Slot machines draw in players with their flashy graphics, bonus features and potential for big payouts. But behind the glitz hides mathematical principles governing how these games really work. One such concept? Volatility. Also called variance, volatility indicates how often and how much a slot pays out over time. Some machines dish out smaller wins frequently, while others have a higher, less predictable payout structure capable of awarding life-changing jackpots. How strongly you feel volatility’s effects are tied closely to factors like your bankroll size and risk appetite.
Defining What Volatility Means for Slots
Volatility indicates how often and at what amounts a slot machine pays out. It measures the risk inherent to the game and how much your bankroll fluctuates while playing. Machines available on legit platforms like MateSlots online casino fall under three categories:
Low Volatility Slots
- Pay out frequently
- Have smaller individual wins
- Less overall risk
- Offer more predictability
Medium Volatility Slots
- Moderate both pay frequency and size
- Some unpredictability
High Volatility Slots
- Pay out much less often
- Offer chance at larger wins
- Heightened risk element
- Very unpredictable
Key Factors of Slot Volatility Levels
Volatility |
Payout Frequency |
Individual Win Size |
Risk Level |
Unpredictability |
Low |
High |
Small |
Lower |
Less |
Medium |
Moderate |
Modest |
Moderate |
Some |
High |
Low |
Large |
Higher |
More |
Assessing Your Means and Goals
Your playing duration and enjoyment derive significantly from the volatility tuning of games. Factors like your available bankroll, risk tolerance and even patience levels help determine ideal machines fitting your means and personality. Evaluate the aspects below when deciding which volatility suits you best:
- Bankroll – Lower volatility slots accommodate restricted budgets better through their smaller but more common payouts. Their highly volatile counterparts require deeper pockets to endure unpredictable dry spells without going broke.
- Risk Appetite – Gamblers seeking the adrenaline rush and big reward potential of high-variance games must also stomach their elevated losing risks. Low volatility options offer safer, steadier play.
- Patience – Higher volatility slots can test your staying power through infrequent payouts. Slow, methodical players appreciate their big jackpot possibilities. Those wanting more consistent actions prefer low-to-medium variance selections.
- Entertainment Goals – Casual players often favor low-volatility games providing fun features, bonuses and frequent small rewards. Avid high-stakes gamblers gravitate toward high-variance slots for their jackpot potential.
Try Before You Buy
Brick-and-mortar casinos allow testing games firsthand to gauge volatility. Reputable online sites also indicate variance levels for their slots. Additionally, free play options let you experience slots’ volatility without risking real cash. Take advantage of these offerings to determine games that suit your means before playing for keeps.
Online Slots with Best Volatility
Slot Game |
Developer |
Volatility |
RTP |
Max Win (x Bet) |
Bonus Features |
Dead or Alive 2 |
NetEnt |
High |
96.80% |
111,111x |
Free Spins, Wild Multipliers |
Book of Dead |
Play’n GO |
High |
96.21% |
5,000x |
Expanding Symbols, Free Spins |
Legacy of Dead |
Play’n GO |
High |
96.58% |
5,000x |
Expanding Symbols, Free Spins |
Bonanza |
Big Time Gaming |
High |
96.00% |
10,000x |
Megaways, Free Spins, Multipliers |
Gates of Olympus |
Pragmatic Play |
High |
96.50% |
5,000x |
Tumble Feature, Multiplier |
Razor Shark |
Push Gaming |
High |
96.70% |
85,475x |
Mystery Stacks, Free Spins |
Volatility by Slot Type & Theme
Slot types and themes provide clues into volatility levels. Classic slots and fruit machines usually have lower variance, tuned to their traditional audiences seeking straightforward, laid-back play. Highly volatile slots often feature themes like ancient civilizations, fantasy and mythology to match their high-stakes, adrenaline-raising experiences. Branded blockbuster slots based on movies, celebrities or TV shows also target engaged players with medium-to-high volatility. Evaluate genres and styles providing the experiences you seek.
While physically similar from the outside, not all slots play the same. Volatility indicates how frequently and generously they award payouts over time. Matching this value to your budget, risk tolerance and playing style promotes better entertainment outcomes.