Understanding Slot Variances

April 27, 2015

With hundreds of slots being featured in leading online casinos, players need to know which games are the best choices and which should be avoided. Unfortunately, many players make the mistake of simply choosing a game based on the return to player percentage. This is an average number that is offered to let players know the percentage the machine will pay back over time. A decent slot game will have an RTP of more than 95% with some offering as much as 99%. These games will offer some payouts and will usually offer frequent rewards of small values. For those that are looking to enjoy serious wins on a slot machine, they need to consider the game variance in addition to the RTP.

Variance is the same as risk, so players need to know tier budgets and how much they are willing to risk when playing a slot machine. The variance of a slot game will affect how the game pays out winnings and this can help players determine how much they will have to bet on a spin, how large their bankroll should be and how soon they can run out of money when playing.

Low variance games will pay low payouts frequently and very seldom will offer huge wins. These games are great for beginners as they can extend the playing time. While no super large wins will be enjoyed in most cases, these games can be enjoyed for long periods of time. Low variance games are best for those with small budgets and the main advantage of playing these games is making the bankroll last longer.

High variance games are those that do not offer frequent payouts, but when they do hit, they hit well. With these games, players will often have multiple spins with no payouts at all, followed by one that offers a significant payout. With these games, a larger bankroll will be required in order to play the game for a period of time that will make it beneficial.

There are also medium variance games, which combine the benefits of low and high variance games. These are great for low or mod rollers and can provide high payouts as well as low rewards that will allow for more playing time. When choosing any slot machine, take the variance into consideration as it can impact how often wins are enjoyed and even how much can be won.

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