Low Volatility Slots
If a slot has a low variance, you will win significantly more often than with the other variants. However, they will be lower. Such slots are ideal if you enjoy the fun of playing the machine and want to play with your capital for a long time. Of course, even with low variance slots there is a chance to hit slightly higher winnings.
Without knowing whether slots have high, medium or low volatility or variance, it is difficult to calculate variance yourself. It would take a lot of spins to find out exactly how seldom or often winnings are paid out and in what amount.
To understand how the variance is calculated, you can imagine two machines with the same payout ratio, the same stake and the same starting balance, but each with a different variance. For a better understanding, we take two extreme variants for the example, which do not exist in reality: A slot with as low and as high volatility as possible. For the sake of simplicity, we assume the following requirements for both slots:
95% payout rate
Initial balance of €100
Stake of €1 per spin
Let's say you bet €1 on each spin on the slot. With the lowest possible variance, the slot would pay out 95 cents in profit on every spin. So, you would lose 5 cents of your bet with every spin since the payout percentage is 95%. After 20 spins you would have wagered a total of €20 and won €19 again. So, your balance after 20 spins would still be €99. So, you could spin 2,000 times before the credit would be exhausted. Since such a slot would offer no chance of high winnings, it would be very unpopular among players.
Benefits of Playing Low Volatility Slots
Low volatility slots offer a plethora of advantages that make them a popular choice among players of all preferences. One significant benefit is the increased frequency of wins, setting them apart from their high volatility counterparts. Unlike high volatility slots that can lead to frustrating dry spells, low volatility slots ensure a steady stream of smaller wins, keeping players engaged and entertained throughout their gaming experience. Moreover, these slots often allow for extended playing sessions, thanks to their higher hit frequencies and lower maximum bet limits, providing more gameplay for your wagers.
Another appealing aspect of low volatility slots is the reduced risk of swiftly losing significant amounts of money. While the payouts may not reach the soaring heights of high volatility slots, the lower risk factor is ideal for players seeking a more relaxed and less turbulent gaming experience. Furthermore, low volatility slots frequently incorporate diverse bonus features and free spins, elevating the excitement and unlocking additional opportunities for rewarding wins.
All in all, the allure of low volatility slots lies in their consistent wins, reduced risk, and captivating gameplay, making them an excellent choice for players seeking a steady and enjoyable casino adventure.
Low volatility, also known as low variance, in slot games refers to the level of risk associated with the game. Slots with low volatility tend to provide more frequent but smaller wins compared to high volatility slots. In low volatility slots, the outcomes are relatively stable, and there is a lower risk of experiencing significant swings in your bankroll. These games are often preferred by players who enjoy longer gaming sessions and are not looking for large, infrequent payouts.
Low volatility slots can be suitable for a wide range of players, including those who prefer a more relaxed and extended gaming experience. These slots are particularly popular among casual players and those who want to enjoy the entertainment value of the game without the stress of chasing big jackpots. However, it's essential to choose a slot that matches your gaming preferences. If you're seeking the excitement of large wins and are willing to accept higher risk, low volatility slots may not be the best choice.
In general, low volatility slots tend to offer smaller individual jackpots compared to high volatility slots. While you may not see massive jackpots in low volatility games, you can still win reasonable prizes more frequently. Low volatility slots often focus on providing players with a steady stream of smaller wins to enhance the overall entertainment value. If your goal is to enjoy a slot game without the pressure of aiming for life-changing jackpots, low volatility slots can be a suitable choice.