Online slot games are among the most popular. With a wide variety of options available, slot machines offer players the chance to win big while having fun. Some slots have low variance, while others have medium or high variance. The variance of a game refers to the frequency and amount of payouts. High-variance slots pay out larger amounts much less frequently than low-variance slots.
Low-Variance Slots
These types of games are popular among casual players who enjoy frequent payouts and extended playtime without risking much money. The payout rate is typically between 90% and 95%. Accordingly, for every $100 wagered on a low-variance slot machine, players can expect to receive back anywhere from $90 to $95 in winnings over time. The symbols on the reels in low-variance online slots usually consist of lower-paying icons such as fruits or playing card suits. Occasionally there may be a wild symbol or scatter symbol included as well. Examples of popular low-variance online slot machines include Starburst by NetEnt and Bonanza by Big Time Gaming.
Medium-Variance Slots
Medium-variance online slot machines fall somewhere in between low- and high-variance games regarding payout frequency and size. They offer players a balance between frequent small payouts and occasional larger payouts. The payout rate is typically around 96%, meaning that for every $100 wagered on these machines. Players can expect to receive back about $96 in winnings over time. The symbols on the reels in medium-variance online slots usually include both lower-paying and higher-paying icons. These games often have a free spins bonus round that can lead to larger payouts. Examples of popular medium-variance online slot machines include Immortal Romance by Microgaming and Dead or Alive by NetEnt.
High-Variance Slots
These types of games are favored by experienced players who enjoy the thrill of chasing large payouts, even if it means risking more money. In high-variance online slots, the payout rate is typically around 97%, with some games offering even higher payout rates. This means that for every $100 wagered on high-variance slot machines, players can expect to receive back about $97 in winnings over time. The symbols on the reels in high-variance online slots usually consist of higher-paying icons such as gold bars, diamonds, or luxury items. These games often have bonus rounds that can lead to massive payouts but are difficult to trigger. Examples of popular high-variance online slot machines include Gonzo’s Quest by NetEnt and Book of Ra Deluxe by Novomatic. To learn More about the author, visit his official website.
Which type of slot game is best?
The type of slot game that is best for you depends on your personal preferences and gambling style. You might enjoy low-variance slots if you like games with frequent payouts. However, if you’re looking for bigger thrills and potentially larger payouts, then high-variance slots may be more your speed. Remember that high variance slots offer significant rewards. They drain your bankroll quickly if played without caution. Make sure you understand how a high-variance game works before diving in headfirst.