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What Is Volatility In Slots & Is Higher or Lower Better?

What Is Volatility In Slots & Is Higher or Lower Better?

Online slot gaming continues to be a popular digital pastime, with a myriad of games and platforms available for players to choose from. 

As players dive into this entertaining realm of spinning reels and flashing lights, a key term that often surfaces is 'volatility'. But what does this term mean, and how does it affect your gameplay? Is it better to play slots with higher volatility or those with lower volatility? This Free Bet Casino blog will answer these questions and more, providing the insights you may need to maximise your slot gaming experience.

What Is Volatility In Slots?

In the context of online slot games, volatility, also known as variance, is a term that describes the behaviour of a slot game in terms of the frequency and size of potential wins. Essentially, it offers players an idea of the level of risk involved in playing a particular slot game.

Online slots may be categorised into three volatility levels: high, medium, and low. High volatility slots usually offer possible wins less frequently, but if they do pay out, the wins can be quite substantial. Conversely, low volatility slots are likely to award more frequent wins, but these potential wins are generally smaller. As for medium volatility slots, they strike a balance between the two extremes, offering moderate potential wins at a fair frequency.

It is important to note that these classifications are theoretical. The actual results can vary due to the inherent randomness of online slots.

How Can I Tell The Volatility of a Slot Machine?

Identifying the volatility level of a slot machine can be quite straightforward. Most slot games provide this information in their info or help section, where the volatility can be indicated as low, medium, or high. If this information is not directly provided in the game, players can usually find it on the slot developer’s website or by reading online game reviews.

High Volatility Slots vs Low Volatility Slots

The choice between high and low volatility slots largely boils down to a player’s preferences and risk tolerance. High volatility slots, offering larger yet infrequent potential payouts, are often favoured by players who enjoy the fun of chasing big possible wins. These slots can also offer intricate bonus rounds and jackpot features, which may further enhance their appeal.

On the other hand, low volatility slots, with their smaller but more frequent potential wins, are popular among players who prefer a relatively steady casino gaming experience. They are often simpler in design and gameplay, making them suitable for beginners or those who prefer less complexity.

Is Volatility & Variance The Same?

Yes, in the realm of online slots, the terms volatility and variance are often used interchangeably. Both terms refer to the frequency and size of potential payouts a player may get from a particular slot game. Like volatility, variance is categorised as low, medium, or high. While some sources suggest that variance refers to long-term behaviour and volatility to short-term, in most cases, they essentially mean the same thing.

Volatility vs RTP: What’s The Difference?

While both volatility and Return To Player (RTP) are critical factors in determining your slot gaming experience, they serve different purposes. RTP is a percentage that can indicate the theoretical amount a slot game may pay back to players over time. Volatility, on the other hand, indicates the frequency and size of potential wins. A high RTP is often associated with low volatility slots, but exceptions exist where a game might have both high volatility and a high RTP.

Best High Volatility Slots

For players who enjoy the fun of chasing big potential wins, high volatility slots can be an exciting choice. Some of the best high volatility slots include 'Land of the Free' by NoLimit City, 'Jammin’ Jars 2’ by Push Gaming, and 'Medusa Megaways' by SG Digital. These games can offer substantial potential payouts, and while wins may come less frequently, they can be quite impressive if they do land.

Best Low Volatility Slots

If you prefer a more steady gaming experience with smaller but more frequent potential wins, low volatility slots can be a great choice. Some of the top low volatility slots include '10 Swords' by Pragmatic Play, 'Bloodsuckers' by NetEnt, and 'Esqueleto Explosivo' by Thunderkick. 

Play Slots Online at Freebet Casino

Whether you're a fan of high, medium, or low volatility slots, online platforms like Freebet Casino offer a wide range of online slots to cater to all preferences. With an extensive selection of volatility ratings, RTP rates, themes, and bonus features, nearly every player can find a game that aligns with their casino gaming style. However, it's crucial to remember that while understanding a slot’s volatility can be a useful tool when choosing a game, due to the inherent randomness of slots, winning is never guaranteed. The key is to find a balance that suits your gaming style and enjoy the fun that online slot games offer. 

*All values (Bet Levels, Maximum Wins etc.) mentioned in relation to these slot games are subject to change at any time. Game features mentioned may not be available in some jurisdictions.