Volatility of slot machines: slots with high and low variance
From time to time, all gambling fans go to the Internet to read tips on how to increase the chances of winning. While some gambling best online casino malaysia users of slot machines are studying RTP indicators, others are paying attention to volatility. It is the last parameter that can give players an accurate understanding of what to expect during a gaming session.
What does volatility mean in slot machines?
Volatility (sometimes called volatility, variability, or instability) is a special term used to calculate the effectiveness of a device during a game session. This also applies to one-armed bandits in offline establishments and slots on the Internet. Gamblers consider volatility in order to properly plan their bankroll (game budget). In other words, volatility is what tells about the frequency of winning combinations, the size of the winnings and the risk indicator.
Types of volatility of slot machines and the differences between them
Most gambling fans know the three main types of variance (variance) of games: high, medium and low. If you follow other, more accurate, classifiers, slot machines should be divided into 5 levels according to the level of variance: high, medium-high, medium, low-medium and low.
The variability (aka variance) of land and virtual slots is pre-programmed, it depends solely on the random number generator (RNG). Often, casinos and software developers for them do not want to share information about this indicator. Those who want to know more about variance sometimes have to search for the data themselves.
Volatility and variance: is there a difference between them?
In gambling terms, there is not the slightest difference between these two names. They are both used interchangeably. Variance (variance, variability) is a term that is often used when playing poker. He got into the gambling industry from there. And the word “volatility” is used mainly in the financial sector, as an indicator of price fluctuations over time.
Volatility index of slot machines: how to find it?
In theory, you can calculate the variance of a slot machine in a casino, provided that you know the frequency of symbol combinations and odds. But in reality it is quite difficult. And to establish volatility, a whole series of complex equations are needed.
Regardless of the fact, whether you win or are blown, slot machines are tied to the volatility index. The latter demonstrates how unstable the slot is. Developers are often not ready to present this information for review. The volatility index explains how often a certain combination appears in the overall result of combinations.
To be honest, measuring the volatility of a video slot is a thankless task. However, we will try to tell you how to recognize it. Here are some highlights to consider:
- Take a look at the payout table and estimate the difference in winning for a combination of 4 and 5 identical symbols. If the five is paid much more expensive than the four, then it can be assumed that the machine has a large variance.
- See what prizes the software developer promises. Impressive rewards most often mean that this is a game with an increased level of variability.
- Pay attention to the size of the highest allowed bet. High variance toys have small sizes with the highest bets.