The volatility, also known as the variance, indicates the frequency as well as the size of the winnings of a slot machine. It is thus an essential factor to be taken into account in order to understand if a video slot will pay often or not and if the profit one may hope for will potentially be important or not.
A low volatility slot pays frequent yet small winnings. On the other hand, a high volatility slot allows players to make huge wins, but winning combinations are scarcer. What about medium volatility online slots?
First of all, one must be aware that medium volatility is the only variance for which there exists 3 different degrees: the medium low, the medium and the medium high. That is why it suits practically all players.
The medium variance indicates a slot machine which presents the following characteristics:
A medium payout frequency (more than for high volatility slots). The Hit Frequency being usually higher in medium than in high variance, we say that these machines constitute a more moderate risk in the sense that the likelihood of making winnings during every bet is much higher.
Medium-value winnings (more important than in low volatility).
Let us not forget that the volatility is a piece of data supplied by the slot provider. It gives us an idea as regards to the frequency and the importance of the overall winnings. Of course, it is also possible to make some massive wins with such a slot and some small wins with a high volatility slot.
What is a medium volatility slot?
As its name suggests, medium volatility slots are a happy medium between low and high volatility.
On average, the winnings are more important than with a low volatility game and players may even make some big wins if luck is on their side, however they will be less frequent.
In comparison to a high a volatility slot, the winnings combinations are more numerous and payouts more frequent. These machines display a greater hit frequency and therefore present fewer risks. The winnings are a little less important, and massive wins are usually uncommon, however the player may nonetheless hope for some big wins.
Gonzo’s Quest from Netent, Vikings go Berzerk from Yggdrasil and Jumanji from Netent again are somes examples.
What is a medium-low volatility slot?
A medium low volatility slot displays more frequent payouts that a classic medium volatility slot game but winnings combinations fall less often. These slots have a higher Hit Frequency than the medium ones and equate to lower risk.
Some examples : BerryBurst, Mega Fortune Dreams and also Asgardian Stones.
What is a medium-high volatility slot?
A medium high volatility slot is closer to high group for the sum and the frequency of the winnings is more important than for the medium group. One may obtain big wins and even some huge wins! It therefore targets especially high roller players!
Jack and the Beanstalk and The Wish Master are good examples.
What about RTP (Payout) ?
The Return To Player, more commonly called RTP by british bettors or Payout, presents itself in the form of a percentage. It defines what proportion of the bets wagered in a slot is paid back to players. Thus, an RTP of 96% signifies that 96% of the money wagered goes back to the player in the form of medium-sized winnings when we speak of medium variance.
Starting from this principle, it is by combining a high RTP (over 96.50%) and a medium-high volatility that the chance of winning big are most important in the mid-sized variance category. Kings of Chicago is an excellent example of a medium high volatility slot which displays an important RTP (97.84%). We could also mention The Wish Master and its Payout of 96.65%.
What about Hit frequency ?
We also invite you to take the Hit Frequency into account the Hit Frequency of every machine since the higher the percentage the more winnings round there will be. It can lie anywhere between 15% and 50% however it is generally around 20-30%. A Hit Frequency of 20% implies that on average, 20 bets out of 100 will generate winnings, this figure goes up to 35 bets out of 100 for a Hit Frequency of 35%!
For example, on top of a high volatility and an important RTP, The Wish Master possesses one of the most impressive Hit Frequencies (38.17%). Thus, the potential of this machine is enormous!
Do note that the technical datasheets supplied by the slot providers not only give the general Hit Frequency but also the Hit Frequency for the Free Spins or for the Bonus Game Features for example, which indicates at which average frequency these special features arrive.
Player profile: for whom are these machines ideal?
The online slots which fit into the medium volatility category are aimed at all players, regardless of their profile, and that is precisely what makes them so attractive. Only high roller players who play solely to make massive wins (Bet X…) and enormous jackpots may find that they do not fulfil their needs.
The most successful online slots which are also the most iconic ones fit into the mid-sized variance category. This is notably the case of Vikings Go Berzerk by Netent, Cleopatra by IGT or Immortal Romance by Microgaming.
These online slots have the advantage of frequently paying out interesting winnings, especially the medium-low ones. It is possible to make bets with all kinds of budget, winning rounds are frequent enough for players to maintain their bankroll and for the playing session to be long enough for it to be entertaining and hold out hope for big wins.
Thrill-seeking players who wish to try and obtain some massive wins will focus on the best medium high variance slots. On the other hand, players who want to limit the risks will look at the best medium low games.
Find below great additional and different kinds of medium volatility video slots :