High volatility slots are considered the top performers in terms of potential prizes. These are games that will not pay off often (or at all) during a playing session. But then, if you are lucky enough to land a win, the amount can be substantial. Of course, I'm not saying that big wins are a guarantee when it comes to slots with high volatility – with gambling, online or otherwise, there's never any guarantee of any sort. What I am saying is simply that winnings from these games can be sensational.
A word of caution: with these games, you need lots of patience and cash. I'll stretch the car analogy a tiny bit further – high-performance cars consume more fuel but reach greater speeds. Likewise, high volatility slots consume the player's money but have better payouts. So please, gamble responsibly.
How High Volatility Slots Work?
The gameplay of a slot with high volatility is identical to any other slot. The volatility is something which is coded in the game's software. This does not mean that high volatility games are set up to favor the casino. This is a total misconception – the slots I will list on this page are totally fair, and rely on RNG technology to ensure this fairness towards all players.
A typical example of a high volatility slot is a progressive jackpot game. Have you heard of Mega Moolah? They call it the millionaire maker because the top prize can grow to reach colossal amounts. And it has been won several times over the years. This is to show you that, yes, it is possible to score a win on a high volatility slot.
Medium volatility games strike a balance between low and high volatility slots. Some may find that this balance suits their budgets, risking a bit more than when playing slots with low volatility but not as much as when spinning high volatility games. There are lots of slots that fall in the medium volatility category, from superbly designed video slots to classic fruit slots with simple play. There are also various progressive jackpot slots that fit into this branch of games.
One video slot with medium volatility that I really dig is Fat Santa, a slot created by Push Gaming.
Low volatility slots offer a different playing experience than high volatility slots. Sometimes referred to as penny slots, you can generally play low-volatility slots with very small bets. This gives you the opportunity to play for a longer period and to maintain control of your funds at all times.
These types of games are set to pay more frequently, however, the prizes will be very low. Choose games with low volatility if you want to play with smaller stakes without putting too much money at risk. Perhaps, the best-known low volatility online slot of all time is NetEnt's Starburst.