As the overall gambling industry has become larger and more regulated the many games available to play have got better and better, which just proves the naysayers wrong when it comes to the effect of gambling regulations on the industry.
Without The Gambling Act 2004 in the UK, for example, online casinos and online slot developers would not really be able to advertise their products, and therefore the interest would surely be a lot less.
Another great offshoot of The Gambling Act and other regulatory legislation like it is the fact that it forced online casinos and slot developers to disclose more information about their games. This is where RTP comes from, otherwise known as Return To Player, and it is also where the concept of slot volatility comes from too.
Keep reading for a lowdown on slot volatility, also often referred to as variance, and also a comparison between high volatility slots, low volatility slots and access more options.
What is slot volatility?
Slot volatility is a concept that all slot gamblers really should know about, however it often gets left at the wayside, with more emphasis typically going on RTP. In reality both of these pieces of information are as important as each other, and a successful online slot gambler will know how to use both to their advantage. Slot volatility refers to how easy or hard it is to win large or small prizes on a specific slot game.
For instance, if you are playing a high volatility slot game it is better to bet with larger amounts, as this will make the potential of winning a large prize bigger. On the other hand, a low volatility slot is better suited to slot gamblers who enjoy placing small bets and making small wins, in the hope that they will eventually add up to a nice total.
The pros and cons to high volatility slots
The biggest positive to high volatility slots is that they make huge jackpots possible, in a way that just isn’t possible on low volatility slots. And they are especially well suited to high rollers, mainly because their framework is inherently focussed on rewarding large bets with large cash prizes.
However, the main con from high volatility slots is that they tend to need a higher bankroll to have success on, on account of the fact that large bets are required to unlock the large prizes. Moreover, you will tend to find that high volatility slots have slightly worst RTP ratings than low volatility slots.
The pros and cons to low volatility slots
The best thing about low volatility slots is that they make it extremely easy for gamblers to compete on the slots with a small bankroll. These slots are perfectly suited to small bets, with small prizes regularly on offer. If you have the patience to play low volatility slots for a few hours you probably have a better chance of amassing a fortune than on a high volatility slot.