Gamblers who frequent online casinos like www.okbetcasino.live always search for which slot games would give them a better return-to-player (RTP), max payout, or minimum bet. However, seasoned slot machine players forgot that this type of game has a feature: volatility. That is why, for today’s post, we will be talking about slot volatility.
What is it?
Slot volatility refers to the average payout and wins a slot machine can offer. Simply put, it is critical for players to know this feature to help them choose their new favorite slot.
Typically, there are two types of volatility: high and low. High volatility gives players a chance to earn a huge payout, but it is rare. Low volatility, however, is quick to hand out wins, although it is smaller.
Nevertheless, all slot machines will give you both small and big victories, with the possibility of getting a hot or cold streak, depending on the slot’s Volatility Index (VI) level.
Just like playing roulette
Slot machines are similar to roulette—both are a game of chance—waging on many numbers amounts to a higher chance of winning.
For instance, in the latter’s case, placing a bet on black or red is equivalent to taking a chance that 18 different numbers will appear simultaneously. It will either pay double or nothing. There is also an option of betting on a single number, with a payout of 35 to 1. The most obvious choice to increase the odds is to bet on black or red.
What are the Slot Volatility Levels?
There are five levels of slot volatility, namely:
- Low Volatility
- Medium-Low Volatility
- Medium Volatility
- Medium-High Volatility
- High Volatility
Earlier, we discussed that the lower or higher the volatility impacts the win rate. So, for example, you played on a low volatility slot at P500. The best way to win (no matter how small) is to wager P10 at a time. This way, you have a higher chance of getting P10 to P20.
In the case of gambling using a slot machine with a higher VI, you need to play at least 100 times before hitting the jackpot.
However, knowing that the VI only represents the game’s payout rate is essential. There are instances where a slot has high volatility with a consistency of a low-volatility and the other way around.
Finding a Slot’s Volatility
There are three ways of looking for the VI of the slot you are playing. The first is to check the slot’s information before playing the game.
However, only some online casinos give out such an important detail. So if this does not work, check the Internet, search for the slot’s name you want to play, and add the word “volatility,” Hopefully, you will get some information.
If the first two options fail to work, the last method is to practice the game in demo mode. Many online casinos like OKBET allow you to practice the game before investing real money. By playing the slot, you will see whether it is for you.