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High volatility games pay out large sums infrequently while low variance games pay out regularly but in smaller amounts. Reels the vertical columns of a slot game that 'spin' to reveal symbols. What are high volatility slot games? those games that either payout large sums or very little at all. The volatility of online slots is dependent upon the type of slot game played and the payouts. Thus, perusing the paytable before game play to determine how much a five-of-a-kind payout will yield lets you know the volatility of the game. The variance and volatility have the same meaning: they reveal how risky an online slot is. In general, the volatility of a slot depends on how much risk it is to lose all money in a series of empty spins. High volatility means the slot is pretty risky to play, while the low variance shows that risk will be lower. High volatility slots are high risk, high thrill and fast-paced. They’re the equivalent of bungee jumps or fast cars. 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