Volatility – What is it?

Volatility

Variance and volatility are two statistical terms used interchangeably that point to the average between wins and spins. Roughly speaking, these terms refer to a characteristic present in all slot machines, which indicates the level of risk of any game of chance. In other words, what determines the pace and excitement a slot machine can generate is nothing more and nothing less than its volatility. 

This factor is very important for understanding the type of dynamics of a slot machine, as it determines the interaction between the times you bet and the times you win prizes. In other words, the higher the volatility, the greater the amount of prizes and the greater the number of spins required to get a reward.

Levels in the volatility of a slot machine

Volatility is presented in a scale of levels that will depend on the correlation between the regularity and the size of the payouts of each slot machine. Below, we show the three levels of volatility generally used to categorise slot machines. You can find games with these three types of volatility in the slots available on the website, by clicking on the ‘Casino’ tab and then on the ‘Slots’ tab. 

High Volatility Slots

Volatility Slots

These types of slots offer considerably bigger prizes than the rest: they arrive when you least expect them and are awarded from time to time. To play these slots, whenever possible, you need unlimited funds so you can extend your session for as long as necessary to get the winnings. The RTP (return to player) can be between 92 and 94%.

Slot Machines with Medium Volatility

This type of slot machine is in an intermediate position since the prizes are not very high but they are quite frequent. The RTP percentages are very acceptable, between 95% and 96%. They are the perfect combination between the relatively low risk of low volatility games and a potential to win prizes close to that of high volatility slots.

Low Volatility Slot Machines

Slots

Low Volatility Slot Machines are generally video slots, classic slots and 3D slots, having a low risk in the short term. Therefore they are the slots that pay out small amounts every few spins and their RTP is above 96.5%. They are the perfect style of slots for those who don’t like to wait to see results.

Now all that’s left is to choose a slot machine that suits your taste and needs and bet with real money to turn those winnings into reality. Visit online casino today and check out all the slots we have to offer. In our blog, you will find numerous reviews to know the stories behind each one of these games and live an even more interesting experience. We are waiting for you!

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