🎰 Games of Chance: Learn About Payout Ratio and Variance
Not all casino games are created equal. If you want to improve your chances and understand the risks, learning about payout ratios and variance is essential. In this guide, we break down these two core concepts to help you make smarter decisions when playing games of chance like slots, roulette, or blackjack.
📊 What Is Payout Ratio (RTP)?
Payout ratio, also known as RTP (Return to Player), is the percentage of all wagered money a game will pay back to players over time.
🔍 Example:
If a slot has an RTP of 96%, it means that for every $100 wagered, it pays back $96 — on average — over the long run.
✅ Higher RTP = Better long-term odds for the player.
🧠 Pro tip: Always check a game’s RTP before playing. Many reputable casinos display it openly, especially for slots.
🎯 What Is Variance (Volatility)?
Variance, or volatility, describes how frequently and how much a game pays out.
🎲 Types of Variance:
-Low Variance: Frequent small wins. Great for longer playtime with less risk. Ideal for casual players.
-Medium Variance: Balanced mix of risk and reward. Best for intermediate players.
-High Variance:nRare but big wins. Expect long dry spells. Good for thrill-seekers with bigger bankrolls.
🧠 Why These Matter When Playing
Knowing a game’s RTP and variance helps you:
-🛡️ Manage your budget more effectively
-⏱️ Choose games that fit your play style
-📈 Set realistic win/loss expectations
-🧭 Avoid games that may feel unfair or too risky
🎮 Popular Game Examples
Game Type
Typical RTP
Variance
Starburst (Slot)
~96.1%
Low
Book of Dead (Slot)
~96.2%
High
European Roulette
~97.3%
Low/Medium
Blackjack (with basic strategy)
~99.5%
Low
🧩 Final Tips
-Don’t assume high RTP = guaranteed win. These are long-term averages.
-High variance games may go 50+ spins without a win — but then hit big.
-Always play within your limits and don’t chase losses.