What Are High Variance Slots?

Are you a fan of online slot games? If so, you might have come across the term “high variance slots.” But what exactly are they, and how do they differ from low variance slots?

In simple terms, high variance slots are slot games that offer higher payouts but with a lower frequency of winning. On the other hand, low variance slots provide more frequent but smaller payouts.

To understand better, let’s take an example. Imagine you are playing a high variance slot game with a maximum payout of $10,000.

In this game, you might have to spin the reels numerous times before hitting the jackpot. However, once you do hit it, your payout will be substantial.

In contrast, a low variance slot game with the same maximum payout might offer several small payouts before hitting the jackpot. In this case, your overall winnings may not be as high as in a high variance slot.

Now that we have defined high variance slots let’s look at some of their characteristics:

1. High Risk: High variance slots carry more risk than low variance ones because they offer higher payouts that are harder to win.

2. Large Payouts: As mentioned earlier, these types of slots provide larger payouts than low variance ones.

3. Fewer Wins: Players may have to spin the reels multiple times before hitting anything significant in terms of winnings.

4. Longer Play Time: Due to fewer wins and larger payouts at stake, high variance slots often require more extended playtimes to achieve significant wins.

5. More Excitement: The thrill of playing and potentially winning big makes these types of games more exciting for some players.

If you’re someone who enjoys taking risks and chasing big wins in online casinos, then high variance slots may be for you! However, if you prefer less risk and more frequent but smaller payouts, then low variance slots might be more suitable.

It’s essential to note that like any other gambling game, high variance slots come with their drawbacks. While you stand to win bigger payouts, you also risk losing more significant amounts of money in a shorter period.

In conclusion, high variance slots offer high rewards but at a higher risk. If you’re looking for an adrenaline rush and the chance to win big, give them a try! But remember to gamble responsibly and set limits on your playing time and budget.