Online gaming is no joke – as a matter of fact, it’s an industry that has grown tremendously over the past years and which now has surpassed its $41.4 billion a year mark. The games are fun, and the games tend to be addictive as well. Looking for great games that fit your lifestyle? Here’s all you need to know about low-risk, medium-risk and high-risk variance in online slots.
Risk versus reward
It’s a basic idea when it comes to investing – the more you invest, the more you should expect to gain. That is, if your investment works out. Granted, online gaming is not the same as what some may call ‘smart investments;’ but on the other hand, there are lots of seasoned investors who will claim that there’s a lot of luck involved when it comes to making a profit. The point is this: if you’re going to aim high, be willing to put in some money. If you’re not going to put in the money, be happy with lower returns.
Random number generators
Though there is no actual, physical roll of the dice, or no actual, physical pull of the arm, there is a randomness factor. The software employed uses a random number generator – and this ensures that your outcome is completely random, just as you were to throw the dice or generate a rolling of the slots in slot games in real life. This is highly regulated, by the way, and government agencies check on this.
Low Risk
You won’t earn much when you win, but your stakes are minimal. You can play a lot of games this way.
Medium Risk
Well, think of it this way: you put some more money down, but your potential winnings increase a lot.
High Risk
This is for the high rollers – high stakes; put some more money down, and a potential jackpot that will take care of you for years to come.
The key to finding the right game for you is this: find out what kind of player you are and then decide what game is best for you. Yes, everybody likes a high reward, but the high reward requires high risk, and not many people are comfortable with that. Similarly, everybody wants a low-risk game, but not everybody feels that the reward of a low-risk game is worth the trouble. Decide first of all what kind of a player you are – look at your risk tolerance level and the reward you expect to get – and the rest is just a matter of looking around to find a game to suit your style and preference. Once you figure it out yourself, it’s easy to enjoy the game.