What is the Slot’s Variance?
As you maybe know, slots accumulate players’ stakes and then distribute them as winnings. Depending on characteristics, it is determined how much money the game eventually returns to the gambler. This figure at http://irishperrys.com/ is usually between 95% and 99%.
Also, this figure works in a long-distance and cannot be achieved with every spin. Well, who would agree to play a game, which would just take several cents off every dollar in each spin?
That’s why slot machines pay out randomly. That is what the variance is responsible for. It characterizes the dispersion of all the winnings in the game.
Here’s a simple example:
- game 1 “gives” often, but in small amounts — it means the deviation from the average value is insignificant. Such a slot is called low-dispersion.
- In game 2, winnings are rare but large; therefore, they are highly dispersive.
It is essential to understand that the average bet size relative to the total account balance will differ significantly in high and low dispersion games. For example, if the title has a low dispersion index, we can put a 1/50 — 1/100 of our bankroll; the high dispersion slots preferably show more caution and put already 1/500 of the balance. In simple words, the higher the dispersion level, the longer the sequence of empty spins can be, and we need more money, but the winnings will be much larger.
Dependence of values on each other
There is a direct correlation between the maximum coefficient of winnings, the length of the game’s cycle, and its dispersion. Each game has its cycle, which is never disclosed by providers. When the cycle only starts, the video slot “collects” bets, and the higher the dispersion — the more likely it is to drain all stakes to accumulate the prizw pool.
Towards the end of the cycle, the machine starts to give out winnings; the size and frequency also depend on its variance. In this phase of the cycle, big winnings can be caught. You can only determine the cycle phase in practice, in free play mode.
Which Video Slot to Choose
It all depends on your strategy and game style. Some experienced players recommend titles with high variance, but it’s still essential to keep the cycle length in mind. Video slots with a very long cycle rarely pay big winnings, though you’ll lose money waiting for them.
If you want to win at the casino with mathematics, choose “fast” slots, they have a mathematical expectation much closer to the average, even over a short distance.
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