Understanding Volatility in Slots
What does slot volatility mean, and how does it affect your chances of winning when you play online slots?
What does slot volatility mean, and how does it affect your chances of winning when you play online slots?
Playing slots at your favourite online casinos like Housebets can be a lot of fun, especially if you understand the basics.
As a slot player, when you start factoring things like Return To Player, bonus features, maximum win and minimum bet amount, you improve your chances of winning, even though luck is still the major factor in slots.
However, one other thing that you should pay attention to before playing a slot game is the slot’s volatility.
This is because knowing a slot's volatility can shape the decision you make, especially with your bankroll and the type of game you play.
What is Slot Volatility?
A slot's volatility simply measures how frequently a slot game pays out and how big these payouts are. In other words, it simply lets you know as a player how often you are likely to win when you play a particular slot game and the size of your win, depending on the amount used to wager.
Types of Slot Volatility
Given that a slot’s volatility helps you measure how frequently you can win, you can categorise a slot’s volatility into five major categories.
Low Volatility: These types of slot games offer you a chance to win frequently, but the payout is always small. The max payout is around 300x your original stake, but you get to win on every spin frequently.
Medium Volatility: This type of slot is popular among players because its volatility is neither high nor low. It is the perfect balance between slots with low and high volatility. Wins are often frequent, and the payout is also bigger than what slots with low volatility pay.
Slots that have medium volatility at Housebets include Big Bass Bonanza.
Medium-High Volatility: This is also popular among players as it offers players the chance to win big at a frequent rate without the risks associated with slots with high volatility. One of the slot games with medium-high volatility at Housebets is Sweet Bonanza from Pragmatic Play.
High Volatility: These slot games are not for the faint-hearted, as your chances of winning frequently are very slim. However, while it does not allow you to win frequently, it offers a big payout on the rare chance that you eventually win. Some of the slots with high volatility that you can play at Housebets include Gates of Olympus, Wanted Dead or a Wild and Sugar Rush.
What’s the relationship between RTP and Volatility?
If you are a beginner, it is easy to confuse RTP and volatility as the same thing. Although they both provide clarity on potential wins, they are not the same thing.
RTP, which is known as Return To Player, is the theoretical payout that indicates how much a slot game will pay back to players over a period of time. It provides an average expected return but doesn’t account for the distribution of payouts.
For example, if a Slot has an RTP of 95%, players will receive $95 for every $100 wagered on average. Most times, slots with a high RTP have low volatility, meaning you are likely to win more often, but the payouts will be small. You can read more on how RTP is calculated here.
Does Housebets have Slots with different volatility levels?
Yes, you can play slots that have high to low volatility at Housebets. All you need to do is create an account and deposit your preferred choice of cryptocurrency to fund your bets.
How do I deposit to fund my bets at Housebets?
It’s easy and simple as long as you follow the simple steps below:
- Go to Housebets.com
- Log in to your account or sign up if you don't have an account
- Click on Wallet
- Click on Deposit
- Click here to view and select your preferred Cryptocurrency
- Choose your preferred Cryptocurrency and network
- Copy the Wallet address or scan the QR code and transfer from your wallet.
- Coins will be deposited automatically after 6 network confirmations.
Why should you choose housebets?
Housebets has some of the best offers on the site and amazing bonuses, including a 200% welcome bonus and a chance to pre-mine $1M of tokens. Also, you get to enjoy easy transactions.
You can deposit into your account with any preferred currency of your choice, with a fast payout option on winnings.
There is a wide range of casino games to choose from. In the sportsbook section, you can also bet on live events, tennis, American Football, soccer, basketball, and other sports.
