If you’ve been active in the online login joker123 gambling community for any amount of time, then it’s probable that you’ve also looked up strategies on how to better your luck at most of the games.
There are forums and threads like Slot Fanatics, dedicated to slot machines and determining the best strategies to raise their chances of winning.
Within these forums, terms are often thrown around to describe the predictability and viability of long-term and short-term results.
In this article, we’ll be discussing slot volatility and slot variance.
Volatility and Variance
These two terms are used interchangeably in the gambling world because they both deal with the unpredictability of wins and losses.
This technical aspect of slot gaming delves into the mathematics of slot RNG, trying to understand the programming of the game to calculate how often you would need to play before winning.
Although these terms are similar, there are some differences.
The term volatility refers to the short time risk taken when playing slot games. Specifically, it refers to how often you can win and how much you can expect to earn.
Slots with a low Volatility offer low risk, and low reward. With these slots, you can expect to win often. These are better suited for short people who want to avoid unnecessary risk, but still want to try their hand at gambling.
Slots with a higher volatility rating offer high risk and an even higher reward. Although the chances of you winning are low, the earnings you’d make from winning are oftentimes worth the previous losses.
These slots are better suited to regular players or veterans who fully understand the risks need to win.
Most slots offer a volatility rating, allowing you to choose which one you’d like to try your hand at.
Variance is used to determine the long-term unpredictability of both wins and losses.
In this context, the variance of a slot refers to the deviation of the said slot from a certain expectation. This expectation is called the Return-to-Player rate or RTP.
The RTP rate refers to the percentage of how much money the slot will pay back to its players over time. This is a long-term result, which means a single player can’t expect to make that money back in one game.
RTP is a safer way of choosing which slots to bet on. No matter how volatile a slot may be, its RTP remains constant.
Things to Take Note Of
When talking about the variance of a slot, you should take into consideration that all slot machines are a long-term risk. Naturally, the more you play, the higher your chances are of losing.
Even if the RTP rate is constant, some slot machines won’t reach the pre-programmed number until after a million spins. It’s an unpredictable constant.
Fr this reason, you should manage your available funds before committing to a certain slot. What may have started out as you playing low volatile games to pass the time, can also devolve into you losing more often than you had expected to when moving over to highly volatile games.