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Volatility is a term used in the online gambling space. The word means assessing the risk of losing a bet. It means calculating the chance of players having the chance of winning or losing on their bets. Slot machines are of three categories- low, medium, and high volatility, and the risks are different for every level.
The volatility of slots varies from low to high. The lower the volatility, the more the chances for a player to win. The higher the volatility the risks for losing are higher. The slot volatility is what the player wins or the slot typically pays out. Return to Player (RTP) is what casinos pay to the player.
Low Volatility Slot machines
It is already been stated that the lower the volatility, the less is the risk to lose a bet. But the profit margin for these machines isn’t much. The jackpots range from 250-300 times the bet.
Low volatility slot machines are famous among casino players even though they don’t give high payouts. This is because of the lesser risk of losing a large amount of money spent as the bet. These machines have also bankroll management, besides fewer losses and longer playtime.
Low volatility slot machines are hard to find, but some of the games are-
1. Lucky cherry.
2. Irish Magic.
3. American Gold Rush.
Medium Volatility Slot machines
Slot machines with medium volatility are a perfect wager between low and high volatility. The games in these slot machines might be uneventful, but the bonuses and highly anticipated wins engage players.
These machines create a middle ground between big and small wins. Medium Volatility slot machines are a perfect choice for players who play for fun and want a consistent winning streak but with higher stakes than low volatility machines.
Some of the games in this category are-
1. Divine Fortune.
2. 88 Fortunes.
3. Monopoly Megaways.
High Volatility Slot Machines
These high-risk machines can bring you closer to your dream of becoming a millionaire in a day or make you a pauper real quick. These slot machines are perfect for players who have bigger bankrolls. Also who have the time and patience to chase after the big jackpot.
Even then only a few lucky players have the chance to win on high volatility machines. These machines can bring about 3,000-10,000 times their initial wager.
Some of the high volatility slot machine games are-
1. The mercy of God.
2. Gonzo’s Quest.
3. Wheel of Fortune Megaways.
To decide which slot machine a player should opt for, it’s better to do better research. Most casinos enlist on their website which machines are available in their casino. The casinos that do not mention it, the players there can either try to find more information online or try the slot in the demo practice mode.
The demo practice mode helps the players to get an idea about the volatility of the machine. It is also smart to try out the demo practice mode before using real money and having the risk of losing bankroll.
