Search
Variance In Online Slot Games

What Is Variance In Online Slot Games?

Slot variance can help you determine its RTP and payout percentage. Find all the details related to slot variance in this article.

Online slot games are versatile, engaging, and rewarding at the same time. Whether you are a recreational player or willing to become a dedicated slot gambler, you need to know about game slot variance and its importance.

This article will find a straightforward guide about slot variance and its importance.

What is the Slot Variance?

It is a unit to measure the expected range between the winning and losing frequ3ncy in any slot game. In other words, slot variance is the estimated range of how your bankroll will last while you are playing while considering both winnings and losses.

A Brief Idea

Slot variance is often associated with long-term gambling sessions. For ease of understanding, imagine you are playing an online game. A graph is used to map and denote your game performance. The graph is plotted on a horizontal; axis, while a curved line denotes your winnings and losses. In this case, the dips are your losses, and the peaks are your winning rounds.

The graph would look like a line drawing of high mountains with deep valleys nestled between the peaks.

The slot game is of high variance if the line comes with sharp peaks and deep and wide dips. That means, while playing this game, a gambler may encounter frequent losses with a few large winning payouts.

On the contrary, the game is of lower variance if the line looks like a combination of a few undulations with blunt peaks and smaller dips. That means you will get multiple small payouts.

Types of Slot Variance

Usually, slot games come with three types of variances-

High Variance Slot Games:  High variance slots games have a rare chance of winnings. But the winnings are larger. Being high-risk games, these offer higher rewards.

Medium Variance Slot Games: Slot games with medium variances usually come with an average risk percentage. You win multiple times, but not too often. Moreover, the reward is often average-sized in these games, neither big nor small. It is a great choice for anyone who does not want to play a high-risk slot game but wants to win more often with good rewards.

Low Variance Slot Games: Online slots with low variance have the lowest risks. You can frequently win while losing is quite a rare thing. But, these games usually offer a low amount of rewards, mainly small winnings of a few dollars.

First, start with low variance slots to get a game habit if you are a beginner. Then scale from medium variance slots towards the high variance games.

Variance vs. Volatility

While these two are quite similar concepts, they are different. The variance is related to long-term gaming and winning, while volatility measures the risk factor for small-time gambling sessions.

Conclusion

The variance of slot games is the chance of winnings and losses in long-term gambling sessions. Slots can have high, medium, or low variance. Players need to consider the variance of slot games to manage their bankroll and winnings effectively.

Read More
Play Fish Tables Game Online

What Are Fish Tables And How Do They Work?

Are you interested in online fish table games? Moreover, probably, you want to know how they work? Well, this article will take you through. Check it out! The shooting...

Online Fish Shooting Champion

Tips That Can Make You an Online Fish Shooting Champion

These most valuable tips will help you win the fish shooting game online to extract the highest possible payouts by wagering real money. Shooting games are drawing...

Casino Gambling Recommendations

Casino Gambling Recommendations For Newbies

This will sound like a no-brainer, even if it isn’t, but you’ll see why when you visit Thailand casinos. Finally, you’ve landed in a glitzy, raucous...

gambling job

Why gambling is a real home and remote job?

Due to the fact that people in online casinos make real money we can say gambling is a kind of a job position. Find out why so many experts claim that. Working from home...

Sportsbook Betting

How to be a better game of chance player this year?

Why don’t you use these tips in your togel hongkong activity this year? See our guides for having a more profitable and more pleasant casino experience in the 2021st...

Sportsbook Betting

Understanding Some of the Basic Forms of Sportsbook Betting

Sports betting has taken the world by storm. It is now legal in many states of the US and the rest of the world, including Asia. This means sportsbook betting Singapore...

Win By Playing Online Lotteries

Different Types Of Prizes You Could Win By Playing Online Lotteries

If you are a player of the online lottery game and don’t know about the prizes that the lottery company offers to the customers, this article may help you make the...

Playing Togel Singapore

How To Manage Deposits And Withdrawals While Playing Togel Singapore

Togel Singapore is one of the most entertaining games. But more than that, you will also be able to enjoy great deposits and withdrawals in time if you choose the right...

Amenities Offered by the World’s Largest Casinos

The largest casino resorts offer an amazing selection of games, amenities, and plenty of entertainment options When we think of the world’s largest casinos, big-guns...