When I play video slots at sweepstakes casinos, I look for two features before spending my coins – RTP and volatility. The RTP is generally the first thing I look for, but volatility is also incredibly important as it directly relates to win frequency and volume and can have a major impact on your strategies and coin bankroll management.
Slots Volatility – How Often & How Much You Can Win at Sweepstakes Slots
I want you to understand the importance of volatility, so aside from highlighting sweepstakes casinos that display slots volatility, I’ve also taken the time to create an in-depth guide. Here, I explain how volatility, or variance, works and share examples of popular slots and their volatility ratings.
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Sweepstakes Casinos Displaying Slots Volatility Ratings
Popular Sweepstakes Slots and Their Volatility
To give you an idea of the spread of volatility in online video slots, I’ve created this table that features 20 of the most popular games of all time, which you can find at most of our recommended social and sweepstakes casinos.
| Game | Developer | Max Win | Volatility | RTP |
|---|---|---|---|---|
| Chaos Crew | Hacksaw Gaming | 10000x | Very High | 96.30% |
| Bonanza (Megaways) | Big Time Gaming | 26000x | Very High | 96.00% |
| Tombstone R.I.P | Nolimit City | 300000x | Ultra High | 96.08% |
| Coin Strike Hold and Win | Playson | 5150x | High | 95.66% |
| Book of Panda Megaways | BGaming | 10000x | High | 96.95% |
| Wanted Dead or a Wild | Hacksaw Gaming | 12500x | High | 96.38% |
| Money Train 4 | Relax Gaming | 150000x | Very High | 96.10% |
| Banana Town | Relax Gaming | 10000x | High | 96.12% |
| Lantern Luck | Habanero | 702x | Low | 96.77% |
| StarSpell | Slotmill | 1200x | Low | 96.12% |
| Elvis Frog in Vegas | BGaming | 2500x | Medium-High | 96.00% |
| 777 Sizzling Wins | Playson | 60x | Low | 96.21% |
| Fortune Llama | Fantasma Games | 1200x | Low | 96.00% |
| Lucky Lady's Clover | BGaming | 10000x | Medium | 97.31% |
| Chilli Pop | Betsoft | 2067x | Medium | 95.38% |
| Safari Sam | Betsoft | 2500x | Medium | 97.50% |
| Sky Pearls | 3 Oaks Gaming | 500x | Medium | 95.72% |
| Coin Up Hot Fire | 3 Oaks Gaming | 500x | Medium | 95.75% |
| Four Divine Beasts | Habanero | 3000000x | High | 96.80% |
| Epic Joker | Relax Gaming | 500x | Low | 97.00% |
One thing to keep in mind: although volatility ratings and max win amounts are fixed based on the studios sourcing the games, and therefore universal, real money and sweepstakes casinos can select from varying RTP configurations. If this metric is important to you, I recommend checking out our guide on the highest RTP sweepstakes casinos and slots.
What is Volatility in Online Slots?
I’ve given you this huge list of slots, but you still need to understand what volatility is. Volatility or variance relates to how often you can expect to win when playing slot games, but also the value of those wins. This is then used to calculate your risk factor.
Volatility is typically described on a scale from low to high, and games can fall anywhere on that scale depending on how often winning combinations land and the average size of your wins. Usually, games are split into 3 volatility categories – high, medium, and low, but a game can be medium-low or medium-high, for example.
Many software developers display the volatility level on the main game page. You can also often find this information under the game rules or info table after you launch the slot. Below, I explain the 3 main types of slot volatility and what they mean.
With highly volatile slots, you could go 15+ spins without winning anything. These games have frequent barren stretches where you don’t get any wins. However, you are more likely to get big wins, trigger bonus features, or get epic multipliers with these games, which can then offset your barren stretches. This is what draws people to highly volatile slots – wins are infrequent, but when they land, they can return handsomely.
To see how this plays out in practice, you can demo Nolimit City’s Duck Hunters on SweepsKings.
Medium volatility slots strike a balance between the higher and lower ends of the spectrum. You can expect more frequent wins, but still in decently large amounts. If you still want a little of the consistency that low volatility slots provide while also having the chance for some bigger multipliers, medium volatility slots are a great choice.
From this game category, Le Bandit by Hacksaw Gaming is one of my personal favorites.
Low volatility slots are all about consistency. They won’t typically wow you with huge wins or massive multipliers, but you can expect a steady stream of smaller returns. The maximum wins of low volatility slots are usually lower compared to medium and high volatility slots, too.
These games are perfect when you want to meet playthrough requirements, have a lower coin balance, or simply prefer consistency over high-risk gameplay. Take 3 Rich Piggies by TaDa Gaming, as an example – the game has so many features you will never get bored, but the highest jackpot sits at a modest 500x.
Best High Volatility Slots For Massive Wins
If you want to go for the big wins, then I’ve picked my 3 favorite high volatility slots that you can find at the listed sweepstakes casinos:
Bonanza (Megaways): 5/5 Volatility
Bonanza is the pinnacle of Big Time Gaming’s creativity. It was the pioneering slot of the Megaways feature and combines high reward potential, stunning graphics, and amazing bonus features. The game has a bonus round with an unlimited win multiplier that works in tandem with the Reaction feature.
And I love the idea of a mining cart that acts as a horizontal reel atop the standard grid, mining new symbols on every spin. It’s been around for about a decade and is still one of the first slots I come back to when I’m in the mood to chase huge multipliers. The game is set up for big wins and offers a huge max win potential of 26,000x.
Money Train 4: 5/5 Volatility
As far as high volatility slots go, I rate Money Train 4 as one of the most exciting. This game has some of the biggest bonus round wins I’ve seen, and it’s due to the random bonus symbols you can trigger during the Respins mechanic.
There’s a heap of different modifiers, such as the “Collector” who gathers all symbols with values on the reels and adds them to his own total, or the “Persistent” who adds a random value to all symbols for the current and next spins. It’s just great fun and one of the few Hold & Win games I consider buying free spins for.
Banana Town: 5/5 Volatility
I play Banana Town because I love the pixelated graphics and funny gangster monkey characters! The game is just incredibly fun to play.
You get a non-standard 6×5 reel layout, and there is the chance to purchase free spins too. 3 or more bonus symbols trigger these free spins automatically, and during the bonus, you can get special banana multipliers of up to 64x your play amount. High-risk, high-reward gameplay is on full display in Banana Town by Relax Gaming.
Medium Volatility Slots for Smooth Spinning
Not sure about your risk tolerance? Play it safe and strike a balance between high and low with these popular medium volatility slots:
Elvis Frog in Vegas: 4/5 Volatility
Elvis Frog in Vegas is a fine example of medium volatility gameplay and is my favorite BGaming slot alongside Lucky Lady’s Clover.
The game has a Coin Respin feature that can activate in both the bonus round and base game. So rewards are not clustered within the free spins alone, as is often the case with many similar releases. Through the Coin Respins, you can land one of three Hold N Win jackpot prizes embedded in the game. There’s also a Blazing Reels feature where a special Giant symbol covers most of the reels and enables larger winning combinations.
Chilli Pop: 3/5 Volatility
A Mariachi soundtrack, spicy red and green chillis, and sombrero-wearing donkeys make this slot a proper Mexican delight. It’s a cluster pays setup with an exploding (cascading) feature, which supports more frequent wins.
Many players play this game for the free spins, where the mule trail can expand the reels up to an 8×8 grid. I enjoy it more because of the Wild Pinatas feature. This Wild symbol offers dual benefits. It brings increasing multipliers, and it can also trigger a bonus prize if the symbol populates the reels completely.
Sky Pearls: 3/5 Volatility
3 Oaks have a range of simple slots with Sky Pearls being one of my favorite medium volatility games. The theme is oriental, and I love the panpipe music that plays – it’s incredibly lively.
There are also 4 different jackpot prizes that can be triggered based on your coin entry. If you hit 6+ bonus pearl symbols, the hold and spin bonus feature is triggered. During these spins, if you get an additional pearl money symbol, it sticks in place, and you get another respin to chase the 2500x Grand Pot.
Excellent Low Volatility Slots For Longer Sessions
Want to meet your playthrough requirements or have a smaller coin balance? Give these low volatility slots a try for small, consistent wins:
Lantern Luck: 1/5 Volatility
Lantern Luck by Habanero is an ultra-simple game with vibrant visuals and a soothing soundtrack that instantly immerses you in the atmospheric Chinese setting. Symbols in this slot are various types of lanterns, and each lantern symbol adds multipliers to the reels.
A Re-spin feature is available, during which you’ll get sticky Wilds that nudge on every respin. Basically, the re-spins continue until the Wilds have been nudged out of the playing field. This all takes place in the base game since there’s no bonus round. And as you can imagine, wins land often for up to 702x your entry.
StarSpell: 1/5 Volatility
StarSpell often pops up at sweepstakes casinos, but it flies under the radar. The theme revolves around witchcraft and spells, and I love the spooky soundtrack Slotmill came up with.
The maximum multiplier is only 1200x, but you can expect frequent wins with the basic spell symbols. There is also a cool expanding sticky wilds feature where the wild symbol can expand to adjacent columns and grant up to three respins.
777 Sizzling Wins 5 Lines: 2/5 Volatility
If you want a classic retro slot that feels like a real slot machine, then 777 Sizzling Wins: 5 Lines is a brilliant option. Yes, it’s incredibly basic, but I love its charm – from the goofy slot machine music and sound effects, to the fruit machine symbols – it’s just bursting with nostalgia.
Everything in this game is simple – 5 win lines, a maximum win of 60x, and no bonus features – a perfect low volatility slot for beginners.
What is the Ideal Slots Volatility Level?
There’s no such thing as ideal volatility when it comes to slots gameplay. The right volatility depends on playstyle, risk tolerance, and expectations – what you want to get out of the game.
When I want to hit a big win in the bonus round, I opt for high volatility slots as they do this best. And when I want to try and meet SC playthrough requirements, I go for low variance slots that can make my balance last longer with consistent wins. Once you understand what volatility means, you simply have to think about which style you prefer when playing at online casinos.
I will say, though, that high volatility is more suited for a high coin bankroll, while low volatility is more suited for a low coin bankroll. This is because you need a large Gold Coin or Sweeps Coin balance to wait out those long, dry spins on high-volatility slots we all love. Wanted Dead or A Wild, Le King, TNT Bonanza 2, and other trending games.
Special Features That May Vary Volatility Levels in Slots
You may already know of RTP ranges in slots. While not as common, there are also games with volatility ranges. From what I’ve seen, varying volatility levels are usually a result of one or more of these special mechanics:
These features significantly increase the risk. So before you commit to a game with such options, think about how they will affect the volatility, your bankroll management, or your social gaming strategies. At SweepsKings, we feature free online slots you can trial before utilizing your precious coins.
SweepsKings’ Tips For Managing Slots Volatility
If you spend a little time thinking about volatility, you can actually turn it to your advantage and use it to manage your bankroll, or do things like meet playthrough requirements more effectively.
Adjust your spin values accordingly: Generally speaking, it’s better to set a lower spin value for high volatility games due to the long stretches without any wins. In contrast, because of the greater consistency, it can be better to use a higher spin value for low volatility slots.
Choose volatility based on your bankroll: If you only have 5 Sweeps Coins left, it’s probably not a great idea to play a highly volatile slot, as you could use those 5 SC and not get a single win. High volatility slots are usually better when you have a sufficient coin balance to eat up the barren stretches.
Think about playthrough requirements: Bonus SC at social casinos typically have a 1x playthrough requirement. You want to meet this playthrough requirement as effectively as possible and retain as much of your Sweeps Coins as possible. For this, low volatility slots are better due to their more consistent wins.
Also consider the RTP: Don’t look at volatility in a vacuum. While it is incredibly important, you should also look at the RTP (Return to Player) of a game. For example, which would be better, a low volatility slot with an RTP of 93.78%, or a highly volatile slot with an above average RTP of 96.3%? I would take the latter – looking at you Duel at Dawn – any day of the week.
Think about how bonus buy features affect volatility: As discussed above, bonus buy features and other “feature spins” can impact volatility. For example, while you can buy free spins on a game like Pirate Bonanza, it costs an arm and a leg, so is it worth it, and how does that swing the volatility? Some slot games even provide different base game modes with varying volatility levels (Good Girl, Bad Girl), so you can try those if you prefer playing the same game but aren’t always feeling edgy.
Closing Thoughts On Slots Volatility: Risk vs Reward
I hope you now have a clear understanding of volatility and why it’s so important. If you just play slot games at sweepstakes casinos randomly without any forethought, you will burn through your Gold Coin and Sweeps Coin balances quickly.
Instead, I urge you to examine the RTP and volatility of slot games, and then adjust your spin amount, expectations, and strategies accordingly. Remember that – highly volatile slots provide infrequent wins but can deliver big coin rewards, whereas low volatility slots are generally more consistent and give frequent small wins.
Don’t forget to check out our list of recommended social casinos, too – we only feature sites that display their game volatility ratings freely!









