Slot RTP Vs. Volatility – What Exactly is the Difference?
Return to Player (RTP) can be a mathematical way to calculate how much money a slot machine will pay back over some time. For instance, the RTP of a 5% house edge will be 95%. Like, $0.95 of every $1.00 released from the machine after many spins running into hundreds of thousands will go to the players. The machine keeps $0.05.
To find out the RTP of a slot, you can read the section that gives out information about the game. You can also find it in the scheme for payout, or you search google if you could not find it in any of these places.
Volatility shows you the risk level of the slot you are about to play, whether it is high, medium, or low risk. As a term, it refers to combining three elements of slots game and in turn shows how much fun you experience while playing online. The elements are the frequency of the payouts, the amount paid out, and the level of risk involved in the game. The metrics will let you select the slots that are best for you and hint you the amount you will win or lose if you play the games in the slot.
Volatility Types in Online Slots
There are types of slot volatility, and they include:
A slot with high volatility will have high risk, does not pay often but pays big whenever it does. It has many advantages, and it is mostly enjoyed by people who love to take risks. Those who easily get discouraged may not be able to go for high volatile slot games, but it is worth it for those who are courageous because it has an attractive RTP of more than 96%, which will thrill every game player.
Aside from having this fair RTP, most games with high volatility have unique lucrative bonuses that will increase your payout.
For instance, a game like the Immortal Romance is loaded with a bonus of five added spins at no extra cost, and Dead or Alive has a feature bonus of three spins at no charge. One can also get several wins with The Book of Dead spins.
However, it is necessary to know that playing highly volatile games needs the application of the right mindset, and one should budget well as most times, players lose a lot of money playing such games slots more than they do in other slots.
The medium volatility slots are the most common slots for players. It is like a balance between the highly volatile and the low volatile slots. Their payouts are smaller, but they have a high value and comes more regularly. Another beautiful thing about medium volatile games is that players are offered many bonus features, which adds fun to the games and gives players more chances to win more money.
These games slot have high-value jackpots, and the games can be played for a longer period, especially if one budget right. Talking about jackpot, a medium volatile game such as Thunderstruck 2 offers an amazing jackpot worth about 2.5 million coins with four spins’ bonuses without extra pay.
Now, one can play this slot for an extended period and get even more free spins that could generate more wins, and who knows, you could win in a big way.
Other such games are North Storm and Jumanji, which are both great and can lead to players winning big payouts, but they need patience and good budgeting. Also, some experience will help out too.
Low volatility slots are more like the opposite of high volatile slots. These slots give out faster payouts that are low in value. Players get many payouts when they play games in this slot at an average of just five or ten spins, and these frequent payouts though quite low, draw the interest of new players to the game.
Bigger wins may occur once in a while in these low volatile slots, but someone cannot compare the value of such wins to that of the high volatile slot. However, gamers can now save money at casinos, as they are faced with less chances of losing.
Some players like playing the games in this slot; Big Bad Wolf, Starburst, and Blood Suckers 2, because they enjoy the fun, excitement, fast pace, and the low risk involved in it. It is common to see fun seekers and people with low budgets playing the low volatile game slots.