How to Master Pokies Volatility: A Full Guide for Australians in 2024

What is the volatility of online slots?

There is a risk with online slots called “volatility.” It shows you how much you could win both visually and numerically. These slots pay out more often but for smaller amounts. Slots with a high variance level pay out bigger amounts less often. Players can choose the best gaming plan by finding out how dangerous a game is. They may therefore strike a balance between their capacity to weather losing streaks and their ambition for large victories.

How to determine slot volatility?

The slot volatility is determined by examining: 

1. Paytable. Look at the payment rates for the top jackpot and lower-level wins. When numbers are high, instability is also high;
2. Frequency of wins. Find out how often good matches happen. It’s more volatile if you win less often but get paid more. It’s less volatile if you win more often but get paid less;
3. Features of the game. Look for features like wilds, scatters, and bonus rounds. Bonus rounds that offer big wins, like doubles or free spins, are a sign of higher variance;
4. Provider information. Learn what kind of name the person who made it has. Some are known for making games with a lot of fluctuation, while others make games with less volatility;
5. What players say. Read the comments to get a sense of what’s going on. A lot of people have had different situations, but there may be some patterns that start to emerge.

Types of volatility in online slots

Volatility, which can have different names, is the amount of risk and profit that comes with an online slot game. Check this number to find out how often and how much a slot machine gives out. This important part of slot games comes in three main types, and each one gives players a different experience:  

High volatility slots

Some high volatility slots pay out a lot, but not very often. Huge wins come in short bursts after long periods of no wins. Players have a better fair go of winning huge sums or extra features, but they can run out for a while. People who like to take chances and feel the rush of big wins like high volatility slots, even though they can be unreliable.

Here are some examples of popular high-volatility slots:

• Book of Dead
• Dead or Alive II 
• Bonanza 
• Danger High Voltage 
• Gonzo’s Quest Megaways 
• Immortal Romance 
• Jammin’ Jars 
• Money Train 2 
• Razor Shark 
• Wolf Gold 

Slots with medium volatility

A lot of people find that medium volatility slots are fair and fun. In these games, it’s normal to win sometimes big and sometimes small. Slots with this type of volatility offer longer wins and more stable returns than slots with a high volatility level. This mix keeps players interested because it doesn’t have the sharp highs and lows that come with high volatility slots. People who like slots but don’t want to risk a lot of moolah love medium-volatility slots.

Here are a few well-known medium-volatility slots:

• Starburst
• Gonzo’s Quest 
• Thunderstruck II 
• Dead or Alive 
• Twin Spin 
• Wolf Run 
• Raging Rhino 
• Immortal Romance 
• Extra Chilli 
• Reactoonz

Low volatility slots

The slots with less volatility are more calm and more stable. These games give very tiny yet regular prizes. Clubs seldom go winless and wins are closer together. Smaller rewards than high-volatility games are offered by low-volatility slots, which are perfect for players who like to play slowly or without taking a big risk. These are the games that both new gamblers and those who just wish to play.  

Here are some examples of popular low-volatility slots:

• Starburst 
• Blood Suckers 
• Mega Joker 
• Rainbow Riches 
• Esqueleto Explosivo 
• Jack and the Beanstalk
• Big Bad Wolf 
• Secrets of the Phoenix
• Cleopatra 
• Gemix 

Volatility vs. Variance

In slot games, volatility, variance, and meaning are sometimes used to mean the same thing.

A slot machine’s variance tells players how often and how much they could win, which shows the risk and return. When fluctuation is high, there are more wins but not as many often ones. When volatility is low, you win less often but more often. 

Variance is the statistical measure of the changes in rewards across time. Wider payout rates on riskier slots may lead to both large wins and extended periods of no wins. Low-risk game payouts are more steady and vary less.  

Conclusion 

Finally, Aussie players who want to be the best they can be in the always-changing world of online pokies in 2024 need to understand the finer points of volatility. If players know how fickle pokies are, they can change how they play based on their personal preferences and risk tolerance. Understanding volatility will help players win more often in the world of online gaming, where things are always changing. This is true whether they like the thrill of high-volatility slots or the steady payouts of low-volatility ones. Good luck with your playing, and may all of your experiences with unpredictable pokies go well.