What Does Volatility Mean on a Slot Machine- 2021 guide

Slot machines are slowly but surely becoming the most convenient and entertaining method of gambling, mainly due to the increasing popularity of online casinos. Despite being in fact a virtual game, the game mechanics haven’t changed and remain the same as their physical counterpart. People now days can enjoy a few slot machine games with just a few simple clicks sitting in the comfort of their own home.

The huge variety of slot machines in fact makes the people indecisive in their choices. When choosing to play a slot machine game, the most important factor that you should take into consideration is the volatility of the slot machine. In this article we will discuss the meaning of the term “volatility”, what levels of volatility are there and what type of slot machine you should choose depending of the level of volatility.

Volatility is a term used in online gambling to evaluate the risk of losing a bet. In simpler words the less volatile a slot machine is, the bigger the chances of winning, but with a smaller payout and smaller jackpots. The more volatile a slot machine the higher the risk, but the bigger the chance of winning large payouts and large jackpots.

The choice of a particular slot machine type depends mainly on how much risk you can handle and the end result you want to achieve i.e. how much money do you want to win. Another factor you should take into consideration is the amount of money you are ready to lose. After all, everyone plays to win, not to lose money.

Slot machines are divided into three levels of volatility, namely low, medium and high, with most online casino platforms offering each of these levels.

Low volatility slot machines

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Low volatility slot machines are appropriate for people who aren’t looking to spend a lot of money and who generally just play for fun. Low volatility slot machines are designed to be frequent in player payouts and are widely regarded as the slot machines with the highest return on investment (RTP), ranging from 250 to 500 times the bet.

The very fact that they provide frequent payouts is what makes them so appealing to so many players. The odds of winning a large amount of money are lower, but there is no risk of losing a large amount either. When compared to the other two volatility categories, low volatility slots are missing the element of a big jackpot, as the risk is low to non-existent. In summary, you should not expect to win significant amounts of money, and you should be happy if you walk out with the invested amount.

Medium volatility slot machines

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Medium volatility slot machines are the best of both worlds and are suitable for people who are looking for a bit of excitement without risking a lot of money. As the name implies, medium volatility slot machines come with a medium level of risk and are a good trade-off between low and high volatility slot machines.

Unlike low volatility slot machines, where players are paid out more frequently, medium volatility slot machines are designed to bring considerable payouts at regular intervals, about every twenty spins. Therefore they are not as slow as high volatility slot machines but are as equally exciting. In that regard, medium volatility slot machines tend to have tons of additional bonus features. They are a terrific choice for people who play just for fun, but still want to make a decent profit every now and again.

A lot of online players like to play and switch between both high and low volatility slots. Having a great selection of slot machines at the best online casinos, you can instantly and effortlessly choose from popular high and low volatility games, as the mood takes you and you can read more on www.n1casino.com

High volatility slot machines

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High volatility slot machines are appropriate for people who are looking to become millionaires, that have a lot of patience and are not faint hearted. High volatility slot machines are the most volatile machine slots compared to the low and medium volatility slot machines, meaning they are the one with the highest risk. High volatility slot machines are designed to bring major payouts, between 3,000-10,000 times the initial wager. In this sense, not all payouts are substantial, as some can be as large as the payouts that occur in low and medium volatility machines. The obvious disadvantage of machine slots with high volatility is that the payouts come really rarely, which usually means that you have to spin a lot and spend a lot of money. On the other hand, winning the jackpot prize will surely be life-changing for the winner.

The majority of online casinos do not reveal the volatility of slot machines. Having that in mind it is estimated that a player needs between 500-1000 spins to determine the volatility of a slot machine. A good tip is to try a free version, if one is available to play, in hopes that you can determine the volatility.

Volatility is a term used in online gambling to evaluate the risk of losing a bet. The choice of a particular slot machine type depends mainly on how much risk you can handle and the end result you want to achieve i.e. how much money do you want to win. Slot machines are divided into three levels of volatility, namely low, medium and high, with most online casino platforms offering each of these levels. Low volatility slot machines are appropriate for people who aren’t looking to spend a lot of money and who generally just play for fun. Medium volatility slot machines are the best of both worlds and are suitable for people who are looking for a bit of excitement without risking a lot of money. High volatility slot machines are appropriate for people who are looking to become millionaires, that have a lot of patience and are not faint hearted.