L
A ‘land based casino’ is any gaming premises located in the real world, as opposed to online. Examples include Caesar’s Palace and Grosvenor Casinos.
Live odds are odds which update in the build-up to an event and also while the event plays out. Players who are losing on one bet can take another.
“Lotteries” are popular games of chance where players purchase tickets for a shot at winning large prizes, typically cash or goods
Loyalty points are a bonus incentive scheme used to keep players dedicated to a single house. They allow players to access rewards or new statuses.
A loyalty scheme in gambling refers to a rewards program designed to incentivize and retain players by offering bonuses, perks, and exclusive benefits based on their activity.
Luck in gambling refers to the random chance that determines the outcome of a bet or game.