Mobile Slots Volatility And Variance
The house edge inside a Video Slot is far more complex than Casino Table Games, largely due to the fact that slots are a representation on your screen of the odds – unlike Roulette or Blackjack where the game has mathematical formula in play.
All modern-day Video Slots can be found utilizing a RTP (Return To Player) percentage to regulate how profitable a slot will be for the casino, over an extended period of time.
In a simplified example, if you were to stake £50 on a Video Slot with a RTP of 97%, you could expect to lose £3 out of that £100. Now obviously, that’s very short-term; RTP is designed to be calculated over millions of spins – but the RTP of a Video Slot is important – because it affects the volatility of a game.
Types Of Video Slot Variance
High Variance - A higher variance Video Slot is made to be very difficult to win. Players could play long sessions without hitting an individual big win, or even a bonus-round or free-spins feature – and they’re ideal for those searching for a ‘hard-core’ gaming experience. The big reward of playing a higher variance Video Slot, is that whenever they DO pay, they are able to often pay extremely high amounts of money. Notable high variance Video Slot games include Net Entertainment’s Dead or Alive, as well as 300 Shields.
Medium Variance - A medium variance slot is merely a slightly less volatile edition of a higher variance video game, with payouts occurring more often, albeit generally smaller compared to the higher variance type.
Low Variance - A low variance slot is a game that’s designed to offer players continuous, regular wins, with lengthy losing periods uncommon; the downside to this means that the payouts are generally smaller, and big wins are far harder to get than with a high variance Video Slot. Examples of low variance Video Slots include Play 'N Go’s Golden Ticket, and Net Entertainment’s Blood Suckers.
To find out what variance category a certain Video Slot falls into, you’ll want to find the RTP. In short; the higher the RTP, the lower the variance.
To find the RTP, you can either open the game up and click the “info” or “help” button – or if it isn’t displayed there, a simple Google search will usually reveal the answer.