When it comes to slots gaming, what is meant by “volatility”?
To put it in simple terms, volatility in real money online slots means the ratio of how often winning combos are formed. It is a sort of a risk instrument for the reason that it controls what bets you have and how much you win. The slot games volatility is often characterized into three different groups namely, high, medium and low; each of them has its definite disadvantage and advantage making the quest for the perfect volatility pretty difficult. Finally, it all depends on individual preference because there are different aspects we will have covered in the subsequent chapters.
Emphasize that the only important point is that volatility does not have to be the only criterion of the payout potential of the slot machine. Some more aspects to think about are Return to Player (RTP), betting limits, and prize structure. These factors cumulatively, determine slot’s win-rate.
Like the RTP value of a slot, theoretical volatility should be treated as an indicator, not as a clear quantitative parameter. Its ratings are derived from tracking the results from tens of thousands of turns which gives it a comprehensive score. It doesn’t tell you how many times you’ll win in a particular session.
For example, you could find that in low volatility slots you might go through a run of 50 spins without a win, whereas in high volatility slots you might get 10 wins out of 30 spins. In essence, anything can happen in one session only. Nevertheless, in the long run, you will discover that the trend is more on the side of either high or low volatility.
Slots with High Volatility
When you have categorized slots as having “high” volatility, then what it means is, they will pay-out less frequently and the total amount of payouts will be lower than in the comparison of medium and low volatility slots. This is the fact that sometimes you get massive wins while other times you have to play a long time before getting a ‘satisfying’ win, but overall the average value is higher. As a result, players may not be able to get savvy prizes frequently but when they try their luck chances are such prizes would be much bigger than the stakes set, with the chances of over 100% return due to effort placed. The list of high volatility slots is extensive, and you will encounter such titles as Big Bass Splash, Bonanza, Gold Blitz, Book of Dead, and Fluffy Favourites mentioned above.
Medium Volatility Slots
Medium volatility slots, which serve as a type of in-between category between the high and low categories, are built in a way that ensures reasonably constant size payouts. It is the home for a whole array of the best slots (slot machines) that game developers make because they know players in this trade are thrilled with the prospect of an equal risk-reward ratio. Generally, the players are willing to have a certain amount of thrill in their game but at the same time do not have to bear mind-numbing long periods waiting for payouts.
Note we’ll always that the gambling itself is always related to uncertainties. The first step in reciting the initial definition of volatility is to remind yourself that there is nothing to do but to work with statistical averages. Therefore, with medium volatility slot machines, you are likely to receive the moderate payment regularly, but it will not be too periodic also. Furthermore, slots can also be included in the “medium-high” or “medium-low” classification, in parallel with “medium”.
The infamous slots with medium volatility are the Fishin Frenzy and Big Catch, 9 Pots of Gold, Eye of Horus, Rainbow Riches, and Magic Jokers that can create a lot of fun for the players.
Low Volatility Slots
When a particular type of slot machines is categorized as having “low” volatility, it means that the average payouts of this type will be more often. Here, one can see an average payout frequency that is higher than those typically observed in medium and high volatility slots. For instance, a machine with low volatility will probably have a payout ratio of 70%, with a corresponding prize of 60% of a bet size. Assuming you stake £1 on a spin, the average win would be £0.60. Instead of that, the high variance slots might have the payout frequency of 40%, but the average prize would be 200% of the stake (e.g., a £1 bet is able to yield £2 average prize). Some of the most popular low volatility slots include Starburst, Age of the Gods: God of Storms, Clover Rollover Jackpot King, Fishin Frenzy Jackpot King, and Agent Jane Blonde Returns.
Choosing the Appropriate Volatility for Your Style of Play
Volatility, a concept you are already aware of, is what determines how often the slot machine theoretically pays out winnings on average, and how often the prizes will be paid out. Higher volatility separates the winnings for a longer time span, usually encouraging placing a bigger bet with higher risk. The payouts are actually very high if a player is lucky enough to win on a high-volatility slot. The opposite of high volatility is moderate volatility signals for more frequent wins, but that may come with a lesser amount of payout. . Identifying your preferred volatility level of play is based on the risk you can take or reward you can get. Although some can bring substantial wins in low volatile slots as well as some winning in high volatile slots, it is vital to take into account the structure of the game’s strategy. Games offering higher payment return and more expectancy time may bring to players far greater financial risk than those games offering small frequent payment return with reduced financial risk. Scientifically study and decide on the moves you will make in high-risk or low-risk games.
Effects of Volatility on Slot Payouts
The effect of volatility on your profits may not be clearly visible during a single gaming session or even after ten sessions. However, significant changes in winnings between low and high volatility slots is almost certain after a few sessions. While in the short term, I think that no consistent wins will be available and hence variation in their frequency as well as average payout size will be apparent. What risk appetite of volatility one has, whether it is constrained by circumstances and time or growing capital, are the factors to take into account when making a choice of volatility slots. Whether you tend to decipher the high-risk or low-risk strategies, as well as whether you are more in favor of huge single payouts or frequent small ones could be different from the preferences of other people. There is no abracadabra remedy. The real essence includes appropriating the idea of the character of volatility itself and how it is relevant to casino games. Equipped with skills, you will turn into a person who is empowered to make solutions based decisions and be flexible/adaptable, thus will be not only well-prepared beforehand but likely will be able to adjust your behavior as needed.
