Volatility In Online Casino Slots GamesBy: Shirley Spicer, Tuesday September 1st 2009
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Everybody understands what volatility in the stock market is. When the stock market fluctuates between very high and very low values we say that it is volatile. The same concept applies to online slot games. There are some slot games that in the short run either pay out large amounts or almost nothing. Therefore the player will either make a big winning or lose a large amount. These are referred to as slot games with high volatility. On the other hand there are slot games that in the short run would usually pay out small amounts regularly. On such slot games the players will either win small amounts or lose small amounts. These are referred to as slot games with low volatility. In between these two extremes are slot games with medium volatility.
In order to identify if a slot game as high volatility, medium volatility or low volatility the player needs to check out the payout table. He should examine the payouts for five of a kind for the various symbols on the reels. This payout is expressed as a number which is a multiple of the number of coins wagered. It is also known as the fixed jackpot. For example if the payout for five of a certain symbol is 2,000 then it implies that for every coin wagered by the player the payout is 2,000 coins of the same denomination. The difference between the highest payout and the lowest payout for five of a kind is an indicator of the volatility of the online slot game. In most online slot games the lowest fixed jackpot is usually around 50 or 100 coins. Therefore the value of the highest fixed jackpot can be considered as an indicator of the volatility of the slot game.
Online slot games with very high volatility are those games that offer the highest fixed jackpot of 50,000 coins or more. Some such slot games are American Icon (100,000 coins), Big Kahuna Snakes and Ladders (100,000 coins), Break da Bank Again (75,000 coins) and The Right Prize (300,000). In such slot games if the players hit the highest fixed jackpot they win amounts comparable to progressive jackpots. Otherwise they may play for hours and keep on losing their wagers. There are few online slot games that fall in this category because not many players would like to take such high risks.
Online slot games with high volatility are those games that offer the highest fixed jackpot of more than 10,000 coins to 50,000 coins. There are many such slot games. Some of the popular slots falling in this category are $5 Million Touchdown (15,000 coins), Daily Horoscope (25,000 coins), Solomon's Mines (40,000 coins) and Spike's Nite Out (15,000 coins)
Online slot games with moderate volatility are those games that offer the highest fixed jackpot of between 5000 coins and 10,000 coins. Most of the online slot games will fall in this category because most players are moderate risk takers. Some of the popular slots falling in this category are Magic Monkey (6,000 coins), Mermaid Queen (7,500 coins), Monster Meteors (5,000 coins) and Sea Captain (10,000 coins).
Online slot games with low volatility are those games that offer the highest fixed jackpot of less than 5000 coins. There are few slots of this type because such slots offer little expectation to the players. Some of the popular slots falling in this category are Sparta (4,000 coins), Samba Nights (2,000 coins), Pedal Power (2,000 coins) and Monster Mania (1,000 coins).
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