There is no doubt that online slots are among the simplest casino games to play. You don’t require special skills to play this game, but many players cannot reap the benefits of playing online slots because they do not understand the mechanism of the game. As a result, many players claim that the gameplay is rigged in favor of the casino. On the contrary, if players understand slots variance, they will know how to select the right game.
Variance in online slots
Variance in online slots refers to the risk involved while wagering your money. Online slots games are designed as low-, medium- and high-risk game. The variance of a slots game is very different from the payout level of a game, so don’t think they mean the same thing.
Risk has no bearing on the payout since online slots games are programmed to offer players a fixed percentage return. Therefore, if you are playing a game that has a payout percentage of 94%, the variance of that online slots game will have no effect on this return. However, the variance will impact the kind of payment the game offers, but not the overall payout.
If you don’t want to lose a lot of money, go for a low-variance game. Here, you will be able to win several payouts, but for small amounts. Usually, low-variance games are for players with a limited bankroll.
Medium-variance online slots offer a mix of low and high payouts. If you don’t mind losing every few spins, this type of online slot could be a perfect choice. You increase your chances of winning a higher payout if you go several spins without winning, but you can still find solace in small payouts that are quite common.
If you like taking risks, high-variance online slots could be just what you need. Often life-changing progressive jackpots fall in this category, where you risk more to win a huge payout. However, this is usually for players with large bankrolls as they can go several spins without winning.
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