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General · Casimo Glossary

Volatility

A measure of the level of risk associated with a slot game, indicating the frequency and size of its payouts.

Volatility, also known as variance, describes the payout behaviour of a slot. It is a crucial concept for Bankroll Management.
- Low Volatility: These games have a high Hit Frequency. They pay out often, but the wins are typically small. They are good for longer play sessions with a smaller bankroll.
- High Volatility: These games have a low hit frequency but offer the potential for very large wins in a short period. They can go through long "dry spells" with no significant payouts and are better suited for players with larger bankrolls who are chasing massive jackpots.
- Medium Volatility: A balance between the two.

Real-World Examples

Game Type vs. Volatility:
- Low: Frequent small wins. (e.g., Starburst)
- High: Rare, but huge wins. (e.g., Book of Dead)

FAQs

Is volatility the same as RTP?<br>No. RTP is about the long-term average payout, while volatility is about the short-term payout behaviour (frequency and size of wins). A game can have a high RTP and be either low or high volatility.

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