What is Volatility in slot machines? Meaning, Types, Jackpot? Read all about it here.

[Sumit]

For many people, gambling lies in the thirst for thrills and the opportunity to hit the jackpot while sitting at home in the kitchen, or even lying on the couch. Every day, a huge number of gamblers gather in front of computer monitors, dreaming of winning thousands of euros from a bet of a few euros. Such a chance falls once in a million. When choosing a slot machine, online gambling fans pay attention to the theme of the game and its design, bonus rounds, jackpot size and RTP value, but often forget about such a parameter as volatility.

Volatility in slots: What is it and how does it affect winnings?

As a result, some slots have high volatility while others have low volatility. Many are not afraid of long periods of loss in the form of dozens of losing spins (or with minimal payouts), but not every gambler can afford such a loss. You may have already guessed what volatility is and how it affects online casino winnings. The term "volatility" refers to the "behavior of the slot machine" in relation to the payout frequency and the corresponding level of risk. In other words, the volatility level of the slot allows the player to understand how often and in what volume his winnings will be displayed on the computer screen (smartphone, tablet). It will be small, but frequent payments, or solid, but very rare returns.

How to determine the volatility of online slots

Like Return to Player( Click here to know about RTP ) , volatility is a statistic that is calculated based on the results of millions of spins of the reels of a particular slot. Both options provide financial information, but do not guarantee a specific amount of winnings. It is very important to note that the level of volatility of slot machines offered on the Internet (and even in land-based casinos) is determined by their developers - the owners of gambling sites cannot influence this volatility.

Slot machine volatility levels

And so, in terms of volatility, absolutely all slots available on the Internet are divided into three categories:

• with a high level of volatility;
• with an average level of volatility;
• with low volatility.

Which slots are more profitable to play, with high or low volatility? Or maybe with an average? Knowing the answers to these questions will help you quickly and efficiently select a game to your liking and budget. 

Let's look at each group of games in more detail, because they have many differences, pros and cons.

High volatility slots: 

By choosing a slot with such a parameter, a gambler can count on good money, but prize combinations will please the eye quite rarely.Would you like to double or triple your bet? How about hitting the jackpot? This dream can turn into reality if you play high volatility slots. However, you should be keep in mind that high-volatility slot machines are not suitable for everyone.

=> What type of players are suitable?
Slot machines from this category can become a gateway to financial paradise for high rollers - gamblers with a solid supply of money, who love risk and emotions at the highest level. Such users, as a rule, play the game at the highest rates, not being afraid to spend the entire amount (with which they entered the game) to the last penny.

=> Pros of high volatile slots:

• You can get a dose of adrenaline and vivid impressions from the session of the game.
• Suitable for players who are ready to suffer significant financial losses.
• One big hit can make it much easier to meet the bonus wagering requirements.

=> Cons of high volatile slots:

• Rarely give out prize combinations. 
• For a comfortable session, you need to have a large bankroll.

Medium volatility slots: 

Playing in an online casino does not have to be always profitable and full of adrenaline to please the player and give him the feeling of a good time. Even relatively frequent wins of medium size can significantly improve your financial situation. This is just typical for medium volatility slots. With an average level of risk, significant financial losses and unnecessary stress can be avoided.  As a result, both sides will benefit: both the client and the casino.

=> What type of players are suitable?
Gambling, which has medium volatility, is a great choice for people who prefer to get ahead in a safer way. A large bankroll is not required, but be prepared to settle for not too big winnings.

=> Pros of medium volatile slots:

• Fairly frequent wins of medium size.
• The best option for both gamblers and online casinos in terms of making a profit.
• Great for wagering bonus money, as the player is more likely to complete the session without too much risk. 

=> Cons of medium volatile slots:

• Average volatility gives a false sense of security.

Low volatility slots: 

A large percentage of gamblers have a limited budget for online casino games. Therefore, in order to squeeze out the maximum pleasure, but at the same time get more chances for a big win, you need to properly manage your capital. One way to extend the life of your deposit is to spin the reels of low volatile slots. The spins will often be profitable, but the payouts in such games are usually small (compared to your stake).

=> What type of players are suitable?
If you just want to have fun without spending too much money, then feel free to choose slots with low volatility. They are not very risky, and therefore will not allow you to quickly lower your bankroll? Also, low volatile games are often recommended for beginners. Beginning gamblers should not chase jackpots and put their capital at risk at the very beginning of their “career”.

=> Pros of low volatile slots:

• Ideal for beginners and budget players.
• Low risk.
• Small but frequent payouts.

=> Cons of low volatile slots:

• The winnings will rarely exceed the amount of the bet.

How to find out the volatility of a slot machine?

Unlike the theoretical payout ratio, better known as RTP, casino game developers do not always indicate the level of volatility of their products on the official website or in the information section of the slot itself.

There are several ways to determine how volatile a particular machine is, and I will be happy to tell you exactly how to find out this information.

• Carefully read the paytable and the value of each symbol. Slots where the most valuable symbols (usually wilds) bring solid payouts are highly volatile. Conversely, low-risk slots rarely give out a reward that exceeds the original bet.
• Select games according to the level of volatility in an online casino, if such an option is available on the site.
• Play and make a verdict based on personal experience.
• Pay attention to the presence of a jackpot - this is a sign of a very unstable game, that is, with a high level of volatility.
• Test games in demo mode before playing them for real money.
• Ask in online forums and follow blogs about gambling.
• Read reviews of slot machines on our Forum.

General tips from ALPHAGAMBLERS:

To prepare for a gaming session on a machine with any volatility, follow the recommendations from the ALPHAGAMBLERS team. Here are some helpful tips:

• Be realistic about your budget.
• Experienced gamblers know that if there is an amount on the balance that does not cover the cost of at least 100 spins in a slot with high volatility, it makes no sense to start playing and risk losing funds.
• Set aside enough time for the game.
• At high and medium volatility levels, players often drill for a long time on the computer monitor, waiting for at least some good win from the stot machine, so keep in mind that your gaming sessions can last for hours.
• Do not expect mountains of gold - no one promised you them!
• Casino gambling is based on luck and whether the player is lucky or not. You cannot directly influence your winnings and the frequency of formation of prize lines, so just play for fun, unless, of course, the budget allows such a luxury.
• You have to keep patience and nerves of steel.
• There can be really many losing spins during the game, and only a few hits in the prize combination. Watching your balance melt away is not easy, we understand, but try to remain calm.
• The chain of unprofitable spins will break sooner or later, and you will be covered with a cosmic win. Just one successful spin can more than compensate for all the sadness of previous losses.

Conclusion:

At first glance, it may seem that slot machines in online casinos are almost the same, but in reality this is not the case – there are differences, they are just not immediately visible. It is extremely important to learn all the nuances of the game before placing real bets. Volatility is one of the most powerful statistical indicator of the gameplay. It tells how often the machine will generate winnings, and in what size: large or small rewards? The higher the volatility, the more profitable the machine, which means that you need to run it if you are aiming to hit the jackpot. If your budget is limited, then it is better to pay attention to the least risky slots.

Edited August 26, 2022 by Sumit

[danielt]

great content

[Garf79]

🙂

 

[Sumit]

15 minutes ago, Garf79 said:

🙂

 

🙏🏼🙏🏼