What Does Volatility Mean in Slots? Understanding Payout Odds

The ease of gameplay and the possibility of getting low to high payouts have been major factors in drawing players to slot games. Every time you spin the reel of a slot game, the main aim is to hit a winning combination and receive a payout. How much you can get over a period of gaming in comparison to your wagers is made known through RTP. However, how much and how often you can win while gaming is determined by another factor called volatility. What does volatility mean in slots? Are there different types? Do they have pros and cons? This casino guide looks to provide answers to these questions. Find out how slot machines work.

What Does Volatility Mean in Slots? A Complete Guide

What does volatility mean in slots? Volatility is the driving force behind the size and frequency of payouts in slot games. Slot volatility, also called variance, is a fixed variable that the casino can’t adjust. You might have noticed that slot games have different payout sizes and intervals. That’s because every game falls into three volatility gambling variance categories: low, medium, and high. Each one has its pros and cons, which we will highlight.

Low Volatility Slots

Low Volatility Slots Meaning: This is pretty straightforward; they are games that offer frequent but small payouts. Players will often get payouts, but only in bits. They are not loose slots. These games usually have a maximum payout between 2 to 50 times your initial wager. Here are insider tips for finding loose slot machines.

Pros

• Suitable for beginners who are just learning how to wager and win on slots.
• They are great games for players with small bankrolls.

Cons

• Rare jackpots
• They cannot provide very high rewards if that’s what you want.
• Pay less in the long run.

Examples of the top 10 low volatility slots are:

Best Low Volatility Slots

High Volatility Slots

High volatility slots contrast low volatility games. Their payouts are high but less frequent. Players win occasionally, but the payouts can be huge when you hit the right symbols. They are the most desired slot options for high rollers. Many high-volatility slot games also feature progressive jackpots, which can be elusive due to odds. What is machine chance? The probability of winning a slot machine.

Pros

• Less frequent but big payouts
• Perfect for high rollers
• They can feature progressive jackpots

Cons

• High volatility slots are high-risk games
• The games require a sizable bankroll due to high bet sizes.
• Not for new slot players

The games below are among the top 10 high volatility slots you can play at our casino.

Best High Volatility Slots

Medium Volatility Slots

Medium volatility is the equilibrium between low and high volatility. They are designed to balance risk and rewards. Games with this variance pay out more frequently than low-volatility slots and offer sizeable payouts, though not as high as high-volatility slots. They are one of the most desirable slots for experienced players because of the slightly reduced risk and more commensurate rewards. These games can also feature jackpots.

Pros

• Relatively frequent and significant payouts.
• Perfect for all players.
• Medium volatility slots can feature progressive or fixed jackpots.

Cons

• Bet sizes can be high at times.
• Payouts may not meet your expectations.
• Pay is also not as frequent as that of low-volatility slots.

Here are some picks from the top 10 medium volatility slots.

Best Medium Volatility Slots

Which best suits your gameplay? Matching games are available at Slots Paradise Casino.

Hybridization of Volatility in Slots

We have highlighted the primary slot machine volatility list. However, many slot developers create games with mixed variances, such as low to medium and medium to high volatility. Games with the former feature can provide small to relatively high wins, while the latter can give sizable jackpot wins. Learn expert tips on how to win at slots.

Which Volatility Should You Choose?

What does volatility mean in slots? Volatility defines the frequency and potential payouts of a slot game. The slot machine volatility chart​ categorizes games into high, low, or medium variance. The games you should choose will depend on your gaming goal. Especially if they’re online slots. Low volatility games are good if you want to have fun and accumulate small wins over time. High volatility slots are the perfect fit for players who desire huge payouts and have higher risk tolerance plus a sizable bankroll. Play medium volatility slots if you are looking for lower financial risk games while still standing a chance to get good, less frequent payouts. It’s all in the eye of the beholder! Hey, we’ve got casino news so fresh, you’d think it came straight from the pit boss! Go for it daily! Stack the odds in your favor—hit that social media button!