Volatility and Return to Player, or RTP, are the two main characteristics that determine the amounts and frequency of winnings in online slots. Therefore, it is crucial for players to understand these concepts as they impact gameplay.
Learn from this article how to evaluate volatility, variance and RTP in online slots and how to choose pokies that suit your gambling preferences and budget, for example, on rocketplay13.com/pokies/all
Explaining Variance and its Impact
Variance and volatility are two terms that explain the fluctuations that players will experience in their bankroll when they play Australian casino online pokies. When you play a pokie game, the risk you face is determined by variance and volatility. Essentially, variance describes how much your profits and losses can fluctuate while playing the game. By understanding variance, you can get an idea of how much you stand to win or lose.
There are three main types of pokies:
- Low volatility or variance pokies,
- Medium variance pokies and
- High volatility pokies.
Also, there are some in-between games, such as pokies with low-medium and medium-high volatility.
Understanding Return to Player (RTP)
Return to player is another crucial characteristic for online pokies. It shows the percentage of all bets to winnings over a long period. The best online casinos in Australia offer their visitors games with high RTPs of 97-99% and even higher. When you choose Rocket pokies online you can expect high RTPs and high payouts in these games.
Also, there is no direct relationship between volatility and RTP. Pokies can have high RTP and low volatility and vice versa.
High vs Low Volatility Slots
Low volatility slots offer smaller wins and short periods of losses. These games will be a perfect choice for beginners and low-stakes players. Here, players do not win considerable sums but do not lose much. High volatility pokies envisage more significant risks, but they offer big winnings. They have rare payouts, but players can catch a significant win.
An example of a high-volatility slot is the Take Olympus game. It offers a win of up to $140 thousand. However, players do not win in this slot very often. At the same time, Take Santa’s Shop is a slot with low volatility. Its maximum win does not exceed $11 thousand, but players win in this game more frequently.
Tips for Choosing Slots Based on Volatility
When playing pokies, choosing games that suit the player’s bankroll and playing strategy is important. To do this, gamblers should consider each game’s RTP and volatility details. Pokies are games of chance, but players can increase their chances of winning by choosing suitable games.
In particular, if you have a limited bankroll, it is better to play low-volatility pokies. If you have a larger bankroll, you might want to consider starting with more volatile games. However, be aware that these games come with high risks. Despite the bankroll amount, it is crucial to remember to gamble responsibly.