Volatility
A measure of the level of risk associated with a slot game, indicating the frequency and size of its payouts.
Volatility, also known as variance, describes the payout behaviour of a slot. It is a crucial concept for Bankroll Management.
– Low Volatility: These games have a high Hit Frequency. They pay out often, but the wins are typically small. They are good for longer play sessions with a smaller bankroll.
– High Volatility: These games have a low hit frequency but offer the potential for very large wins in a short period. They can go through long “dry spells” with no significant payouts and are better suited for players with larger bankrolls who are chasing massive jackpots.
– Medium Volatility: A balance between the two.
Formulas and examples
Game Type vs. Volatility:<br>- Low: Frequent small wins. (e.g., Starburst)<br>- High: Rare, but huge wins. (e.g., Book of Dead)