Low vs High Volatility Slots: What’s Better for Aussie Gamblers?

If you’re an Australian player diving into the world of online pokies, you’ve likely seen the term “volatility” (or “variance”) used to describe slot games. But what does it actually mean—and how does it impact your chances of winning?

Understanding slot volatility is key to choosing games that match your budget, risk tolerance, and playing style. In this guide, we’ll break down the difference between low and high volatility slots, and help you decide which is better for your goals as an Aussie gambler.

What Is Slot Volatility?

Volatility refers to the risk level and payout frequency of a pokie game.

  • Low volatility slots pay out smaller amounts more frequently.
  • High volatility slots pay out larger prizes less often, but with higher potential for big wins.

Volatility affects everything from your session length to your emotional experience. Some players enjoy the consistent feedback of low-volatility games, while others chase the thrill of massive (but rare) wins.


Low Volatility Slots: Steady Wins, Smaller Payouts

Pros:

  • Frequent wins = more playtime
  • Great for casual players or beginners
  • Easier to manage a bankroll
  • Ideal for meeting wagering requirements on bonuses

Cons:

  • Lower jackpot potential
  • Less excitement in bonus rounds
  • Can feel repetitive for some players

Top Low Volatility Picks for Aussies:

  • Starburst (NetEnt)
  • 1429 Uncharted Seas (Thunderkick)
  • Blood Suckers (NetEnt)
  • Aloha! Cluster Pays (NetEnt)

High Volatility Slots: Risky but Rewarding

Pros:

  • Massive win potential (often over 10,000x your bet)
  • Intense, adrenaline-fueled gameplay
  • Bonus rounds are more impactful
  • Perfect for high-rollers and strategic players

Cons:

  • Long dry spells without wins
  • Requires a bigger bankroll and patience
  • Not ideal for bonus wagering

Top High Volatility Picks for Aussies:

  • Dead or Alive 2 (NetEnt)
  • Money Train 4 (Relax Gaming)
  • The Dog House Megaways (Pragmatic Play)
  • Book of Dead (Play’n GO)

Which One Is Better for You?

It depends on your playing style and goals:

Player TypeBest Option
Casual gamblerLow volatility
New to online pokiesLow volatility
Playing with bonusesLow volatility
Chasing big jackpotsHigh volatility
High-rollerHigh volatility
Short sessionsLow volatility
Long sessionsEither (if bankroll allows)

Tip: You can always mix both types to balance out risk and reward.


How to Identify a Slot’s Volatility

  • Check the paytable: Big multipliers and low hit rates often mean high volatility
  • Read game reviews or check the provider’s info
  • Try demo mode to feel how often wins land
  • Look at the max win — the higher it is, the more volatile the slot usually is

Use Bonuses Strategically Based on Volatility

  • Low volatility slots are ideal for clearing wagering requirements on bonus funds
  • High volatility slots can be perfect for free spins or feature buy promotions, where the risk isn’t coming out of your own pocket

Want to try both types of pokies with extra value?
Unlock generous Royal Reels bonus spins with qualifying deposits or by participating in special casino promotions for Aussies. These offers are great for testing different volatility levels without draining your bankroll.

There’s no single “best” volatility level for everyone—it all comes down to your preferences and goals. Whether you enjoy the steady rhythm of low-volatility slots or the thrill of chasing high-volatility jackpots, knowing what to expect helps you make smarter choices and enjoy your session more.

Still unsure? Test out a few games in demo mode, mix it up with free spins, and discover what type of slot works best for you.

And don’t forget — unlock generous Royal Reels bonus spins to get started with added value on some of the most popular pokies in Australia.