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.