Ever read a story about how someone became a millionaire from a single spin? For some of us, tales like these are why we started playing in the first place and so we're always on the hunt for that massive win that could propel us to a life of luxury. One single big win, however, will only ever come if you take the plunge and start to high variance slots.
In contrast to low variance slots, high variance slots pay out larger sums yet they don't happen as often. It's all to do with weighing up the risk, versus the reward – and when the reward can be life changing, it's understandable why some players love these types of games! Today we're talking about what ‘high variance' means and which are the best games of this type to play right here at GoWin.
We've got a wide variety of different slots at our casino, and our high variance games are brought to us by different software developers, boast different themes and can be played across all devices. This means that if high variance slots are the sort of games you love to play, we've got something to suit you!
The term variance is used in gambling to refer to how far a game changes from it's expected value. For instance, a slot which produces frequent yet small payouts and doesn't deviate this pattern would be considered a low variance slot.
A high variance slot, therefore, is one that is a little more unstable. It offers players amazing highs (like the chance to win huge amounts), yet it will also come with it's lows, which can often mean spinning for quite some time without a single win. High variance slots are sometimes also referred to as highly volatile (or high volatility), as these slots are liable to be unpredictable and change very quickly.
As you can see, high variance slots are much riskier to play than low variance slots. However, the rewards are much bigger and better, which is why its easy to see why players often love these types of games. Before you start playing high variance slots, however, you need to consider your bankroll. High variance slots can gobble up your cash rapidly, without a single win. You need a fairly big budget to be able to play through the lows and push on until you hit the jackpot.
Pharaoh's Fortune is an IGT slot which started out in bricks and mortar casinos and reached ‘iconic status'. In 2014, the brand released the online version of the game and players around the world can now enjoy this Egyptian themed slot across all devices.
The slot features 5 reels and 15 paylines, and can be played for as little as 15p. Like many high variance slots, the game is quite stripped back and there's not a lot of bonus features. However the beauty of Pharaoh's Fortune lies in its extra spins round.
The extra spins round is triggered when three Pharaoh symbols line up on reels one, two, and three. At this point, the number of paylines will expand to 20, which means there's more chances to win. The bonus feature will start with 3 extra spins and a 1x multiplier, but you will also find there are 3o unturned stone blocks now present. 22 of these blocks award you with an extra extra spin, 4 of them will add an extra multiplier to the game, and 3 of them will automatically start the bonus round without any additional rewards.
Players can choose which blocks to reveal, and there's a potential of receiving 25 extra spins with up to a 6x multiplier. In addition the round can be retriggered up to a maximum of 999 extra spins in total and, although this is unlikely to happen, it does mean that you may be able to cash in on a few more spins than you bargained for. The trick with Pharaoh's Fortune is to keep spinning until the bonus round is triggered, this paves the way for huge wins and should please most players who're searching for that adrenaline fueled experience.
300 Shields is a NextGen game that was launched in 2010, and it features 5 reels and 25 paylines. The game can be played for as little as 25p per spin, up to a maximum of £200 per spin. 300 Shields has grown a reputation for being one of the brand's highest variance slots, so it's perfect for players who are hunting those huge wins.
With this slot you have the chance of creating wins well over the 1000x mark, and this is mostly due to the huge 300x multiplier which is available in the extra spins round. Similarly to Pharoah's Fortune, the base game in 300 Shields isn't that exciting so the game is all about triggering the bonus round. Players may pick up a few wins in the base game, but in general these are small amounts and so if you've don't activate the bonus round frequently, you could see your bankroll plunge very quickly.
The extra spins round offers multipliers between 5x and 300x! During the extra spins round you collect shields, and this is what increases the multiplier. Collect 2 or more shields and you'll receive a second series of spins with a 5x multiplier. Collect six or more and you'll receive a 25x multiplier on your second set of spins, or collect 12 or more shields to receive a huge 300x multiplier on all wins!
The biggest win of the game can be found if you create a five of a kind wild combination which, in the base game, will reward you with 1,000 coins. However, apply that 300x multiplier and you could be picking up a whopping 300,000 coins!
NetEnt are renowned for producing high quality video slots, but did you know they're also a great software developer to head for if you're in search for high variance games? Pyramid: Quest For Immortality was launched in 2015, and whilst the game doesn't feature many of the bonus rounds we know and love, it can reward you with some staggeringly big wins.
The genius behind Pyramid: Quest for Immortality all lies in the ‘Wild Generations' feature. This feature is activated when you create a win at the top of the game's unique pyramid shaped layout. A win will create wild symbols and if you create a further win, these symbols then explode and more avalanche down to create more chances of a winning combination. As well as creating wilds, the feature also adds a multiplier to the game. This multiplier can reach up to 10x, if you manage to create several wins in a row.
As is to be expected with a high variance slot, Pyramid: Quest for Immortality does have the potential to leave you spinning without a single win for quite a while. Small, successive wins are vital in this game, yet these are fairly easy to come by once the Wild Generations feature is triggered. The game has an amazing payout of 3,600,000 coins which is created by achieving a full board of top paying symbols with the 10x multiplier. Granted, this is no mean feat, however it does make for a very exhilarating and rewarding slot.
Piggy Riches is another classic NetEnt game, and fans of the slot will wax lyrical about it's payout potential. The slot features 5 reels and 15 paylines, and can be played for a minimum of 15p a spin. The symbols reflect the game's lucrative nature, with bulging wallets, gold bars and flash car keys all present.
The game features two bonus symbols, and these are Mr Piggy and Mrs Piggy. Mr Piggy is the game's wild and and he will reward all wins that involve him with a 3x multiplier. He's key to the game as this symbol helps stretch your budget in the base game to see you through until you trigger the bonus round.
Mrs Piggy is the game's scatter and the more of her you find, the more extra spins you'll be rewarded. The maximum you'll receive is 28 extra spins with a 6x multiplier, which will give you plenty of chances to aim for that jackpot prize. You'll also receive one extra extra spin for every scatter that shows up during the bonus round, which really helps to elongate your gameplay and boost your winning potential.
During the extra spins round, you can choose between more extra spins with a lower multiplier or less extra spins with a higher multiplier. Piggy Riches is a cult classic because it allows this choice, however we recommend that high variance seekers always opt for the higher multiplier as this is your path to claiming the big wins!