So far, some of the best medium volatility slots have become slot player favorites. Slot players admit that it is easier to win in online slot games that have such a volatility level for several reasons. One of them is because medium volatility slots do not fluctuate and offer high win rates.
This article will briefly review medium volatility slots and how to choose the best ones to play on online slot sites.
What Is Volatility in Slot Games?
Volatility (also called variance) is a measure of how often a slot tends to hit a winning combination and consequently, the size of its average payout. Volatility also gives an idea of the risks associated with slot games; shows how often and how much you can expect to win. Volatility is the factor that determines your winnings in the short term.
High-volatility games feature rarer winning combinations but higher prize money. Likewise, games that provide regular small wins with fewer paylines are referred to as low-volatility games.
Whether land-based slots or online slots, volatility determines the chances of hitting the jackpot, prize money, and all the risks involved in the game.
While it is an important factor to consider when playing slot games, disclosure of slot volatility is neither required nor always available to the public. At best, some casinos display a volatility rating of 1-5. When choosing 3-star volatility, you will probably be playing a moderate to high-risk game.
However, playing multiple games will pretty much show the volatility of the games. Another option is to check the payout list. Slots that promise large amounts of prizes will most likely be high-variance games because they most certainly won’t give out that amount every few spins.
Regardless of the volatility of slots or the variance of slots, choosing a slot game still comes down to the personal choice of the player and the amount of money that can be spent.
Three Measures of Volatility in Online Slots
The slot volatility is divided into 3 sizes, namely high volatility, medium volatility, and medium volatility. Each of them is interpreted as follows:
- High volatility slots are online slot games that offer high win values but rare wins. You’re likely to win the occasional big payout playing on slots of this volatility size.
- Medium volatility slots are those that offer a balance between the number of wins and the payout value. Playing on medium volatility slot games is easier to win regular spins. Two examples of the best medium volatility slots that you can play right now are Luck of the Irish and Gold Frenzy Demo Play from Blueprint Gaming.
- Low volatility slots are slot games that offer a fairly high number of wins but the resulting payout value is relatively small. You will probably win a lot of slot spins but the prizes are much smaller than in medium and high-volatility slots.
Volatility Vs Variance
Volatility and variance are synonymous terms used by experienced casino players but mean different things in the outside world. Volatility is often used in finance when discussing risk and stock options, while variance is a term used by poker players and, more recently, slot games.
Both technical terms refer to risk factors in slot games and give players an idea of what to expect in terms of prize money and winning combinations when playing. This is the frequency and amount of wins and risks involved when playing this game.
The only slight difference between volatility and variance is that variance refers to the distribution of the games of winning combinations over the long term. Conversely, volatility is the risk involved when playing for a short period. High-volatility games can mean winning the jackpot in the long term or risking your entire capital in the short term.
Volatility Vs RTP
Volatility and return-to-player (RTP) are two very different metrics, but they both affect the game quality and player experience.
Volatility refers to the risk factor involved in the game and the number of winnings a player can earn in the short term, while RPT in slot games is a percentage value that refers to the total amount of stake returned to players in the form of winnings over a long period.
While volatility describes the risk of losing your money, it also determines the amount of money you can ultimately win. These can be small frequent wins or big “once in a hundred spins” bucks.
On the other hand, RTP is a predetermined value set by the game operators which guarantees a percentage of all bets that will be given back to the players.
Regardless of whether the slot game is programmed to give out frequent small wins, or some big combination, in the end, it will still return 93-98% of the total bet to the player.
Volatility Vs Risk
Slot volatility shows how much risk you face in the game. High-volatility slot games show high risks that are offset by large winning values. Conversely, low volatility slots offer low risks with low win values. For players who decide to play in the best medium volatility Slots, you are faced with slot machines that offer a balance between risk and win ratio. Play medium volatility slot with RTP percentage of 96.53% such as Gold Frenzy Rapid Fire.
