling.
Turnover	Short for also called handle. Total stakes across a stretch of play, where the same money counts again each time it is wagered instead of one time per deposit. Fixed by: Created by the act of playing and kept on record by the operator’s platform. Where you meet it: Account activity history, along with bonus terms and responsible-gambling statements. The misreading: Turnover gets mistaken for the total deposited, or for the current balance, quite often.
Hit frequency	Short for also called hit rate. How often a spin returns a win of any size, however small, irrespective of the total returned across time. Fixed by: Decided by the game studio in building the paytable and reel maths. Where you meet it: Info panels from studios and spec sheets, which publish it less commonly than they do RTP. The misreading: It is commonly thought that a high hit frequency signals a more generous, ‘looser’ game.
Paylines	The set routes over the reels where matching symbols are paid Fixed by: Decided by the game studio alongside the reel layout. Where you meet it: Spec table plus info screen for the game in question. The misreading: Having more paylines is frequently taken to mean better odds.

The thing most often got wrong here

People get these terms wrong most often by assuming the casino is the one setting them. For the majority, no, because the studio decides RTP, volatility, paylines, wilds and scatters while building the game and the host site cannot adjust them.

One exception is the wagering requirement, written by the operator into its own bonus terms. Which of the two a listing falls under is written into it, since the answer points a complaint at the right party and a misdirected one stalls.

Check glossary details in the game itself

What these definitions say never hinges on how much weight this site carries. You can verify each one by looking at the game itself:

Open any slot’s own information screen. Paytable, way-count and feature rules: these are all in the game, and every mechanical term defined here is drawn from them as the primary source.
Compare a way-count against the grid. The 1,024 ways of a 5x4 grid equal 4 to the power of 5, a number that tells you about the grid’s shape and nothing about the game’s generosity.
Read the operator’s own conditions for any bonus term, not a paraphrase of them. A wagering requirement’s multiplicand matters: bonus only versus bonus plus deposit alters the answer by a factor of two.
Missing RTP from a studio calls for one comparison: do two sources that give a figure land on the same value? Since the two can disagree by up to two points on JILI titles, neither one gets to be called the authority.

Putting these glossary to work at PH365

At PH365, open any game and look for its info or help screen.
Start with three stated figures, RTP, volatility and maximum win, and interpret them with the definitions above.
Fit volatility to the size of your budget: the lower it is, the further a small balance will stretch.
Fix a loss limit in advance of the first spin, then stop as soon as you get to it.

PH365 Glossary: Casino Terms Explained in Plain Words