Introduction to Volatility

Both volatility and Return-To-Player (RTP) play a pivotal role in

How does RTP affect volatility in online casino games?

Betting known as Return-to-Player, RTP is expressed as a percentage in casino games. Most online slots have an RTP between 93 and 98%, while some developers create slot games with a slightly higher RTP than others.
Let’s put this into perspective. The RTP is the expected amount per bet. If you wager £50, you can expect circa £48 back. This is applied to a specific number of spins as well as a theoretical value so there are no rules attached to this.

It comes as no surprise then, that the RTP affects volatility in slot games. It is the variance that ultimately decides the differences in theoretical RTP per single session. It is because of this reason that slot games with a low variance tend to alter from this percentage since they pay very small payouts but on a regular basis.
If you make a bet of £10 and win £15, that is an RTP of 150%. It is considered a very considerable win on such a game.

If you prefer slot games with high volatility, it also means that these games will vary from the theoretical example from the previous example. For example, if you spin 10 times and you win nothing, that’s an RTP of 0%. However, if you keep at it, you can expect a considerable payout.
For example, if you hit a win after your 300th

The Two Sides of Volatility

There are two sides of volatility in slots. They are categorised as high and low volatility. The risk and how volatile slots are, go hand in hand. It means that the more highly volatile a slot is, the higher the risk the slot and the same is true to low-volatility slots, they have lower risks. High-volatility slots are perfect when players have a lot of money and time on their hands. You might also have to practice the virtue of patience if you want to walk away with a big win. Book of Ra by Novomatic is one such example of a high-volatility slot. As mentioned before, low-volatility slots equate to lower risks. It means that you will not lose as much time and money while pursuing a win. The wins, however, in these kinds of slots are much lower when compared to the games that are on the other side of the spectrum.

Slot games of various volatility levels

Low Volatility: Probably the most popular type of slot game, low volatile slots pay frequently and have high RTP. Though payouts are on the smaller side, they will occur on a regular basis. In general, it keeps you going for quite a while.

Medium Volatility: These medium-risk slots means you can win both small and big payouts. They pay out quite frequently but much less than low volatile slot games. They can be quite frustrating to gamblers, since it is quite difficult to know when to expect a win. They are however, ideal for players who want something a little more exciting than low variance slot games and those gamblers who have a bigger bankroll. If you like to play a little longer, medium variance slots are ideal.

High Volatility: These slot games are not for the faint-hearted. High risk and quite fast-paced, a high volatile slot game doesn’t pay on a regular basis, but when you hit a win, it will be on a larger scale. Imagine, you can be spinning the reels for a long time without hitting a win but when you do, expect it to rain. When it comes to these types of slot games, it is always best to have a large bankroll, and that you can afford to keep on spinning since there will be a dry spell ahead.

Strategy for Playing Volatile Games

Understanding volatility makes players appreciate that there are games whose wins are slow to come about and that a lot of patience and funds are essential in mounting a challenge to cash-in. Below we dissect these methods to find out better how to play volatile games and win the large amounts.

The first notable thing a player should do is to identify volatile games. By looking out for games with huge payouts and massive jackpots, a player realises that it has a high volatility. These games bring us to the second strategy, which is to have a significant amount of money. A copious sum of money is wagered albeit in small amounts many times over in a bid to win a huge payout. In some games, players can make multiple bets simultaneously, such as Craps. Most would say this method requires patience, because of the manner of wagering where many bets are placed before winning. The third strategy in playing games with high volatility is to aim for small but frequent wins while anticipating few but heavy losses. One such move is the lay bet where a player wagers that a seven will appear before either of the point numbers such as 4, 5, 6, 8, 9, or 10. In this case, it is a favourable bet because seven comes before and after three digits, which makes it an even chanced bet. There is a lot of risks here yet very little money to be won. Players need funds to cover the losses which aren’t sensible.

How to pick a slot based on volatility?

The information is on the pay information sheet. It is always best to research before jumping in and spin the reels to any old slot. Once you have checked the RTP and volatility, have a strategy in place. If you are after a big win, forget low volatility slots and always remember, that the longer you play, the more you are likely to lose it all due to the house edge.

Have a budget and set a loss limit when playing medium volatility slot games. Different strategies need to be applied according to the various volatility levels. You need to know when to go ahead and play on and when to quit. When it comes to high variance slot games, these games will engulf your bankroll quite quickly. Make sure you have a bankroll big enough to afford spinning the reels without any rewards for a long time.

What should I play?

Setting aside personal preferences, the one determining factor for playing high volatility slots versus low volatility slots is your budget. If you are happy to risk a long dry streak, with the chance of a big win at the end, go for high volatility.

Players with smaller budgets, on the other hand, will get more entertainment value (and longer playing time) with the repeated rewards offered in low volatility slots.

Check out the casinos below to play all kinds of games, most of which offer a free demo version so you can get a feel for their volatility.

Summary

Volatility is expertly dissected and analysed on Best Casino Bonus 365 to give an overall verdict on the ups and downs of the trait. At the end of the day, it is the outcome of a casino visit that matters. Players strive to make money while gambling but gaming factors such as volatility, which is beyond their control impact the final result in both a potentially positive or negative one. Here on Best Casino Bonus 365, we incorporate a few examples that create a scenario of how the volatile games behave and a simple strategy or two which assist in breaking past this obstacle. Each avid gamer should take the thoroughly researched information into context and apply it to the everyday gaming activities where there is potentially a game changer that can influence massive wins. Additionally, every player should visit Best Casino Bonus 365 and expand their knowledge on other games by reading our dedicated segment.