The online casino industry is booming. Gambling online first became possible in the late 1990s. However, the only games available back then were poker and video poker. Nowadays, with developments made in gaming technology, online casinos are much more diverse. During the 2000s and 2010s, online slots became all the rage. Today, slots are undoubtedly the most prominent games, not just online but in brick-and-mortar establishments. With their popularity growing, we thought we would take the time to explain low-variance slots and how they compare to the competition.
Variance and Volatility: What is the Difference?
If you have played online slots for any time, you undoubtedly have come across the term “volatility.” For those who may not know what volatility means, let us explain. Volatility refers to the frequency with which a slot machine, whether online or land-based, will pay out. When we speak about the slots with high volatility, we are talking about slots that infrequently give out the prize.
o, why even play high-volatility slots, then? Well, high volatility slots are the ones that pay out the juicy, high rewards. On the other hand, low volatility slots will pay out much more frequently; however, the prizes you get will be relatively lower. There is a third level of volatility, referred to as “medium,” and some of the best online slots fall under this category. But the title mentions the word variance. So, you must ask yourself: “What is the difference between volatility and variance?” The answer is nothing. Variance is just another word to describe volatility. You will often see these two terms used interchangeably online, so don’t become confused if that ever is the case.
Why Play Low-Variance Slots?
After learning what low variance means, you must want to know why you would like to play low-variance games. After all, they give out lower rewards than medium or high-volatility slots. Well, the answer here is obvious. Low-variance slots also pay out a lot more frequently. Let’s say, for example, that you have started playing three slots with three different volatilities. The high-volatility slot might pay more, but you will only hit a winning line 1 time out of 10. The rewards won’t be as high when playing medium-volatility, but they are still better than low-volatility games. However, you will only hit a winning line 4 or 5 times out of 10. You won’t get a high payout with a low volatility slot, but the money will accumulate over time because you will be hitting 6, 7, or even eight times out of ten. It is worth noting that these numbers are just an example, and you should not take them as gospel. They explain why some might choose to play low-variance slots over medium or high.
Best Low Variance Real Money Slots
Finally, we would like to share some excellent online slots with a low variance that are worth checking out. The next casino slot games can all be played for real money, so if you are a savvy player, some of them can yield you a great reward. You can find all these slots at some of the best casinos to play online.
Agent Jane Blonde Returns
Fans of James Bond will be satisfied with this excellent game created by Stormcraft Studios. Possibly one of the best real money online slots with low variance, Agent Jane Blonde Returns is the sequel to the classic Agent Jane Blonde slot. What the slot lacks in extra features and bonuses makes up for fantastic gameplay, aesthetic appeal, and rewards. Indeed, it is a slot worth checking out for anyone looking to try their luck at a low-volatility game that is easy to master.
What makes Agent Jane Blonde Returns an excellent choice is not just the game’s low volatility. Instead, it is how the low volatility pairs with an above-average return-to-player rate. The RTP exceeds 96%, meaning players should expect frequent and hefty rewards. If that is not worth checking out, we don’t know what is.
Another game worth checking out is the mythology-inspired Take Olympus. As the title would suggest, the game takes heavy inspiration from Ancient Greek folklore and culture. But more importantly, it also comes with a low variance and a slightly below-average RTP of 95,50%. However, considering that there are 50 different pay lines, a maximum win over 2300 times your wager, and low volatility, Take Olympus will likely make the time you spend playing it worthwhile.
Skywind Group’s 2019 slot, Super Lion, is the last one we will take a look at. While the maximum win here is much lower than the two mentioned above, Super Lion manages to differentiate itself from the competition with a both-way pay lines mechanic. Paired with low volatility and an RTP of 96.1%, the slot is undoubtedly one of the best.
This article was written in collaboration with casino online experts.