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Slot Volatility Explained



Slot volatility refers to the risk associated with the game. In most cases, the volatility of slots shows how frequently the casino game will payout or when you can win.

High Volatility Slots

Firstly, you need to be acquainted with several slot elements if you want to understand slot machine volatility calculations fully.

In most cases, you will find that a list of high volatility slot machines is usually games with big wins, which can be achieved quickly. Low volatility slots, on the other hand, come with smaller wins. Three elements are associated with volatility in slots. These include the game’s level of risk, the amount paid out, and the frequency of the payouts.

Our experts have compiled this guide to help you find slots by their volatility. Moreover, you will be able to find out which volatility is best suitable for your playing style. The essence of finding the right slot for you depends on your playing style, budgeting as well as personal preference.

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What Does Volatility of Slots Mean?

As we have already mentioned, slot volatility refers to the level of risk involved in the game. The frequency of the payouts, as well as the amount that will be paid out. The same can be said about the variance, which also determines the behavior of an online slot game. What this simply means is that you will be able to tell if the slot is a low-risk game or if it’s a high-risk game.

Also referred to as variance, volatility metrics will give you a clear indication of how much you will lose or win when you play slot games. Additionally, you will be better positioned to choose the best slot machines.

Therefore, if you have a smaller budget, you should opt for the least volatile slot machines. By this, you will encounter fewer risks while extending your gameplay with frequent but small wins.

Equally, if you have a bigger budget and are willing to take risks, you have to opt for high volatility slot machines. Moreover, you can choose to play medium volatility slots. These slots provide a decent number of wins, but they are at a less frequent pace.

Slot Volatility

Slot Volatility List

There are several games that you can have access to at the best casinos. Furthermore, you will find different categories of this concept. Below you will find a detailed slot machine volatility category list:

High Volatility Slot Games

Although there are fewer payouts when you play high volatility games, when you do win, the payouts are worth it. These slot machines are more suited for players who enjoy taking risks. Furthermore, the games are accompanied by an RTP that is way above 96%. This also shows that the game offers thrilling gameplay and is fair. You can boost your bankroll using the lucrative bonus offers. To fully immerse yourself in high variance slots, you need to have the right mindset and budget. However, there is a downside.  In most cases, some players may lose more money when they play high variance slot machines.

Medium-High Volatility Slot

This is one of the most common subcategories with relatively high and frequent wins. They are regarded as more high than they are medium volatility slots. Medium-high volatility slots are more fun to play, and they come with more wins.

Medium Volatility in Slots

Medium variance slots give you a bit of both worlds. It is one of the most popular categories offering the best of both low and high volatility slots. Compared to high volatility slots, medium volatility slots frequent but smaller payouts.

And unlike low variance slot machines, you will receive a much higher value payout. Additionally, the games offer tons of bonus features. With the right budget, you can play medium volatility slots for a longer time. Another interesting factor is that the value of the jackpot is much higher.

Low-Medium Slots

The win combinations in low, medium slots is lower, and you will have more frequent payouts compared to medium volatility slot games. However, these slot machines are just as exciting and fun. With the right budget, you will be able to enjoy exciting and long gameplay.

Low Volatility Slot Machines

Low variance slots are quite the opposite to high variance games in that the former offers lower value payouts at a faster pace. Moreover, low volatility slots are popular amongst beginner players because they offer low value winning combinations. Getting bigger wins rare but it is possible. However, it is nothing compared to high variance slots. Low variance slots are not only exciting, they are also fast-paced. These are more suitable for players who are interested in the fun of the game rather than risk.

Slot Machine Volatility Calculation

The theory is that if you know the value attributed to the slot, the odds, and the frequency of symbol combinations, you will be best positioned to calculate slot machine variance. However, the truth is that you will need to employ some complicated mathematical equations if you want to get the same volatility of slots.

Most game developers do not openly display their volatility index rating. However, you can use the official PAR (Program Accounting Report) to find this information. Additionally, some casinos will have a paytable, which in most cases, will indicate the volatility of the game.