Let us first understand what are high variance slots and eventually, we will discuss how it is different from the ones in which slots have got medium and low variances.
Here we will be using terms like volatility and variance interchangeably. So before starting, let us define these terms for you. Volatility and variance are synonymous terms employed by veteran casino players but have different meanings within the outside world. Volatility is usually utilized in finance when discussing risks involved with stocks and other financial instruments, while variance may be a term employed by Poker players and, very recently, online slots games.
Both technical terms tell the danger of thinking about slot games and provide players with what to expect in terms of the prize and winning combinations while playing. It’s the frequency and amount of winnings and, therefore, the risks involved when playing this game.
To begin with, the different types of variances of slots, let’s first understand what is slot volatility.
Slot volatility is the risk factor related to slot machine games. It represents how frequently and how much you’ll expect to win. Volatility is a factor that determines your winnings within a short period. It’s aligned with the return-to-player rate, which calculates the share of total bets paid back to players during a long-term period.
| Variance | Win Frequency | Win Sizes | Comments |
| High | Rare | Big | High Risk And High Rewards |
| Medium | Average | Average | Average Risk And Average Rewards |
| Low | Frequent | Small | Low Risk And Low Rewards |
As it is a bit clear from the above table the differences in various types of slot machines. We will now discuss these a bit briefly in the below section.
High volatility games feature less frequent winning combinations but the higher prize. Likewise, games that give regular small wins with fewer pay lines are mentioned as low volatility games. And on the other hand, the slot machines with the average risk factor involved also come with an average prize amount known as medium volatility slots. Whether land-based or online, volatility determines the chances of getting a jackpot, the prize, and every one of the risks involved within the game.
A further understanding of high variance slots
Usually, it has been seen that gamblers are not much bothered in terms of understanding variances of slot machines in online casinos, unlike online blackjack or online roulette. Rather they go for the slots that are more appealing in terms of its theme, graphics, and minimum bet. To gamble better, one should choose slots in a better way.
A deep understanding of online slot variances is very important if you want to make the most out of the game, as it will help you to understand the payout of a slot machine. Return to player percentage is something different from slot variances.RTP defines the amount a slot pays back over a large number of spins, while variance is something that defines the payout ratio of a slot machine. Often high variance slots will have the same RTP value as low and medium-sized volatility slots.
The pros and cons of high variance slots
What draws numerous players to high variance slot machines is the fact that they will disburse huge dividends. Winning combinations don’t happen too often, but once they do, it’s usually an outsized amount to form up for many of the previous, losing spins. If you retain playing, though, the RTP will eventually wipe your bankroll clean.
High variance slots aren’t recommended for casual players with small bankrolls in a live casino. It can take quite a little bit of play to strike a large size payout. If you’re only looking to spend around $50, you’re more likely to break down all before a large payout occurs. The game is best for giant gamble whales with high hopes and additional cash to spare.
The biggest visible difference between high and low variance slots are going to be the number of pay lines and the value of the paytable. If there are 3-15 lines, and therefore the combinations pay better than the per-line bet size, you’ll expect a high variance.
Are high variance slots bad always?
Now seeing the fact of the high risk involved in high variance slots, it’s quite natural to come to a player’s mind whether high variance slots are bad things to go for. To answer that, it can be said that if you’re the sort who isn’t worried about the danger of the loss and is more concerned about trying to attain an enormous jackpot, the high variance is often a plus. After all, high variance online slots games are likely to possess more of their overall payback concentrated within the highest-paying winning spins.
The only time when the high variance slots become a negative is that if you’re hoping to play an extended session on a little bankroll. In that case, you ought to be trying to find a low-variance game, needless to say.
Does low volatility slot payout less?
If you are not a high roller but still looking for slot games and mobile casinos, will you be expecting a low payout if choosing low volatility slots? At identical Return to player, a low-volatility slot can pay small payouts but far more frequently. Because a low volatility slot game may lack bonus features, it’ll structure the RTP with small, frequent wins.
Low variance games will award small winning amounts more frequently. Although the prize amount won’t be substantial, it can still stretch your bankroll and permit you to play over a more extended period.
How much can be won from high variance slots?
High Variance slots allow you to win the maximum amount as 10,000 times the quantity of your initial bet. Counting on your bet value, the bonus rounds can multiply your money until you hit the predetermined marker. Multipliers are scattered throughout the sport in bonus games, x2 gamble games, free spins, re-spins, scatters, and wild cards.
To end the discussion, it can be hoped that the above information is useful in your understanding of varied slots gameplay. We want to make sure that you simply are well equipped to handle the online slots responsibly. Remember, always gamble responsibly, and play games with techniques and plans.