What is Slot Volatility and Why is it Important to Know?

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You may play high-volatility slots and low-volatility slots, even if you don’t realize it at first. However, the more you play, the better you’ll get at telling them apart. In the context of slot machines, volatility quantifies the degree of player risk involved in each spin. 

All slot machines include the potential for financial loss, but certain games are more unpredictable than others. Learn more about this fantastic indication right now, just in time to choose your new favorite slot machine!

Introducing Slot Volatility

A slot machine’s volatility (also known as variance) indicates how much players may expect to earn on average whenever a winning combination is spun in.

Variance Win Frequency Win Size Description
Low Often Small Low risk, Low reward
Medium Average Average Average risk, Average reward
High Rare Big High risk, High reward

The volatility of a slot machine is the element of risk that players take while playing. It’s a measure of how frequently and how much success may be anticipated. You may attribute your short-term success to volatility. 

It coincides with the long-term return-to-player rate (RTP), which determines how much of each wager is returned to the player over time.

High-volatility slot games at Ekbet casino provide larger payouts for fewer winning combinations. Similarly, low-volatility games are those that have a high frequency of modest wins and a low total number of pay lines. 

The volatility of a game is what sets the chances of winning, the prize pool, and the level of risk that players are exposed to, regardless of whether it is played in a physical casino or online.

Slot volatility information is not mandated nor widely accessible, despite its importance to players. In certain establishments, a volatility scale from 1 to 5 is provided. When selecting a volatility level of 3, you can expect to take moderate to high risks.

A few games will reveal a game’s unpredictability. Check the paytable. Because they won’t reward that much every few spins, high-variance slots guarantee enormous jackpots. A player’s decision and budget determine which slot game to play, regardless of volatility or variance.

What Slot Volatility is Best for Me

The games you play might have varying degrees of excitement, depending on the kind of player you are. Even if it only appears once per hundred spins, a high-volatility game offers greater chances if you have a substantial bankroll. 

So take a look below to learn more:

Volatility Level Play if You Are
Low Are more interested in the experience of gambling than the potential winnings, have a smaller budget but more time to play, and prefer the certainty of frequent, little wins.
Medium-Low You’re a cautious gambler who prefers quick gains with little risk and who has a tiny bankroll.
Medium Taking moderate risks. Do you: enjoy winning smaller amounts, have a small to large capital to play with, and want to try your luck at playing the jackpot?
Medium-High The sort of player that is willing to take risks in the hopes of winning the jackpot, but who also enjoys a steady stream of smaller winnings over the course of a game.
High Definitely a High-Roller. Has a lot of money to spend; isn’t afraid of losing it; isn’t afraid of taking risks; and is patient enough to wait for the jackpot.

Generally speaking, slots may have either a high, medium or low volatility. Both traditional casinos and virtual ones present similar dangers to their customers. 

Most players have a go-to slot game they consistently play, and your personality may be deduced based on the degree of risk you’re willing to take or how methodically you like to play. Veteran gamblers may choose from five different slot volatility settings.

High-Variance Slots

High-variance slots are the riskiest but pay the most. Low-capital or risk-averse players should avoid this variant. When high-variance slot machines do hit, it’s big like a lottery. These games need a large bankroll and several spins before a win. 

High-variance slots suit risk-takers and those with larger bankrolls. These gamers wager high every spin and wait for rare huge winnings.

An Example you can try is Bonanza (Big Time Gaming) 

Medium-High Variance Slots

When comparing the frequency of winning combinations and the size of payouts, machines with a medium-high variance are most like those with high volatility. 

This degree of volatility is similar to that of high-variance slot machines and is aimed toward high-stakes players who do not mind the occasional loss of a large portion of their bankroll. 

For example, The Wish Master (NetEnt) is a five-reel, three-line slot with 20 possible winning combinations. 

Medium-Variance Slots

The best slot games are those with medium variance, which falls between high and low volatility extremes. Those who prefer slots with this level of volatility are prepared to take some chances, but they don’t want to blow their whole bankroll too quickly. 

These games include a high frequency of little victories and a moderate frequency of mid-sized wins. Example: Untamed Giant Panda (Microgaming)

Medium-Low Variance Slots

Medium-low volatility slots reward more regularly than medium variance slots, but huge winning combinations are rarer. They have a greater hit frequency and lower risk than a medium variance. 

Payouts from medium-low volatility slots are more frequent than those of medium volatility slots, but there are fewer winning pay lines overall. 

Slot machines with a medium payout provide smaller but safer wins. In this case, BerryBurst (NetEnt)

Low-Variance Slots

The rewards at low-variance slots are less but more frequent. Every few spins, you can get a winning combination that adds a little to your cash. These slot machines tend to attract inexperienced gamblers who are more interested in having fun than making a killing.

You can enjoy yourself for a few hours for only a few bucks. Example: Hit in Vegas (Microgaming)

Final Words

Slots have numerous intriguing characteristics. Scatter and free spin elements vary in each game. There are progressive and fixed jackpots and pay-line bonuses. These elements increase game risk. 

After this article, you should know exactly what kind of volatility slots are suitable for you, it remains to choose an online casino and a game, and it seems that you have already chosen an online casino.

About Neel Achary 19105 Articles
Neel Achary is the editor of Business News This Week. He has been covering all the business stories, economy, and corporate stories.