After we discussed where you can find an RTP slot, now we will explain to you what is volatility level on slot machines. People believe there is no strategy when it comes to online slots, however, that couldn’t be further from the truth.
Yes, it doesn’t take any specific skill to play online slot machines at the best e-wallet Casino Malaysia. That is part of their attraction, where anyone can place a bet and spin the reels. However, there is no one area where you can be strategic, and that is where volatility will come in.
By knowing volatility of a specific slot, you can get an idea of what your gaming journey is going to be like, and the kind of bankroll you will need to win the game. So, keep on reading to find out all you need to know about the volatility slot.
What is Volatility Level on Slot Machines Actually?
So, what is volatility level on slot machines? Volatility, also known as variance, is a term that is used in all gambling activities (table games, roulette, types of poker, and slot machines). A game’s volatility will inform you of the risk of losing a bet.
In other words, it is an indication of how often you can expect to win (hit frequency) and how big or small you can expect the winnings to be (payout ratio). In slot machines, volatility is categorized by three types: high, medium, and low (we will discuss below).
Types of Volatility in Slot Machine
Drilling down into what is volatility level on slot machines in more detail, it is a proof that there are 3 main categories of slot: high, medium, and high. To help you understand more about this term, look at below.
1. High Volatility Slots
A high volatility slot has a low payout frequency. It means the payout hits less often than they do for medium and low volatility. The main point to lower payout frequencies is, once you hit a winning, the average value doesn’t payout frequently.
However, when they do, the winnings are generally bigger than your bet (even more than 100% return). If you are curious to take part in high volatility slots, here are some of games than you can play after figuring out what is volatility level on slot machines:
- Big Bass Splash
- Book of Dead
- Gold Blitz
- Fluffy Favourites
- Bonanza
2. Medium Volatility Slots
To give you more idea about what is volatility level on slot machines, medium volatility slots sit in between high and low categories. It means, you will get a standard of medium-sized payouts. Many of the best volatility slots fall into this category as the developers know that most players want a balance between risk and potential winnings.
In other words, players like a specific amount of anticipation, however, they don’t want to wait too long for payouts to hit. Yes, there are never any varieties in casino gaming.
Therefore, with medium volatility slots, you can expect mid-sized payouts on a regular basis. One final thing to remember is that slot machines can be categorized as “medium-low” or “medium-high” as well as “medium. Here are some of the most popular medium volatility online slots that you can play:
- 9 Pots of Gold
- Fishin Frenzy the Big Catch
- Eye of Horus
- Magic JokersRainbow Riches
3. Low Volatility Slots
The next explanation about what is volatility level on slot machines, a low volatility slot has a high payout frequency. It means the payout hits more frequently than they do for medium and high volatility slots. The average value of the payout is lower than it is in higher volatility slot games.
For instance, a low volatility slot may have an average payout frequency of 70%. The average winning may be worth 60% of your bet size. If you bet $1, the average winning will be worth $0.60.
Meanwhile, a high volatility game may have a payout frequency 40%, however, the average winning is 200% of your bet size ($1 bet = $2 average winning). After knowing what is volatility level on slot machines, some of the most popular low volatility slots that you can play with small bet size are:
- Starburst
- Clover Rollover 2
- Age of the Gods: God of Storms
- Agent Jane Blonde Returns
- Fishin Frenzy Jackpot King
How to Determine the Right Slot Volatility?
As you know what is volatility level on slot machines, the levels vary depending on your preferences and gaming style. These following factors should guide you when determining the right volatility level:
The Bankroll
A high volatility slot is best if you have more significant money to spend on bets. It offers high payout with low chances of hitting a win. The probability of going home bankrupt is also high.
However, if you have a limited bankroll, a lower volatility level is a better idea. It offers a high chance of hitting small winnings. Or, you can try a medium volatility slot if you have enough bankroll.
The Risks
Besides what is volatility level on slot machines, the amount of risk is important to consider. High volatility is the right choice for players who can place a bet with the higher amounts. If you don’t want to take the risks, you can play low volatility games. You can also consider a medium volatility slot if you can take small risks.
The Winnings
How much you want to win on a bet can determine your right slot volatility level. As you know from the definition about what is volatility, a low volatility is best when you want to hit small but consistent winnings.
A medium volatility bet is the right game if you want a proportional winning: loss ratio. For the bigger winnings that may take time, you can choose a high-volatility slot.
Conclusion
By knowing what is volatility level on slot machines, you can get the idea that it is the amount of risk that applies to all gambling activities. You can decide whether to play on a high, medium, or low volatility slot based on your preferences. Try your best slot games at the most reputable online gambling that is licensed by PAGCOR license online gaming.
