It’s difficult to talk about online casinos without bringing up slot machines and volatility level. This classic casino game has found its way to the online world in far more modern, unique, and entertaining ways than players could have imagined.
Players have virtually endless options, ranging from mobile slots to multipliers, multi-pay line slots, mega slots, and progressive slots. However, regardless of the type of slot machine that online casino players prefer to play, one important factor influences their decision: slot volatility.
The Volatility Level in Slot Machines
Volatility is a term used in online gambling to describe the risk of losing a bet. In other words, it indicates how rare or frequently players can expect to win, as well as how large or small the prizes will be.
The volatility of slot machines is divided into three categories: low, medium, and high. Slot games are available in a variety of risk levels on online casino platforms.
1. Low Volatility in Slot Machines
Low-variance slot games offer more chances to win, but the jackpots are small, ranging from 250 to 500 times the bet. They aren’t as exciting as machines with higher volatility, but many players prefer them because they offer more consistent payouts.
Low volatility machines also have other advantages, such as easier bankroll management, lower loss, and longer playtime. These games, on the other hand, lack the element of a large jackpot. When a person leaves the casino, he is not going to be rich.
2. Medium Volatility in Slot Machines
Medium-volatility online slot machines are a good middle ground between low- and high-volatility machines.
These games are a little frustrating to play, but they pay off with big wins. In addition, medium-variance slots frequently include a plethora of bonus features. They’re an excellent choice for those who want to have a good time while still winning a little money.
3. High Volatility in Slot Machines
Slot machines like Book of Ra with high volatility are the way to go for players who want to become millionaires or billionaires one day.
They’re also known as “high-risk” machines because they rarely pay out. However, once they do, lucky players can look forward to large jackpots. Users with large bankrolls who have the time and patience to chase after the jackpot prize prefer these slots.
Players can win 3,000-10,000 times their initial wager on high-variance machines.
How to Determine Volatility in Slot Machines?
Not everyone can afford to play a high-variance slot machine. Others are unmotivated by low-variance slot games as well.
Learning how to determine the volatility of slot machines is one way to ensure a rewarding online casino experience.
1. Play in The Game
The volatility of slot machines is not disclosed by most online casinos. It is up to the players to figure it out. Regrettably, this can take a number of rounds, ranging from 500 to 1,000 spins.
Experts recommend that you try out a free online slot game. The reason for this is that whether a player uses the free or premium version of a slot machine, the variance remains the same. Furthermore, demo versions eliminate the risk of spending real money.
2. Determine The RTP
The RTP (return to player rate) is a forecast of how much money gamblers can win. This is decided by the game’s creator.
Slot machines with a higher RTP have a better chance of winning, making them less volatile. Those with lower RTPs, on the other hand, are thought to be more volatile.
Players can choose the game that best suits their betting goals by determining the volatility of online slot machines.
3. Check The Intensity of Bonuses
Slot variance is higher in games with bonus features. Slot machines with a bonus that appears once every 500,000 spins, for example, are likely to pay out more than slot machines with a bonus that appears once every 50 or 100 spins.
Progressive slot machines, or those that allow players to contribute a portion of their bets to the jackpot’s growth, are more volatile.
Other factors, such as obstacles on the reels and pull-away money on those features, affect the variance of an online slot game, making it more difficult to hit.
In the end, that is the volatility level and how to determine it. Hopefully, you will get your luck in the games after reading this information.