What Does Volatility Mean in Slots?

what does volatility mean in slots

1 minute

Last Updated: February 21, 2024

It is common for slot players to ask, what does volatility mean in slots? Volatility, which is also known as the variance, is the rating that represents how often a slot pays out and the size of the payouts. A low volatility slot will pay out small amounts in succession, while a high volatility slot will pay out large amounts spread out in frequency. The volatility index has a range of categories that a slot can fall into, and they are:

  • Low Volatility
  • Medium to Low Volatility
  • Medium Volatility
  • Medium to High Volatility
  • High Volatility

These categories are not usually exact because sometimes a high volatility slot may payout like a medium volatility slot, or a medium volatility slot may payout like a low volatility slot. Volatility ratings serve as a guide on what players should expect when they gamble. The volatility rating is used to signify the average payouts that players will receive and how they will be received. It helps to guide players in bankroll management.

If a player uses $100 on a high volatility slot and makes $2 wagers on each spin, they may lose 99 times but win $400 on the 100th spin. This is how the variance works and how it determines the frequency at which players get paid. Volatility is important to players because it allows them to calculate the risk associated with playing a slot. 

To check the volatility of a slot, players can view the game details from the casino where they are gambling. If they want the most reliable information, then they can visit the website of the game provider for more details. Slot volatility is important for players to calculate the reward ratio for a slot game so that they can formulate a strategy to play the game. It also helps players decide if a slot is right for them. 

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