- Define Volatility In Slot Machines In Stock
- Japanese Pachislo Skill Stop Machine
- Define Volatility In Slot Machines For Sale
- Define Volatility In Slot Machines For Real
By John Grochowski
When we talk “volatility” in casino games, we’re often talking about electronic games. Reel-spinning slot machines concentrate more of their returns infewer big wins than video slot machines, which bring more frequent small wins. The reel-spinners are more volatile.
The one criteria that will influence every aspect of gambling sessions in slot machines is what they call volatility in casino gambling jargon. Coming from a rather poetic term ( a term that has its sources in stock market jargons, where it is used to describe the significant fluctuation between very low values and very high values) on which depends the regularity of the gains and losses.
Same deal in video poker. House edges are similar on 9-6 Jacks or Better (99.5 percent) and 9-5 Super Double Bonus Poker (99.7), but Super Double Bonus is much more volatile.
The 2-for-1 payoff on two pair helps keep Jacks or Better on more of an even keel. Super Double Bonus pays only 1-for-1 on two pair, and concentrates more of its return on big four-of-a-kindhands. For a five-coin bet, Jacks or Better pays 125 coins for any four of a kind, while Super Double Bonus pays 800 on four Aces, 600 on four face cards, 400 on four 2s, 3s or 4s, and 250 onany other quads. We can win big money faster on Super Double Bonus, but the lower payoff on the far more common two-pair hands means that without the big hits, we lose much faster. It’s a morevolatile experience.
The same concept applies to table games. The house edge on betting odd or even is the same 5.26 percent as betting single numbers. But odd or even brings 18 winners per 38 spins of the wheel,and pays even money. Any single number comes up an average of once per 38 spins, but the payoff is a 35-1 bonanza. Bet single numbers, and you can win big, or lose fast --- there’s morevolatility than in playing odd/even.
Sometimes players add their own volatility to games. When players ask me about betting progressions, increasing their bets as they win, I tell them that the main effect is to add volatility.The house edge is the house edge, a mathematical certainty no matter how you size your wagers. But volatility --- that’s different. You can take a steady chug or ride the roller-coaster,depending on whether you bet the same amount on every hand or play a progression.
I remember the first time I ever tried a progression. It was at the Tropicana in Las Vegas , at a time when it had a little less of a threadbare feel than it does today. I started out wagering$5 a hand at a six-deck blackjack table. After two consecutive wins, I increased to $10, then to $15 and $20, adding $5 with each win. After any loss, I brought my bet back to $5. In 45minutes, I won $300.
It was an incredible feeling. Nothing like that had ever happened to me. In those days, I was strictly a $5 bettor, and I could budget a whole three-day trip to Las Vegas on $300 in gamblingmoney. I’d had winning sessions before, but the big ones were $40 or $50. This time, I’d doubled my stake for the trip in 45 minutes.
Soon, I learned the down side. Betting progressions do bring some spectacular wins, far larger than if you kept your bets flat. But they also turn some potential winning sessions into losers.They add volatility.
I came home with more money than I’d brought, but continued play with my little progression had eroded that $300 win a bit.
When you’re on a roll, a betting progression is a huge bankroll booster. On my modest little progression, winning five hands in a row meant winning wagers of $5, $5, $10, $15 and $20 ---a total win of $55. If I’d bet $5 a hand in my usual style of the time, I’d have won just $25.
That’s the upside. The downside comes when you have more normal short streaks, such as two wins followed by a loss. Keep your bet at a flat $5, and that means two $5 wins and a $5 loss,yielding a $5 profit. On my progression, two $5 wins would be followed by a $10 loss, with no profit at all even though I’d won more hands than I’d lost.
Another problem: Unless you put a limit on the number of increases in your progression, you will always lose your largest bet. On my longest streak at what I now know to have been anextraordinarily lucky session at the Trop, my bet reached $40, with eight wins in a row. Then I lost.
Most progression players use much more aggressive systems than the one I was using that day, increasing wagers more rapidly, but also applying a limit such as four wins, then returning to theminimum bet.
How does it all come out? On balance, pretty much the same. Bet flat, and the winning sessions will be smaller. Bet a progression, and the big wins will be bigger, but the losing sessions willbe more frequent. If a flat bettor and a progression player start with the same base wager, the progression player will lose a little more money in the long run because the total of his wagersis larger. Progressions can’t overcome the house edge. They just add volatility.
Even keel or wild ride? Take your pick.
John is the author of six books on casino games, including 'The Slot Machine Answer Book.'
You can find his weekly column atwww.scoblete.com.
In the context of slotgambling, the term volatility refers to the variable that influences the manner in which the machine distributes winnings to players. In simple terms, volatility can be seen as a spectrum running from low payouts and high hit rate to high payouts and low hit rate.
Define Volatility In Slot Machines In Stock
Slots are typically divided into three volatility categories:
- Low volatility slots pay out frequently but the amounts they award tend to be smaller.
- Medium volatility machines strive to find a middle ground between hit rate and hit size.
- High volatility slots pay out less frequently but tend to pay out larger sums.
Japanese Pachislo Skill Stop Machine
High vs Low Volatility Slots
There is no right or wrong choice when it comes to slot volatility. Both types of machines have their pros and cons and are suited to different playstyles and bankrolls.
Conservative players, as well as players with low bankrolls, will likely prefer low volatility machines with their promise of more frequent returns and longer play sessions.
Risk-prone players, as well as high rollers, will tend to steer towards high volatility slots and the chance of receiving a high payout.
Volatility:
- The variable that influences the manner in which a slot machine distributes winnings to players.
Define Volatility In Slot Machines For Sale
