No matter how many slot machines are in all casinos around the world, they all come in three different degrees of volatility. The volatility of slots is an important factor that affects your probability of winning and the number of cashbacks from winnings on each slot.
To help you find the best volatility for slots, this article will take an in-depth look at the differences between those commonly found in casinos.
WHAT IS SLOT VARIANCE
You will often see low variance slots at online casinos that have a dedicated section for them. Others tend to promote the amazing payouts of their high variance slots, including progressive games, but are less likely to disclose the volatility index of these titles.
Some casinos may promote their slots in this way because volatility is a measure of risk among slots. Think of a roulette table and the corresponding bets you can make. You have black/red and odd/unpaired representing the lowest possible variants on the table. The average roulette variant consists of columns, tens and double streets. Straight, street, split and row bets make up the riskiest stakes in roulette.
Slot machines use the same principle when it comes to their volatility index. Through gameplay features and prize payouts, all physical and online slots vary in volatility throughout the casino. Your chances of getting a favorable return on your bet depend on the risk/reward ratio of the slot game.
SLOTS WITH HIGH VOLATILITY
A slot machine with a jackpot sign showing three sevens
When it comes to advertising games, high-volatility slots are a priority for casino operators and managers because these games create the most action. Why would marketers want such slots? These games have emptied patrons’ bank portfolios because of their incredible risk factors. The chances are high that you won’t see a return on your bet when you play these slots.
Why would anyone want to play high variance slots? Payouts on these games can reach legendary amounts, perhaps even surpassing national lottery prizes in some countries. Many of the most popular slots can have jackpots that reach $10 million because of their high variance.
It is important to note that more than half of the games with high volatility are not progressive slots. Muerto en Mictlan from Play’n Go illustrates this with its game feature. A bet multiplier of up to x4 can be triggered randomly when you get a match during the base game.
Once the bonus feature is triggered, you can choose from four different modes. Each has different scatter features, including sticky, expanding, scatter and moving scatters. Matching any scatters in one of the free spins can extend the bonus mode for five more free games.
MEDIUM VOLATILITY SLOTS
Slots with medium volatility offer the best of both worlds, where the risk and payout are in the medium range. You can expect a decent percentage of winning spins per hour of play. With medium variance, you’re also likely to get a good return on your bets.
It’s important to note that there are two types of medium variance slots. If you want one that will allow you to win a good percentage of winnings with a small payout, you can find medium-low variance slots on the casino floor. Medium-high slots increase the slot’s risk factors as well as the return on your bet.
Almost all slot features are available in medium variance versions. As shown in games like Pragmatic Play’s Chilli Heat, medium variance slots are feature-rich and have jackpot payouts. During free spins mode, all low-paying symbols are removed to provide higher payouts with each win.
You can win any of the three jackpots by having six money symbols to trigger the Money Respin Feature, which gives you three initial free spins. Each time the Money Symbol fills a space, you get three more free spins. Once the bonus mode is over, you get all the symbol money prizes, as well as the corresponding jackpot. Filling the entire reels will give you the Grande Jackpot prize.
SLOTS WITH LOW VOLATILITY
People are not risk-takers by nature, so when given a choice, they choose slots with lower rewards but lower risk. Low volatility slots have a low risk factor, where you are likely to win most of your spins within an hour of play. In return, you are likely to get a low return on your bets each time you win.
Low volatility slots tend to have fewer features than other titles. However, this does not mean that all low-volatility games are devoid of bonus mechanics. Kingdoms Rise: Forbidden Forest breaks the norm with its unusual reel structure, 576 ways to win and huge number of features.
Playtech Origins features include the Owl Respins mode, which features a sticky and moving wild symbol. Another feature is Kingdoms Rise Shop, in which you collect tokens during your spins. These tokens can be exchanged for various game features. On top of that, there are three different progressive jackpot prizes.
BEST VOLATILITY FOR SLOTS FOR YOU
It pays to know what your goals are in order to find the right slot machine volatility. Slots with high volatility are for both thrill seekers and those looking for huge returns, despite the likely depletion of their wallets.
Medium volatility slots are for anyone who wants to enjoy slots and expect decent returns. Given the risk factor, it will take some time before players use up all their money on these titles, making them a good time-killer for any tourist or visitor.
People who want to avoid exhausting their entire bankroll in a short period of time will enjoy slots with low volatility. Another reason to play these types of games is to meet the wagering requirements, which involves wagering the bonus several times on qualified games. With low-volatility slots, you are likely to reach the required bet amount without using too much of your bonus money.
Your risk preference, which you are willing to take, can help you find the best slot machine volatility rate. If you want to get the quintessential slot machine experience, slots with medium volatility are the best choice.