In recent years, high variance slot have become legendary in the gambling community thanks to the popularity of online slots, especially progressive slots.
One of the most amazing and thrilling parts about playing these exciting and fast-paced slots is that players fantasize about triggering a multi-million win. But, aside from daydreaming, high volatility slots are a serious business..
So, if you’re a regular player of online slots, how can you know if these high-variance games are worth your time and effort? Continue reading to learn helpful hints for answering this question based on your slot tastes, gaming bankroll, and experience.
High Variance Slots: What Are They?
Variance indicates what kind of outcomes the slot machine will deliver over time. A game’s real-world score differs from the average result based on how far the actual results differ from the statistics.
Weeks and months don’t matter to it. Rather than counting changes, variance measures the likelihood that results will change.
The odds of winning are slim if the variance is high. In the grand scheme of things, it’s impossible to tell how different each victory is from the next.
The variables in your sessions can also mean that they can quickly go off-track if you do not have an exact plan in place for each spin.
What’s the Difference Between High Variance and High Volatility?
There are specific differences between these terms when it comes to online slots. They are often used interchangeably, but there are a few differences you need to know.
A variance can be defined as a measure of change over time and is not limited to a particular period of time. Volatility analyses the fluctuations in the results over a certain time period, such as a week or a month.
We’re focusing on this page on high variance slots, which are characterized by their unpredictable long-term outcomes. However, if a slot game is extremely volatile, the short-term outcomes are unpredictable.
The two terms are inextricably linked. The difference between volatility and variance ratings results from the fact that volatility ratings are generally available. In addition, volatility ratings can be used to predict a slot’s variance.
High Variance Slots: Factors to Consider
You should understand both the good and the bad points of any slot game, especially a high volatility one, before you begin playing. Let’s look at the advantages and disadvantages of high variance slots with this in mind.
There are many advantages to high variance slots
A certain audience of gambling enthusiasts loves high variance slot machines. There are two main reasons for this:
A huge payout
Specific casino games have always been marketed as high payouts, attracting big crowds. Compared to regular slots or table games like blackjack, these games are much more rewarding due to the huge payouts that can reach into the millions.
Additional Exciting Sessions
There is no doubt that for many players, this is a major factor in their decision to play these volatile games. Every spin is more exciting than a low variance slot machine because you never know when the next jackpot will drop.
Here are some drawbacks of High Variance Slots
However, these types of games do have a significant downside, as well as offering fantastic benefits. The following are the two greatest downsides of high variance slots:
It is necessary to have a large bankroll
High variance slots can eat up to 200 times the base bet within one hour; the bankroll size needed for these games is the most obvious barrier to entry for many players. You should avoid these games if you don’t have an extremely large bankroll.
The chances of winning are few and far between
The majority of slot players do not like to wager round after round and lose when the reels stop spinning. It is still necessary to accept this risk if you want to play slot machines with high variances. These games are characterized by prolonged droughts of lost spins.
Playing high-variance slots is a good idea?
As a slots player, it entirely depends on your temperament whether you should try out high variance slots.
It is best to stick with low variance games when you have a limited bankroll and cannot afford to lose for an extended period of time. These games, on the other hand, are well worth a try if you have the money to back up a long streak of large and unexpected losing bets before hitting a massive victory.
It is important to choose your bets carefully before playing these exciting and entertaining slot games. When you’re not betting responsibly, they will drain your bankroll in an instant.
If you use a sensible betting strategy and have some luck, you’ll probably land one of those amazing wins comparable to those you’d see in large poker tournaments.