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The slot has a high variance, which is also a theoretical indicator that predicts less frequent payouts with higher pot amounts instead of a slot with a low variance that will frequently pay out small pots.

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A low-volatility slot machine has regular but smaller wins, while a high-variance slot machine has fewer but bigger wins.

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For instance, one casino might be known for its extensive selection of high-variance slots, while another might be popular among gamblers for its wide range of low-stakes reel games ...

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Deciding on high variance and low variance slots is important for those aiming to optimize the enjoyment and winnings they can achieve.

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For a wide spread (image 2) the bias is high: the RBFs cannot fully approximate the function (especially the central dip), but the variance between different trials is low.

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American Dad, the slot game, has a low-variance and a 96.10% RTP, making it likely for players to score many consecutive prizes.

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