Slot variance and volatility… Many new (and sometimes seasoned) players see these terms thrown about everywhere in online game reviews yet they’re not always entirely clear on what it’s supposed to mean. ‘Volatility’ and ‘variance’ are both words that have meaning in their own right but when referencing a mobile slot the waters become a little muddy.
Fear not, dear reader, for we are here today to guide you through the differences between the slot variance and volatility. Some of you may think if this is important, to which we’d say yes. Not knowing slot variance could be the different between a good or bad choice in gaming. With this guide, you’ll know precisely what you’re looking for.
High Vs. Low Variance
Let’s start off by talking about the difference between low and high slot variance. You may notice on many slot reviews across the internet that any given video slot has either low, high or medium variance, sometimes a mix of the two but almost always one out of the three. What it basically means is that the slot has a high, medium or low ‘risk factor’.
For instance, if you have a low variance slot then the risk is pretty low on bet risk and therefore lower returns. The higher the risk, the higher the reward is definitely the mantra of almost every slot in existence. Most progressive jackpots, for instance, are going to always be of high variance seeing as higher bets are required for the kind of rewards given by them.
Low variance slots also tend to pay out more frequently. This is why sometimes such games can feel a little underwhelming or unsatisfactory. Where’s the fun if all you do is win all the time? This is why most video slots you’ll come across tend to have medium slot variance as it strikes the perfect balance between lower risk with somewhat rewarding payouts. However, it is entirely up to the player which slot variance suits their gameplay.
So What Is Volatility?
Slot volatility is essentially the same thing as slot variance. Choose a lower volatility slot and you’ll be playing it far longer and far more often than a higher volatility slot, but the wins will be much more frequent and you might even accrue a small fortune if you play long enough.
Fun is still a guarantee, however, and some famous examples of low volatility slots include NetEnt’s Starburst and Aloha! Cluster Pays. Because NetEnt knows that these slots are low in volatility, they do their utmost to make their slots as satisfying an experience as possible and this usually means great graphics, flawless gameplay mechanics, and awesome out-of-the-box bonus features that makes every one of their titles so unique.
Still, it’s important to realise low volatility slots don’t pay out as much as you might expect them to. At the end of the day, all slot outcomes are completely arbitrary and you can never predict what’s going to happen. This is why some players tend to lean more to the higher volatility slots, but players must also realise this carries its own much higher risk.
Wins are so infrequent that such slots can become frustrating very quickly and unless you’ve got a lot of money and patience, you will not get much satisfaction out of them. Some good examples of high volatility Dead of Alive slot, Gonzo’s Quest slot, Piggy Riches slot and Thunderstruck slot. Play them if you dare.
Check Out Slot Variance At Fortune Frenzy
At Fortune Frenzy, we have a ton of video slots for you to check out, including most of those mentioned above. See for yourself how different slot variance can affect the outcome of your bets! The right game for you is waiting in our library.
A word of caution: choose wisely based on budget limitations, as a high variance slot can result in almost nothing in return, not unless you get really lucky. Regardless, the risk factor might makes things more interesting for you and, at the end of the day, it’s entirely your choice.