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Balancing Risk and Reward: Why More People Are Electing to Play High Variance Slots - Armchair Empire

Balancing Risk and Reward: Why More People Are Electing to Play High Variance Slots

Source: Pixabay

Selecting the best online slot game can be a daunting proposition. As recently as a couple of decades ago, people’s gambling options were completely dictated by whatever the nearest land-based casino had to offer. Now, players can access thousands of games with a few clicks of the mouse, with new games being added to websites in a seemingly constant fashion. Having more choice is advantageous, with the range of slot themes nearly boundless and thereby catering for a wide range of tastes.

However, choosing the game because of a particular theme can be a quick and instinctive decision; if you like Jurassic Park, for example, then there may be an instantaneous desire to play a Jurassic Park slot. Yet it is always worth taking time to consider what rules the slot adheres to, how many pay-lines there are and what the potential winnings might be.

That latter factor, understandably, is the most important for many when choosing a game, which is why an increasing number of people are electing to play high variance slots. Slot variance is a phrase that is essentially interchangeable with the risk of the game. A high slot variance means that there is a higher risk, while low slot variance unsurprisingly means that the risk is much smaller.

Therefore, it may seem sensible to select the game with lower variance, as risk in gaming is something that is generally prudent to avoid. However, high variance slots hold true to the adage of ‘the greater the risk, the greater the reward’. Of course, that is not a guarantee but is instead a potential eventuality. Low variance slots are more suited to players keen to partake in marathon slot sessions, with the chance of small but regular payouts conducive to maintaining a consistent bankroll.

Source: Pixabay

A high variance slot has far fewer winning combinations, but its jackpots are much more substantial. A high variance slot, therefore reduces the number of wins that a player is likely to have, but any wins that do come their way are likely to be high-paying. High variance slots offer a variety of themes as with low variance slots, demonstrating the hunt for the jackpot doesn’t have to come at the expense of impressive visuals. Every leading casino provider will offer at least one high variance slot in their selection, although most have a wide collection of themes and styles.

Some of the most popular high variance slots, such as Microgaming’s Jurassic World game and NetEnt’s Dead or Alive, utilise themes that are inherently gripping, but the high variance nature of the slots ramps up the tension to another level. Some high variance slots offer the chance for players to multiply their stake by 10000, in comparison with lower variance slots that could offer payouts of 250 times the original stake as a maximum.

It is crucial that players consider what type of gaming experience that they want to have before selecting their slot. A low variance slot can be appealing in prolonging the gaming experience and granting more moments of victory. Yet that tantalising prospect of being one spin away from a huge jackpot is what draws many people to the high variance slots.

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