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Volatility in games, also referred to as dispersion or variance, refers to how much risk is inherent to a particular game when playing for a given period. The volatility of a game can be used as an indicator of the frequency that a game does pay out. Some games offer frequent payouts that are rather minimal and have limited amounts of large payouts, while other games take longer periods of time to pay out but issue handsome and impressive lump sums. Players often refer to these statistics to select games that offer high chances of winning large and impressive payouts.
Volatility in slots
The term volatility in regards to a slot machine is a word used to describe how frequently a slot machine pays out and how big the payouts are. Volatility is one of the metrics used by gamblers to establish how a game or a slot machine works.
In short, volatility or variance, tells the players about the risks they are subjecting themselves to by choosing to play a particular game over another.
Determining the Volatility of a Slot
Game developers try to express high levels of transparency in their games return rates but never really tell the public the truth about the games’ volatility. This has to be learned the hard way; through experience. Spending much time playing on a single slot machine and paying extra attention to the various features helps in establishing the machines volatility. The information is then passed on to fellow gamblers in the fraternity.
Players are advised to play the games for free, on demo mode offered by most casinos, before committing their money.
High Volatility Games
High volatility slots are the slots with a large difference between the minimum and maximum win amounts. The higher the volatility, the higher the risk. The payouts are larger but fewer and farther between. The bigger the jackpots or prizes promised, the higher the volatility expected.
High volatility slots are the riskiest to play as the player might go for very long periods without hitting the right combination for any significant payout. However, these same slots still have a very high Return To Player (RTP). Meaning to the patient players who have enough money to keep spinning even after playing for long periods without substantial returns, there is a chance of hitting an enormous winning combination or a free spins bonus feature, that will result in a massive payout that might be up to 100000 times of the initial investment amount.
High volatile games are therefore to be played with a long-term sight since one win can rake up amounts that will compensate for the time and resources spent on the slot. These slots are favorites to players who prefer games that offer better chances for massive payouts.
Examples of High Volatility Slots
Immortal Romance by Microgaming
One of the most popular online game with 243 lines to win and offers four different and unique bonus features to which players progress when triggering the free spin feature.
300 Shields by Nextgen
One of the most volatile games where players are cautioned on the size of their bets.
The game can give payouts of more than 3000 times from the 300 times multiplier at the fourth stage, which is the last stage, of its bonus feature.
Rumpel Wildspins by Novomatic
A video slot game based on a fairy tale, which has stacked sticky wilds. The game has potential in the 20 paylines which can be very profitable. It is a highly volatile game with one of the most exciting bonus features on the slots, for example when a lot of wild symbols fall on the reels and remain there to the end of the bonus feature.
Dead or Alive by NetEnt
A classic slot with nine lines that has an incredible potential of up to 1000 times. This is one of the few NetEnt slots with such a possibility. The potential is usually in the free spins feature as the usual spins are always dull. If a player hits a wild symbol on all five reels, they get five wild spins which can quickly generate 3000 to 4000 times and more.
Low Volatility Games
Low volatility slots are slots where there is not a big difference between the minimum and maximum win amounts. They produce lots of frequent mid-sized payouts that mostly don’t deviate from the set RTP. Due to this aspect, low volatile slots are considered low in risk, making them perfect for rookies who are trying to learn how to play slots or test a new slot.
Players should not expect huge wins but subsequently will not have to worry about long periods of playing and using money without winning.
Nevertheless, that does not necessarily imply that there are no chances of cashing in significant amounts since some of these slots have lucrative free spins bonus features that will not come around quickly and frequently but can give up to 100 times of the bet.
Examples of Low Volatile Slots
Well of wonders by ThunderKick
A game with a winning frequency of about 37% meaning players can expect to win more than a third of the time.
Thunderstruck II by Microgaming
The original game was a high volatile game but the second version came out as a low variance, high paying game as players can choose from four bonus features.
Simsalabim by NetEnt
A high RTP magic-themed game that has the potential to produce sizeable jackpots, from two major features that can give big wins.
Bar Bar Black Sheep by Microgaming
The five reel version of the game gives frequent wins and can issue bonus features on a more regular basis from two major features.
Slots are played by many people around the globe and although the subject of strategy in slots is debatable, there are some tips and tricks that will definitely better your chances of winning.
STICK TO YOUR BUDGET
This is one of the easiest and best strategies. Choose slot machines that suits your bankroll and budget because the higher your bets are in comparison to your budget, the quicker you bankroll will be depleted. It is sad but true that many players gets burnt out early because they become arrogant and take unnecessary risks.
BET MAXIMUM BUT DON’T BANKRUPT YOURSELF
When playing slots, there are only two decisions you need to make:
- The worth of the coin
- The amount of coins you bet
Most players think that a coin that is worth $1 is the same as 4 coins that is worth $0.25. Although it makes mathematical sense, you will have a better chance of winning when you bet 4 x $0.025 because you’ve then physically multiplied your odds.
Most multi-line/multi-coin slots are straight multipliers. This means that there is no bonus for playing more coins so the number of coins betted on a line and the number of lines played do not effect the pay-back. So, this means that if you spread out your bets over more pay-lines you introduce more ways to win a portion of your bet. The more pay lines you play the lower the volatility and that means the better your chances of winning.
There are not many things more glorious than having a winner. Whether it’s the roulette ball landing on your number, the blackjack dealer turning over a ten for them to bust or your horse winning in a photo finish like Tiger Roll in the Grand National.
How to win on online casinos
You’re showing discipline, your head’s ruling your heart and you’re betting within your means. It’s a test of your nerve and judgement and being proved right is something nobody can take away from you. Almost as good as the win is the excitement and adrenaline you get as you hope for the result to go your way, like those stomach churning seconds before the rollercoaster goes over the top.
In the casino you have the intake of breath and the silent prayer to the gambling gods in the brief time it takes for your roulette or blackjack bet to come in. At the bookmakers you have the wait and anticipation until your race goes off and the hope that your horse gets a good start, jumps well and stays the course. An exquisite mix of pleasure and pain, and that’s before you get to the financial benefits!
Bet small, Win big
A win is a win no matter what the size so take pride in your victory. Yes they can be life changing for some but you can still take pleasure from more modest victories, such as getting a takeaway for the family or a night out with friends, all without spending a penny of your own cash! The big win is more elusive but it happens to someone every day so why not you?
It’s possible that your favourite roulette number could come in a few times in a row, all the teams in your accumulator could win at the weekend or you could predict the first 3 in the next at Aintree. The stakes don’t need to be high. These things do happen and as you watch your blood will be pumping and your stomach fluttering as you work out in your head what you’re going to spend your profits on!
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