Are you confused what volatility is considered high? Well, volatility (also known as variance) is a metric that indicates how likely a slot is to hit a winning combination and, as a result, the average payout size.
Slot volatility (also referred as slot variance) is a metric that measures a slot’s odds of winning combination and, as a result, its average payout size. To get more information about this volatility, keep reading!.
What Is Slot Volatility?
The risk factor linked with slot games is called slot volatility. It represents the likelihood of winning and the amount of money you can expect to win.
In addition, volatility is a thing that decides your short-term winnings. It’s based on the return-to-player rate (RTP), which calculates the percentage of total bets returned to players over time.
High-volatility games have fewer winning combinations but pay out more money. Low volatility games, on the other hand, are those that have a lot of small wins and fewer pay lines.
Volatility determines the odds of winning a jackpot, the prize money, and all the risks involved in the game, whether it is played on land or online.
Slot volatility disclosure is not required or always publicly available, despite the fact that it is an important factor to consider when playing slot games. Some casinos display a volatility rating of 1-5 at the most. When you choose 3-star volatility, you’re likely to take medium to medium-high risks.
Playing a few games, on the other hand, will reveal a game’s volatility. Checking the paytable is another option. High variance games are likely to offer large payouts because they are unlikely to pay out that much every few spins.
Despite slot volatility or variance, a player’s preference and the amount of money he has to spend still determine which slot game to play.
What Volatility is Considered High?
High-volatility slot machines are the riskiest to play, but they also offer the most lucrative payouts. This level of risk is unsuitable for players with limited funds or who aren’t naturally risk-takers.
When slot games do show winning combinations, they are usually massive, similar to lottery games. For these types of games, you’ll need a lot of money and be prepared to spin a lot of times before hitting a winning combination.
High-volatility slots are ideal for players with a larger bankroll and a willingness to take risks. These players are known for placing large bets per spin and waiting for the infrequent big wins.
Here are a few high-variance games to keep an eye on:
1. Gold Rush Slot
Gold Rush slot can be played for as little as $0.25 per bet or as much as $125 per bet, catering to both low- and high-rollers.
The game has a 96.5 percent RTP, but due to its high volatility, landing three scatter symbols may take some time. When players land five gold miner symbols on the highest possible bet, the maximum payout of this slot is $2,500.
The payouts for the other mine-themed symbols are also decent, though the frequency of hits is low.
This game is highly regarded, particularly the bonus round in which you must obtain G O L D’s letters in order to activate it. There are 117,649 winning collections in the bonus game, which also includes free spins, re-spins, and bonus rounds.
After each consecutive win, the multiplier value rises by one. The multipliers have no upper limit, implying a massive payout when the bonus round is triggered.
3. Book of Dead
There are free spins, scatters, wilds, and expanding symbols in this game. The bonus round in this game has a maximum payout of 50,000 times your bet.
Then, that is about what volatility is considered high. Now you can try to play those three games to clear your understanding about slot machines.