Understanding The Payout Rate and Volatility Of Bitcoin Slots
If you’re looking to play slots using crypto, it’s essential to understand the payout rate and volatility of the game. Both these factors determine your chances of winning big and how frequently you can expect to win.
In this article, we’ll take a closer look at what these terms mean and how they impact your gameplay experience.
What is the meaning of slot machine volatility?
Volatility refers to the level of risk associated with a slot machine. It determines how often and how much you can expect to win when playing a particular slot game. There are three types of volatility when it comes to slot machines:
- High Volatility Slots
High volatility slots have a higher level of risk. They offer fewer but bigger payouts. So, you can expect to win infrequently. High volatility slots are ideal for you, if you’re willing to risk and wait for a big win. Examples of high volatility slots that you can find at FortuneJack include Buffalo King by Pragmatic Play, Dead or Alive by NetEnt.
- Medium Volatility Slots
Medium volatility slots offer a balance between risk and reward. you can expect to win more frequently than with high volatility slots, but the payouts will be smaller. Medium volatility slots are ideal for you if you want to enjoy the game and win money while at it. Try medium volatility slots like Gonzo’s Quest and Starburst at FortuneJack and have fun.
- Low Volatility Slots
Low volatility slots have a low level of risk and offer frequent but smaller payouts. You can expect to win frequently, but the payouts will be smaller than high and medium volatility slots. Low-volatility slots would be great for you if you want to play for longer and enjoy the game without taking too much risk. FortuneJack provides tons of such slots, including Sweet Bonanza and Zeus the Thunderer by Mascot.
How to determine whether a game is volatile?
The best way to determine the volatility of a slot is to play it for a few spins. You can also check the information provided by the game developer or the casino. Some casinos, including FortuneJack, provide a brief description of the volatility of each slot, making it easier for players to choose the suitable game for them.
What does RTP mean when it comes to slots?
RTP stands for Return to Player, which refers to the percentage of all the wagered money that a player can expect to win back over an extended period. The game developer determines the RTP of a slot machine, and it’s essential to choose a game with a high RTP to increase your chances of winning.
Final remarks
In conclusion, understanding a slot machine’s payout rate and volatility is crucial to enhance your gaming experience. It’s essential to choose a slot machine that suits your playing style, and the information provided by the game developer or the casino can help you make an informed decision.
If you’re looking to play slots using crypto, we invite you to visit FortuneJack and have fun while playing your favorite games.