If you play online slots, there are a few things you need to check before you choose a game. After you’ve picked a reel spinner that catches your eye, you’ll notice that the information about it details its RTP percentage and volatility. Volatility refers to the risk levels of a game and how often it is likely to pay out.
Once you understand volatility in slots, you can apply this knowledge to other areas, such as finance. The cryptocurrency market, for instance, is another place in which volatility plays a huge role.
Volatility in Slots – What You Need to Know
Players who are serious about online slots often search for the highest RTP slots, as these are technically the ones that should provide the best returns. However, this isn’t set in stone, and there are various intricacies at play that you should be aware of. Still, some of the best in this regard on the market include a range of titles from Big Time Gaming, such as White Rabbit, Golden Catch, and Millionaire Rush. All these titles offer an RTP higher than 96 percent.
Aside from RTP, volatility is the other important metric that players need to consider before spinning the reels on a game. It essentially indicates how often and how much you can expect to win during your gameplay when you analyze it alongside the RTP. Slots generally come with low, medium, or high volatility. The latter games are characterized by less frequent wins, but they also offer the potential to win larger amounts. Low-volatility games have frequent wins with smaller payouts, and medium-volatility slots are in the middle with a moderate level of risk.
Different volatility levels suit a diverse range of players. Some gamblers like the idea of having the chance to win big, and they’re swayed towards the high volatility games. Others prefer to pick up small wins on a regular basis, which leads them to the low volatility slots.
Appling Volatility Knowledge to Cryptocurrency Markets
After you’ve grown used to the concept of volatility in the slots market, you can apply it elsewhere. The cryptocurrency markets are renowned for their volatility, and the risk versus reward on some of the tokens is akin to gambling. Long term holders don’t like this, but it is beneficial to swing traders who try to capitalize on the swings in the market.
When you invest in Bitcoin or any other cryptocurrency, you need to do careful research and assess how much risk you are willing to take on for the potential rewards available. Experienced traders do this using modern portfolio theory, which involves weighted diversification across different asset classes ranging from low to high risk. When comparing crypto to slots, a memecoin like Dogecoin could be considered high volatility, while Bitcoin, in comparison, would be low volatility.
Volatility is one of the key elements of slots, and you need to know what a game’s setting is before you start playing. It’s related to risk versus reward, and it’s up to you how much you are willing to wager based on the potential wins and losses.
