What exactly is online casino volatility?

January 8, 2023 0

Online casino volatility refers to the level of risk associated with playing a particular game or slot machine at an online casino. A game with high volatility will have infrequent but large payouts, while a game with low volatility will have frequent but small payouts.

Table of Contents

Measuring Volatility

One way to measure volatility is by using a game's “hit frequency” and “payout percentage”. The hit frequency is the number of times a player can expect to win per spin, while the payout percentage is the amount of money a player can expect to win back over time. A game with a high hit frequency and a low payout percentage is considered low volatility. In contrast, a game with a low hit frequency and a high payout percentage are considered high volatility.

Another way to measure online casino volatility is by using the “standard deviation” of a game. The standard deviation is a statistical measure of how much the results of a game deviate from the expected outcome. A game with a high standard deviation is considered to have high volatility, while a game with a low standard deviation is considered low volatility.

Player Preference in the Volatility of Slots

Some players prefer games with high volatility because they offer the potential for large payouts, while others prefer games with low volatility because they offer more consistent payouts. It is important to note that a game's volatility does not indicate its overall fairness or payout potential.

It's also important to consider the budget when choosing games with different volatility levels. High-volatile games can be quite costly if you don't have a large budget, and the chances of losing all your money are higher. Low-volatility games are perfect for players with a small budget, as they can play longer without losing all their money.

Another aspect to consider is the gameplay. High-volatile games might have more exciting gameplay, but it can be frustrating when you don't win anything for a while. Low-volatility games are less exciting, but you'll be able to play longer without feeling frustrated.

Different players have different preferences when it comes to volatility. Some players enjoy the thrill of high online casino volatility games and are willing to take the risk for the potential of big payouts, while others prefer the consistency of low-volatile games. It's important to find the right balance for you and your budget.

It's also important to note that the volatility of a game can change over time. For example, a game that was once considered to have high volatility may become more consistent and lower in volatility as more players learn the strategies to win. Similarly, a game that was once considered low volatility may become more volatile as players learn the strategies to win and start taking more risks.

Types of Games

Another factor to consider is the type of game. For example, slot and video poker games typically have higher volatility than table games such as blackjack and roulette. This is because slots and video poker games are based on luck, while table games are based on skill.

It's also important to remember that the volatility of a game does not indicate its overall fairness or payout potential. A game with high volatility may have a lower payout percentage, but it may still be a fair game with a high payout potential. Similarly, a game with low volatility may have a higher payout percentage, but it may still be an unfair game with a low payout potential.

When it comes to online casinos, it's also important to consider the casino's reputation. Some online casinos may offer highly volatile games, but they may not be trustworthy or fair. On the other hand, some online casinos may offer low-volatility games, but they may be trustworthy and fair. It's important to research the reputation of an online casino before deciding to play its games.

In addition to the games' volatility, consider the bonuses and promotions offered by online casinos. Some online casinos may offer bonuses and promotions that increase the volatility of their games, while others may offer bonuses and promotions that decrease the volatility of their games. It's important to research the bonuses and promotions offered by an online casino before deciding to play their games.

Online casino volatility is a complex and multi-faceted concept that can change depending on the player's strategy, the game type, the casino's reputation, and the bonuses and promotions offered. Understanding the volatility of a game can help players make informed decisions about which games to play and how to manage their budget. However, it's important to remember that a game's volatility does not indicate its overall fairness or payout potential. It's always important to research and compare the options available and choose the one that best fits your playing style and budget.