Volatility, also sometimes referred to as dispersion or variance, tells you how much you’re risking when you play a slot. It gives you information on you often you can expect to get paid out and how big this amount will be.
Slots reviews always mention the variance of the game in question and many players skim this information, with most ignoring it completely. But it’s a factor you should be taking into account as it seriously affects the way a slot behaves and thus should influence how you approach it.
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