Slots and Pokies Volatility Lesson. What is high volatility?

Fair Go Casino Pokie Slots Volatility Lesson What is volatility? What is variance?

As part of the 5-Year Anniversary celebration, Fair Go Casino wants to teach you about pokie and slots volatility. Volatility means the likelihood that a game will pay out plus the amount it awards with each payout. We have added some additional information to Fair Go's original lesson, so blame any spelling and grammar errors on NoLuckNeeded.com.

This article's focus is high volatility pokies and slots. High volatility games pay out less often but with larger payouts. Low volatility games pay out small wins more frequently.

High volatility or high variance games don’t pay out all that often, but when a prize or bonus round is triggered the payouts can be very high proportional to bet size, compared to the low volatility games. High volatility pokies and slots are for players and punters who prefer big payouts to more frequent smaller payouts. A player or punter who wants to stretch their gambling budget may want to choose low volatility games to play longer on less money. Someone who is looking to "hit a big win" may want to play the high volatility games. High volatility games will tend to use up your gambling budget more quickly if they are not hitting well.

Thanks for the clarification) it was interesting to read

Good to know about volatility and variance... I would prefer low volatility games.