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What Does Volatility Mean in Slots? Understanding High & Low Volality

Last Updated on 25/06/2026
Fact checked by: Jordan Noble

Volatility is a key feature of online slot games. Knowing the answer to the question ‘what does volatility mean in slots?’ helps you work out how often a slot will pay out and the size of those potential payouts.

Once you have a firm understanding of volatility in slots, you can go forward and find your ideal slot titles. To help you on your way, this article contains an explanation of how volatility works, plus five of the best online casino sites to join.

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What does volatility mean in slots? 

Slot volatility (also known as slot variance) is a measure of how often a slot gives you a win, and the average size of those wins. Because the outcome of slot games is decided by a Random Number Generator, volatility is not a guaranteed outcome of playing a slot game. But it does give you a broad idea of the average performance of a game.

What are the different types of slot volatility? 

Every slot game has one of the following five volatility ratings:

  • High volatility
  • Medium-high volatility
  • Medium volatility
  • Low-medium volatility
  • Low volatility

High volatility slots

The higher the volatility, the higher the likelihood of landing a big win. However, every high volatility slot session you play will produce very different results. On one occasion, you may hit one very big win, but no small wins, but the next time you play you may hit a series of small wins or even no wins at all. In short, high volatility sweepstakes slot machines can be extremely erratic, with big wins and long losing streaks equally likely to happen.

Low volatility slots

Playing low volatility games gives you smaller payouts, but you are more likely to hit regular wins and avoid long losing runs. Low volatility games are considered less risky than their high volatility equivalents. As such, they are often favored by recreational players.

Five of the best casino sites for slot games

Now that you know the importance of volatility in slots, it’s time to look at five of the very best online casinos for you to play online slots:

BrandNumber of slot games
Bwin3,600+
Coral2000+
BetVictor600+
Unibet1000+
Casumo300+

Bwin - A massive range of online slots games

Pros and cons
  • Decent welcome bonus
  • 3,600 slot games available
  • Excellent mobile casino app
  • No dedicated apps

First, don't miss out on the massive welcome bonus available here. Bwin is currently offering new players a 100% matched bonus that's worth up to £200 and you’ll also get 50 bonus spins on top of that. And as the game collection at Bwin contains over 3,600 slots, including low volatility games, jackpot slots, bonus buy slots and a whole lot more.

Also, if you fancy a change from standard online slot play, you can check out the crypto game collection, which contains innovative titles like Crash, Boxes, Mines and a whole lot more. Aside from the fantastic slot collection, Bwin also possesses a world class live casino, a beautifully designed website and a reputation for superb customer support.

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18+ | New UK players only | Min deposit req. £10 | Certain deposit methods excluded | Place 1 sport bet (3+ selections) | Excl Horse Racing | Min stake £10 | Max stake £20 | Min Odds 2/1 (3.0) | Max FreeBet £20 for football only | FreeBet valid for 7 days | FreeBet stake not returned | T&Cs apply.

Coral - More than just a sportsbook

Pros and cons
  • Huge game library
  • 2,000 slot titles
  • Megaways and jackpots
  • Limited promos for existing players

Although primarily known as a sports betting site, Coral is also developing a strong reputation for online casino games. The site currently stocks around 2,000 slot games, with all levels of volatility on offer.

If you want to try riskier high volatility games, there are over 50 Megaways titles to play, as well as an array of jackpot slots with massive prizes up for grabs. On the other hand, risk averse players can enjoy Dazzle Me and a range of other low volatility games.

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Coral
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18+ New UK + ROI customers only. Certain deposit methods & bet types excl. Min first £/€5 bet within 14 days of account reg at min odds 1/2 to get 6 x £/€5 free bets (selected sportsbook markets only, valid 7 days, stakes not returned).  Restrictions + T&Cs apply.

BetVictor - One of the classics

Pros and cons
  • Fantastic app
  • Top developers showcased
  • Excellent live casino
  • PRO
  • Smaller game library than some sites

Look at any list of online casinos UK and you are almost guaranteed to find BetVictor towards the top. The slot collection at BetVictor features games from famous developers including Pragmatic Play and NetEnt. This means the site is home to popular low volatility games such as Guns N Roses and Jack Hammer.

When you throw in an excellent live casino and a superb mobile app, it is clear to see why BetVictor is such a popular choice for casino fans.

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Betvictor
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18+ New customers only. Opt in, deposit & bet £10  or more on any football market at minimum 1/1 odds within 7 days of registration. No cash out. Get £30 in Free Football Bets, selected markets. Free Bets expire in 7 days. T&Cs apply, see below. GambleAware.org | Please gamble responsibly

Unibet - Excellent variety

Pros and cons
  • Great range of game types
  • Over 1,000 slots to choose from
  • Unique slots from new developers
  • Limited customer support options

Another brand with a fantastic reputation for high quality gaming. There really is something for everyone at Unibet. The 1000+ slot game collection features classic titles, plus a large number of new games from modern developers.

So, regardless of your volatility preferences, you can be guaranteed to find a selection of suitable games to play.

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Casumo - Fun all the way

Pros and cons
  • Award winning website and app
  • Carefully curated slot games
  • Well-known jackpot slots available
  • Small live casino

A popular choice for casual players, Casumo is a bright-looking online casino, full of fun features and exciting games. It is not quite as vast as the other sites on this list, but still contains an excellent selection of slots.

Low volatility options include Irish Magic, whilst high volatility fans can try Mega Moolah and other much-loved jackpot jackpot slot titles.

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Casumo
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18+. Opt-in required. New Customers only. Welcome Offer contains 50% bonus (up to £100) on first deposit. Min. Deposit £20. Bonuses must be wagered 10 times. Max. £5/bet. Game, play and payment method restrictions apply. Full T&Cs apply. Play responsibly • rgf.org.mt

What does volatility mean in slots? Final thoughts

As this article demonstrates, volatility is a key concept in online slot play. So make sure you have a firm understanding of how high volatility games differ from their low volatility counterparts. Having this knowledge will help you make informed choices about which games to play.

The main points to remember are that playing low volatility games will help preserve your bonus balance, whereas high volatility games don’t pay out too often, but they do give you a chance of landing a big win.

Ultimately, your decision comes down to factors such as gameplay preferences, budget and risk aversion. But whatever your choice, having a thorough knowledge of slot volatility goes a long way towards helping you make informed decisions.

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Slot volatility - FAQs

📈 What does high volatility mean in slots?

High volatility slots come with the risk of long losing streaks, but they do give you the chance to land big payouts. As such, high volatility slots are considered risky options for players.

📊 What does low volatility mean in slots?

Low volatility slots generally give you small, but regular payouts. You are unlikely to find any huge wins, but you are also unlikely to experience long winless runs.

🤔 Should I play high volatility slots?

That is entirely up to you. Playing high volatility slots can be risky, but it also gives you the chance of large payouts.

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