When players talk about how often slot machines payout and how much they pay in Online Casinos, they also talk about something called “variance.” Variance is also known as “volatility” or “payout frequency”. It is about how often a slot machine gives out big prizes and how big those prizes are. Three primary types of variance exist:

LOW VARIANCE SLOTS
These games give out prizes often, but the prizes are usually small.

MEDIUM VARIANCE SLOTS
In these games, players win quite often. Getting both small prizes and bigger ones.

HIGH VARIANCE SLOTS
Players might go a while without winning in these games, but when they do win, the prizes are really big.

Usually, casinos and slot games don’t tell you about a game’s variance on the list of prizes. However, players can find this information online or figure it out themselves by playing free slot games. Just spin the slot machine’s reels 100 times in a free game and write down what prizes you get. If you get small prizes a lot and they’re not much more than twice the amount you bet, then the game is probably a low variance slot. If the opposite happens, then it’s likely a high-variance slot game.

You can typically find low-variance slot games in penny slots and games with small prizes, such as Quick Hit. Most slot games with big progressive jackpots, like Mega Moolah, have high variance. This makes sense because they have really big jackpots to win with Innwa8.