High Variance Slots

Gather up all you thrill-seekers because high variance slot machines are exactly what you need. These are the perfect type of games for players with more time and more cash on hand. But, let’s first see what variance means.

Variance or volatility indicates the level of risk involved in a specific reel machine. It also shows how often wins happen and denotes their value. There are three main types of variance in slots – low, medium, and high. Read on to see what high variance slots are, what you can expect from them, and why they’re an absolute goldmine.

Here are a few best online casinos to play high variance slots:

Understanding The Concept Of High Variance Slot Machines

High variance means you will not win frequently. In fact, there’s no guarantee that you will win at all. Yet, if you manage to score a prize, it will be huge. The higher the volatility, the greater the risk. Before you start playing, prepare yourself to watch your balance shrink every time you press that ‘Spin’ button. That is, until symbols align and create a winning combination that will bring you a massive payout. In any case, Chap can summarize high volatility slots in six words โ€“ high risk, high prizes, and infrequent wins.

Difference Between High Variance And Low Variance Slots

There is a whole list of high variance slot machines perfect for risk-takers. If you want to play a highly volatile slot, you need two things – a larger budget and the right mindset. With this type of slots, you won’t win often, but it’s going to be huge once you win. On the other hand, low variance reel machines give smaller but recurring payouts.

You will easily recognize high variance slots if you look at the paytable. If the slot pays a similar amount for a combination of three and four winning symbols, you are playing a low variance slot. Now, if you notice a more significant difference between payout amounts, you’re playing a high variance slot. Moreover, providers these days also publish the volatility level on the latest releases. So, you’ll know what you’re getting yourself into.

Another difference between these two types of slots is the number of symbols and bonus features. Most high-volatility pokies come with fewer winning symbols that give better payouts. Low-volatility reel machines are loaded with symbols and extra features that ensure a payout almost on every spin.

At the end of the day, your balance is the number one factor determining what type of game you’re going to play. Some players do it strategically. They start with low variance slots and smaller bets for juicy and frequent payouts. Then, slowly and surely, they increase the bet size and finally play some of the best high variance slots for bigger wins.

Low Variance High RTP Slots Explained

RTP or Return To Player shows the amount a slot game returns to the player, usually measured after a million spins. Basically, it calculates the profit you can expect from a specific slot machine. Variance, on the other hand, shows how you will get that profit. It determines if it will regularly come in smaller portions or much larger winnings but at irregular intervals.

A slot machine with a higher RTP rate is supposed to provide more frequent and, of course, bigger payouts. While a low variance slot offers payouts that are smaller in size, but they’re persistent. That said, with low variance high RTP slots, you’re in for exciting gameplay and generous payouts.

The variance of a slot game helps you calculate the risk you’re taking and helps you win even with a smaller budget. A higher RTP can make any low variance game better. It allows you to gain more without taking a significant risk.

Low variance pokies are suitable for players who value entertainment above all else. With this type of reel machine, you cannot expect some massive payouts, but you will undoubtedly extend your playtime. Yet, even if you’re there mainly for the fun and excitement, you would still appreciate a nice win. The best way to get it is to find suitable low variance high RTP slots and start playing.

Best High Variance Slots To Play

At this point, you must be thinking about where to find the best high variance slots and start betting. Well, search no more because we composed a list of high variance slot machines for you.

Book of Dead

Released in 2016, this popular video slot comes with an RTP rate of 96.21%. Developed by Play’n GO, it’s played on a 5×3 grid with ten paylines. The game is available on all desktop and mobile devices, and you can play with a minimum of $0.10 and a maximum of $100 per spin. This video slot is a players’ favorite with lucrative symbols, impressive bonus features, and a maximum win of 5,000x your bet.


Bonanza is the first-ever Megaways game that offers up to 117,649 ways to win. Released by Big Time Gaming, it’s a high volatility slot with a 96% RTP. Wager at least $0.20, and you can start playing this game. The maximum bet you can place per spin is $200. Bonanza is one of the best high variance slots with plenty of bonus features. Hence, you can expect a maximum payout of 10,000x your initial bet.

Bonanza High Variance Slot

Immortal Romance

Developed by Microgaming, Immortal Romance has an above-average RTP of 96.86%, and it’s one of the most volatile slots online. Played with five reels and three rows, this slot machine gives players 243 ways to win.ย  You can play Immortal Romance with as little as $0.30 and as much as $60 per spin. This video reel machine comes with plenty of valuable symbols and four different free spins features.

Dead Or Alive

Dead or alive by NetEnt is a high volatility slot with a hit frequency of more than 30%. The game also has a high RTP rate of 96.82%. The game features five reels and nine paylines, and stakes range from $0.09 to $18.00. If you get lucky, you can win the jackpot of 12,000x your bet. Available across devices, this reel machine comes with free spins and multipliers that significantly increase your chances of winning.

Jurassic Park

Jurassic Park is a five-reel slot with 243 ways to win and a 96.67% RTP. Extraordinarily volatile and available on all devices, this pick allows you to play with up to $15 per spin. The game offers bonus rounds that are mostly centered around special symbols. There are also free spins, up to 6x multipliers, and a maximum prize of 6,000x your stake.


Released in 2014 by WMS, Montezuma is a five-reel video slot with 30 paylines that uses the Wheel Bonus technology. This high variance reel machine comes with a decent RTP rate of 95.82%. Playable from only $0.30 per spin, it might bring you a massive prize of 10x your bet. Watch out for the special symbols as they give generous payouts for a five of a kind combination and trigger the game’s bonus features. The free spins in this slot come with up to 10x multipliers and a bonus guarantee, so make sure to check it out.

Montezuma high variance slot

Pink Elephants

Pink Elephants is a six-reel slot with 4,096 ways to win, 96.01% RTP,ย  and a maximum payout of 8,200x your stake. With bets that range from $0.10 to $100, this high variance slot suits almost every player. It’s a jungle-themed reel machine that features many rewarding symbols but, all the action is in the Mystery Feature. Land three special symbols at the same time and prepare yourself for some crazy action.

How To Win On High Volatility Reel Machines

The most important thing to do before you even start playing high variance slots is to make sure they’re suitable for you. The chance to win massive amounts sounds attractive for sure but, keep in mind that those won’t come quickly. Unlike low volatility high RTP slots, high volatility slots demand a lot of patience, time, and of course, a large budget.

Once you start playing, there are some essential things you should keep in mind. First of all, start small. Some players think that if they start playing with the highest possible bet, they will snatch a win right away. That’s wrong. Place smaller bets at the beginning and increase them each time you score a win. This way, you’ll avoid running out of money.

Another essential tip to follow is to know when to leave. After a series of dry spins, understandably, you feel the need to recover your losses. Well, chasing losses is never a good idea. Similarly, after a big win at one of the best high variance slots, you get an adrenaline rush, and you want to keep playing. The smartest thing you can do in that case is to take a break and come back later. Trust your CasinoChap with this, and you won’t regret it.

Top Three Tips For Playing High Variance Slots

Highly volatile pokies require a lot of patience and some form of strategy. Below, Chap has the top three tips that will help you have a more enjoyable, stress-free gaming experience.

  1. Play responsibly – Be cautious when playing high variance slot machines. Make sure you always stick to your budget.
  2. Choose the game wisely – For maximum enjoyment, pick a high variance slot machine that also comes with a high RTP rate. That way, you are sure to enjoy fair and exciting gameplay.
  3. Don’t let dry spins surprise you – With high-volatility games, it’s important not to expect payouts on each spin. They’ll be far between, and all you can do is be patient, bet wisely, and take breaks if you need them.