Definition For Slot Machine
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In gambling, there is such a thing as volatility. Volatility is often confused with other gambling terms, for instance, with variance. Let’s take a closer look at slot machine volatility and how to determine it.
Volatility is a level of risk involved in the game. The term is used to inform the players how often and how big payout they can expect. There are three types of volatility.
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High, Medium and Low Volatility Slots 2020
‘The ordinary idea of a slot machine logically involves the idea of a device in which some mechanism or other is set in operation by the coin, which in some way delivers the appropriate goods.’ ‘If the government's central concern was the reduction in teenage pregnancies, the sensible thing would be to make the morning-after pill. List of Slot Machine Terminology with Definitions. This glossary includes popular words that every game uses and some you might have never seen before. Learn what a progressive slot is, the difference between a free spin and free play, and all about those tricky pay tables.
High volatility slots are considered much riskier to play. This means that they rarely give the winning combinations, but massive payouts. As a rule, such slots are preferred by people who have enough time, patience, and a large enough bankroll to continue spinning without any big wins.
Medium volatility slots are characterised by an average level of risk and are very popular with gamblers as it is a happy compromise between high and low volatility games. Slots with medium volatility are perfect for those who do not want to risk too much of their bankroll but still are looking for big wins.
Low volatility slots are distinct by a large number of small saving wins along the way you are playing. That is to say that these games involve a low level of risk. They are great for players who do not chase big jackpots and prefer to get frequent, small or mid-sized payouts with minimum money spent.
How to Determine Slot Machine Volatility?
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As we can see, the risk level is an important factor affecting the frequency and amount of payouts. Typically, online slot developers give out this information in the description of a certain game. However, the players can also freely find out the volatility of a slot machine.
When it comes to online gambling, there are special figures to estimate and classify slots. The slot machine is considered as high volatility if the payout ratio is higher than x10 000. If the rate varies between x5 000 and x10 000, the machine is considered a medium volatility one. Low volatility – is lower than x5 000.
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There are three main ways to determine the variation of slot machines:
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- to study the payout rates of each particular slot. This information is publicly available as well as the game rules.
- to play the game. Today, developers of online gaming machines allow gamblers to play free demo games. Thus, the user can see the frequency and amount of payments and decide whether it suits him/her or not.
- to surf various reviews and forums on the Internet. Players usually share their experience together with the information on volatility on some forums, etc.
Then the players should act according to their desires and possibilities: go with high volatility slots if want to play as long as possible and can afford to lose some money. Or play low volatility slots if don't have a large bankroll, and don't need big wins to have fun.
Classification of Slots According to Volatility from Slotegrator Experts
Our company offers online slots from well-known iGaming developers. In the following table, you can find the games from our partners, that are of different volatility.
Developer | High volatility slots | Medium volatility slots | Low volatility slots |
Amatic | Book Of Aztec, Book Of Fortune, Hot Diamonds | Sakura Fruits, Diamond Cats, Admiral Nelson, Bells on Fire | All Ways Win, Eye of Ra Fortunas Fruits |
Microgaming | High Society, Break da Bank, Break da Bank Again | Fortunium, Agent Jane Blonde, Alaxe In Zombieland | Playboy Gold, Big Top, Carnaval |
Endorphina | Jetsetter, Some Satoshis Secret, Gems & Stones | Ninja, Pachamama, Urartu, 7UP! | Safari, Blast Bang Boom, Ultra Fresh |
Platipus Gaming | Crystal Sevens, Cinderella, Arabian Tales | Cleo's Gold, Crystal Sevens, Fiery Planet | Fairy Forest, Jewel Bang, Legend of Atlantis |
Nextgen | Medusa II and 300 Shields, Dragon Wins | Alice In Bonusland, Batman, Cleo's Wish | Justice League, Jack's Beanstalk, Doctor Love |
Volatility determines the frequency and size of payouts won by players. Today, the software developers for online casinos create slots with different volatility to meet the needs of each player.
Definition For Slot Machines
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