Understanding High Volatility Games
Slot volatility is something most players don’t understand. High volatility games are usually associated with higher risk, and may be avoided as players think that the lower the risk, the better. This is not necessarily true, as they both offer benefits depending on your style of play and the size of your bankroll. A greater understanding of what the term means and how you can use it to your advantage will stand you in good stead when you spin the reels.
With slots and casino games, volatility refers to the inherent “risk” of the game itself and all reputable online casino Canada sites will feature a variety of titles with different degrees of volatility. They are broken down into three categories namely low, medium and high. In this case, we are referring to the frequency of the payouts for any given gaming session. With the lower risk games, the payouts are smaller but more frequent. For example, you can log on and play for 10 minutes and probably hit a few winning combinations although the payout are quite low.
High volatility games are completely different. The payouts come far less frequently, but when they do, they tend to be a lot higher. The same 10-minute gaming session might yield one or even no payouts at all, which gives them the higher risk factor. Increasing the time of play would likely yield a result and a decent payout. A slow with a progressive jackpot is an excellent example of one that falls in to this category.
Understanding The RTP Connection
Many people confuse Return to Player Rate (RTP) with volatility. With casino games, the RTP refers to the total amount paid back in winnings. For example, if a slot has an RTP of 97%, for every $100 put into the machine, it will theoretically pay out $97 back in winnings. How it pays out is where volatility comes in. It may be set to pay out lots of smaller amounts more frequently (low) or it may be set to pay out huge amounts but far less frequently (high). The total amount that is being paid out is the same either way. Medium slots have fall in the middle and pay out medium amounts with reasonable frequency.
If you are playing via an online casino app, chances are you are not going to know the rate of risk in what you are playing. In fact, many developers don’t advertise this information, although it is fairly easy to work out. If a short gaming session yields lots of small payouts, you have your answer. If you play for a while and still haven’t hit a single win, you can be sure it is a higher risk title.
Which Option is Best?
So, which one should you choose? This all depends on your playing style, the amount of risk you are willing to take and the amount of time you want to spend on a single gaming session. If you are just starting out and you have a limited budget or you only have a few minutes in which to play on an online casino app, then choosing the lower risk options are better.
However, if you have a generous bankroll and have the whole night to rack up some winnings then high volatility games are best. If you can stick it out, you may just find that the long intervals will work in your favour when a massive payout occurs.
Some players prefer sticking to the lower games as the frequent wins boost confidence and stabilises your bankroll instead of watching it slowly tick down with no way of knowing if your funds will last the full session. But when you do win, the rewards are well worthwhile, so the choice is yours!