Volatility and variance are two crucial concepts that casino players should be familiar with. They can help you understand your chances of winning in different games and the risks involved. In this guide, we will delve into these concepts and discover why they are so important for players.
What is Volatility and Variance?
In the context of casinos, volatility refers to the fluctuations in your winnings and losses over a specific period. If a game has high volatility, it means you may experience extended periods of losses but also have the chance to win big. On the other hand, a game with low volatility will provide more frequent but smaller wins.
Variance is a statistical indicator that shows how much your results in a game can deviate from the expected average results.
Understanding volatility and variance enables players to make more informed bets and choose slots that align with their gaming style and risk appetite. For instance, if a player prefers stable and frequent wins, they should opt for games with low volatility. If a player seeks excitement and is willing to take risks for a substantial win, high volatility games might be the best choice.
We also recommend that you familiarize yourself with one of the most important indicators when choosing slots:
ā¤ What is RTP in Casino Games
Exploring Volatility Levels:
Volatility in slots determines the frequency and size of payouts. It can be high, medium, or low. Let's break down each of these levels:
Low Volatility
Games with low volatility often yield small amounts. This means you can expect numerous small wins during your gameplay. These games are ideal for those who prefer extended playtime with lower risks of losing a significant amount.
Medium Volatility
Games with medium volatility offer a balanced experience between low and high volatility. You can anticipate moderate payouts at a relatively regular frequency. It's a good choice for those seeking a middle ground.
High Volatility
Games with high volatility may not pay out for a long time, but when they do, the amount can be substantial. These games are suitable for risk-taking players willing to risk their deposit in hopes of a large win.
The choice of a game with a specific volatility level depends on your gaming style and budget. If you prefer a safer gaming experience, go for low volatility slots. If you are ready to take the risk for a big win, high volatility games are your best choice.
Top Low Volatility Slots: Ideal for Beginners
ā¢ Starburst by NetEnt ā RTP 96.09 (link to the slot on the website)
ā¢ Blood Suckers by NetEnt ā RTP 98 (link to the slot on the website)
ā¢ Thunderstruck II by Microgaming ā RTP 96.65 (link to the slot on the website)
ā¢ Book of Dead by Play'n GO ā RTP 96.21 (link to the slot on the website)
ā¢ Gonzo's Quest by NetEnt ā RTP 95.97 (link to the slot on the website)
These slots are well-known for their low volatility, making them a perfect choice for players looking to enjoy the game without taking significant risks.
Popular Medium Volatility Slots: A Versatile Choice for Most
ā¢ Divine Fortune by NetEnt ā RTP 96.59% (link to the slot on the website)
ā¢ Grease by Playtech ā RTP 95.55% (link to the slot on the website)
ā¢ Hades Gigablox by Yggdrasil ā RTP 96.00% (link to the slot on the website)
ā¢ Sweet Bonanza by Pragmatic Play ā RTP 96.51 (link to the slot on the website)
ā¢ Wild Neon by Push Gaming ā RTP 96.53 (link to the slot on the website)
ā¢ Big Bad Wolf by Quickspin ā RTP 97.34% (link to the slot on the website)
This list is based on popularity and player reviews. However, keep in mind that player preferences may vary, and what's popular for one may not suit another. We recommend trying out several slots from the list to determine which one you like the most.
High Volatility Slots for Thrill-Seekers
ā¢ Money Train 4 by Relax Gaming ā RTP 96.1% (link to the slot on the website)
ā¢ Razor Returns by Push Gaming ā RTP 96.55% (link to the slot on the website)
ā¢ Sloth Tumble by Relax Gaming ā RTP 96.11% (link to the slot on the website)
ā¢ Dead Or Alive 2 by NetEnt ā RTP 96.82% (link to the slot on the website)
ā¢ Bonanza by Big Time Gaming ā RTP 96% (link to the slot on the website)
These slots are known for their high volatility, meaning they can offer substantial wins but also extended periods without wins. If you're willing to take the risk for a big jackpot, these slots may be precisely what you're looking for.
If you found this information interesting and helpful, we recommend reading:
ā¤ Reducing RTP in Online Casinos: What It Is and Why It Matters