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High Variance Slots

After spending an extended gaming session with limited wins and missing the bonus features, players might suspect the game is unfair. However, if they’re engaged with a trustworthy online casino , it's highly plausible they’ve opted for a high variance slot. In online gaming terminology, variance reflects the risk factor. High variance slots come with increased risks, paying out less frequently but sometimes yielding huge jackpots. These slots perfectly cater to those seeking excitement and ready to take risks for potentially massive rewards.

Continue reading to uncover more about high variance online slot games, their advantages and disadvantages. We’ll guide you on identifying these types of slots, and finally, we will present our favorite selections of high volatility games you’re sure to enjoy.

Page contents

High Volatility Slots to Try

Slot List
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Canadian Online Casinos Featuring HIGH Volatility Slots

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RoboCat Casino logo
RoboCat Casino

Rating:9.8/10

  • Over 20,000 games in total
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  • Crypto friendly
  • Weekend reload bonus worth C$1,050
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PlayBet Casino logo
Playbet.io Casino

Rating:9.7/10

  • 10 cryptocurrencies available
  • Over 5,000 feature-rich games
  • Lightning-fast payout average of just 5 minutes
  • Low 10 USDT minimum deposit limit
  • Includes casino, sportsbook, and esports sections
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Bluffbet Casino logo
Bluffbet Casino

Rating:9.6/10

  • Ultra-fast 10 minute withdrawals
  • 3,000+ feature-rich games
  • C$25,000 plus 1,000 FS upon sign-up
  • 42+ award-winning providers
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Kilobet Casino logo
Kilobet Casino

Rating:9.5/10

  • Daily cashback up to 30%
  • 3-minute customer support response
  • Over 13,500+ games
  • Bonus Store & Loot Boxes
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What Does High Variance Mean?

Neon sign: High volatility slots

It’s important not to confuse RTP (return to player) with variance. RTP reflects the average payout a game is expected to generate over a long duration, shown as a percentage of total bets. Variance, or volatility, serves as a measure of risk. A slot that wins infrequently can quickly drain your budget unless you trigger a significant feature, which can be challenging.

So, what draws players to high variance slots? These games offer the possibility of much greater payouts compared to their low or medium variance counterparts. For instance, while lower variance slots might present a maximum payout of 250-500 times the stake, a high variance game could provide rewards of 10,000 times or more. Consequently, they appeal to gamblers who willingly accept higher risks for potentially life-changing wins.

Even when selecting high volatility slots, it’s wise to look for games that also feature a higher RTP. Additionally, adjusting your bet size is crucial; ignoring this can leave you cashless before landing a significant win.

Best High Volatility Slots

Besides engaging in gameplay, one can assess a slot’s volatility through the following methods:

  • The variance between the highest payout for a full set of matching symbols compared to rewards achieved with lesser symbols. A larger difference indicates a more volatile game.
  • The magnitude of the highest prize: slots with high variance may multiply bets by thousands instead of just hundreds.
  • The frequency and challenge of activating special features; highly volatile games often require considerable effort to trigger lucrative bonuses.

Here are some examples that fit this profile:

Wish Upon A Leprechaun Megaways icon Wish Upon A Leprechaun Megaways from Blueprint Gaming offers a maximum win potential of 50,000 times your bet with an RTP of 95.5%. It includes cascading reels, mystery symbols, several random reel modifiers, and free spins featuring multipliers.

monopoly icon Monopoly Megaways by Big Time Gaming can provide rewards of up to 15,000 times your wager. With a theoretical return of 96.39%, it employs cascading reels and encourages players to amass properties, which yield additional free spins and multipliers during the bonus round.

Pyramid Quest For Immortality icon Pyramid Quest For Immortality by NetEnt can net you as much as 36,000 times your stake. It boasts an RTP of 96.48% and features the Avalanche mechanic along with extra Wilds and multipliers.

Slots with high volatility

Slot name

Software

Type

Reels

Paylines

RTP

Release year

Wish Upon a Leprechaun Megaways

Blueprint Gaming

Video Slot

6

117649

95.5%

2020

Aloha Party

EGT

Video Slot

4

1024

96.2%

2016

Monopoly Megaways

Big Time Gaming

Video Slot

6

117649

96.39%

2019

Pyramid: Quest For Immortality

NetEnt

Video Slot

5

720

96.48%

2020

The Pros and Cons of High Variance Slots

  • Pros

  • High variance slots can offer payouts of 10,000 times your bet or more, whereas low volatility games typically cap at 500 times or less.
  • The potential payout and inherent risk of high variance slots render them far more thrilling to play compared to those with low variance.
  • You don’t need to wager the maximum to score big; even those making smaller bets can achieve substantial wins.
  • Cons

  • Streaks without wins are far more frequent in high variance slots compared to their low volatility counterparts.
  • Due to the infrequent wins, players with limited budgets might find themselves running out of funds before landing a notable win.
  • While playing high volatility slots, expect to experience shorter gaming sessions compared to low variance slots, which may provide smaller, more frequent payouts.

Conclusion

High variance slots have been designed for players eager to chase significant wins. With the capacity to pay 10,000 times the initial stake or more, the temptation is strong. However, remember that the risks accompany the rewards; payouts are much less common than in low variance games, and players can find themselves bankrupt quickly. Utilize the strategies outlined in this article to enhance your odds and ideally secure the jackpot you desire.

Daniel Bennet
Having accumulated over 15 years in gambling marketing and an online betting background, Daniel now passionately analyzes and reviews various slot games and platforms for readers.
Site Editor
University of Toronto
With a Bachelor of Commerce, specializing in Finance and Economics from the University of Toronto, his focus is on financial strategies, including Gambler's Fallacy, Random Number Generation, and Probability Theory research.
Expert in:
  • Payment Systems
  • Games Probability
Fact checked by Chief Editor:
Gerda Grinova

FAQ

🎰 Is there a relationship between variance and RTP?

Variance and RTP are entirely distinct concepts. You can encounter high variance slots with favorable returns as well as those with house edges of 6% or higher. The same holds for low volatility titles.

🎰 How can I identify a high variance slot?

Some game developers disclose the variance of their slots. Otherwise, you can gauge it by assessing the max payout size and evaluating how challenging it is to activate special features.

🎰 Which type is superior – low or high variance slots?

Each type has its advantages and drawbacks. High volatility slots attract players looking to secure large payouts despite the associated risks. For those wishing to prolong enjoyment, low variance games are the better choice.

🎰 Do I need a substantial budget to play high variance slots?

Thanks to low minimum betting limits, it’s theoretically possible to win significant payouts even with a smaller budget. However, the risks are heightened; fewer spins translate to fewer chances to unlock features.

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