What is Volatility in Slots? Slot Volatility Explained

What does Volatility mean in Slots What does Volatility mean in Slots

Understanding Slot Volatility 

If you’re curious about slot machine volatility, think of it as the heartbeat of your gameplay. It determines not only how frequently you hit those exciting wins but also the size of the rewards. 

The truth is that many players are unfamiliar with the concept of volatility, or in other words, variance. Even those who have heard of it might not have a clear understanding of its impact on the gaming experience. So, whether you’re a novice seeking frequent wins or a seasoned gambler chasing large jackpots, understanding volatility can guide you in selecting the ideal game for your preferences.

Let’s break down the concept that affects the risk level and the payout patterns. For instance, high-volatility slot games offer large wins but not frequently, while low-volatility slot games offer smaller but frequent payouts. The medium-volatility slot games, on the other hand, strike a balance offering a mix of both frequency and payout size. 

Knowing this measurement and game factor can help you manage your bankroll and choose what’s right for you. It is important to keep in mind, though, that any online slot game can have its winning or losing streaks, regardless of its variance level.

Stick around as we dive into the different types of variance you might encounter here at Campeonbet! 

Types of Slot Machine Volatility 

Are you eager to explore the different types of volatility and the incredible rewards that await you? When you step into the vibrant world of online casino, understanding slot machine volatility is key to amplifying your gaming experience. Knowing the key differences among the different types can increase your chances of winnings. Online slot machines can typically be divided into three levels of variance: high, medium, and low.

Each level provides a different balance between win frequency and the amount of your winnings. Knowing what each level entails can help you select the right slot machine for your playstyle and budget. In short, you can choose big wins but not often, smaller winning amounts but frequently, or a more steady risk factor with balanced payout frequency. Time to explore each category separately. 

Low Volatility Slots 

If you are the type of player who fancies the idea of frequent payouts that can keep your excitement up and your bankroll steady, low volatility slots are the perfect option. Every spin becomes thrilling thanks to the frequent rewards, but in smaller amounts.

This category offers players minimal risk, and it’s ideal for those who prefer to maximize their playtime without worrying about any sudden significant losses. In comparison to the following categories on this one, the goal is mostly the entertainment and the frequency of winning smaller amounts. Although the rewards might be smaller, they come more regularly, giving you the feeling of winning often.

At Campeonbet, you can check out our updated list of the best low volatility slots: 

  • Starburst  
  • 15 Coins 
  • Star Joker 
  • Wild Scarabs 
  • Sherlock

Medium Volatility Slots 

If you are looking for a balance between frequent wins and the potential for big rewards, then medium volatility slots are what you need. As their name suggests, this type offers the ideal middle ground, combining a steady flow of small wins with occasional bigger payouts to keep the excitement high.

This balance is what makes medium volatility slots so appealing to the online gaming community, as players get to enjoy playing them no matter what their tastes are. These games are also considered the most common type of casino games, making them very easy to find.

If you enjoy a bit of risk but don’t wish to stay too long for a potentially decent win, then these games deliver the amount that is “just right”. Medium volatility slots also offer longer sessions. This can be ideal for players with a more moderate bankroll, as they can enjoy a balanced gaming experience, without draining their bankroll too early.

Here at Campeonbet, we have prepared a list of the best medium volatility slots that you can find in our wide selection of online games: 

  • Big Bass Bonanza
  • Fortune Tiger
  • Sweet Bonanza
  • Rise of Olympus
  • Hot Slot: 777 Coins

High Volatility Slots 

If you are the kind of player that seeks life-changing wins and believes that patience is a virtue, then high volatility slots are your perfect match. Unlike the previous variance types, these games are all about massive rewards and higher risk levels. That is why they are often referred to as higher-risk, as they tend to go on long runs without winning.

High volatility slots are characterized by their unpredictability and their potential to pay out big winnings. This makes them ideal for risk-takers, who are ready to withstand the longer dry spells in exchange for that one possibility of a huge payout. Keeping in mind the need of wise bankroll management, these games are also suited for players with a larger bankroll.

To make the experience of high volatility slots even more appealing, players can also enjoy a series of rewarding features, such as bonus rounds, free spins, and symbols that can trigger even bigger winnings.

Below, you can find a list of the best high-volatility slots that you can find in our casino: 

  • Big Bass splash
  • Gates of Olympus
  • Sugar Rush 1000
  • Book of Dead
  • Eye of Horus

How to Identify Slot Volatility?

Identifying the volatility of a slot machine can help you find a suitable game that matches your playing style and risk tolerance. That is why Campeonbet has prepared a number of practical methods that you can use to make the most out of your gaming experience.

One of the easiest ways to determine a game’s variance variance is to look at its paytables. That is because they provide key information into a slot’s variance level and payout potential. A good rule of thumb is to pay attention to the difference between the smallest and largest payouts as an indicator of volatility.

Return to Player rates can offer some important insight. As a general guide, you should always opt for a 96% which is the industry average, and always balance RTP selection with slot volatility. For instance, if you want a game with frequent low payouts, find a high RTP and low volatility. This also works the other way around with less frequent but bigger payouts.

Another important aspect is to read game reviews as they provide detailed information about particular slot machines, including their volatility. Player feedback can also be helpful as they offer real-world experiences with each game’s variance. 

Choosing the Right Slot Machine based on Volatility 

When selecting the right slot game, it isn’t just about the immersive gameplay and the captivating visuals. It is also about choosing something that aligns with your risk tolerance, playing style and bankroll management. When you combine all these aspects with the importance of understanding volatility, you can significantly enhance your gaming experience.

A key factor you should always be aware of is considering your risk tolerance. This refers to how comfortable you are during your gaming session, and more specifically, with the ups and downs of online slots. As we have already mentioned, these games can vary and that’s why it is important to choose between a high-risk, high-reward or a low-risk, low-reward strategy, before you start playing.

Risk tolerance comes hand in hand with your personal playing style. In theory, these games have the potential for a rewarding experience, regardless of small or big payouts. What’s important is to make the best choice depending on what type of player you are. Casual players tend to prefer low volatility slots for a more relaxed and steady experience, while high-risk players love the rush of big wins.

Understanding your playing style will also help you manage your bankroll more efficiently. Whether you are looking for the extreme end of the variance spectrum or anything in between, there are no wrong answers. You should always be honest with yourself, as it’s all about what you’re most comfortable with. 

The Difference between Volatility and RTP? 

The more information you gather about the factors that can influence your winnings and gameplay, the more effective your strategy will be in selecting the right slot machine based on your preferences.

Volatility is one of the key factors that can affect payout patterns. As mentioned above, this factor is related to the risk level and the frequency of rewards. Another factor that players should take into consideration is the RTP, or Return-to-Player rate.

This percentage represents the amount of money wagered on a slot machine that can be paid back to players over time. It practically means that higher RTP rates tend to offer higher chances of winnings, which, consequently, suggests that these games are less volatile. Conversely, lower RTP rates can often indicate that an online slot is more volatile.

In general, higher RTP often means lower variance. This means you’ll experience smaller, more frequent wins with less risk involved. On the other hand, high volatility slots typically have lower RTPs and offer larger, but less frequent payouts. 

It is clear that these two factors interact and are closely related to non-demo versions of the games. It’s also important to remember that these tendencies don’t come with guarantees. Join us and explore them!