DEFINITION
The degree of risk and reward fluctuation in a gambling game. High variance means big wins but less frequently.
IN DEPTH
Slots with low variance pay small amounts often. High variance slots pay rarely but in larger amounts. Understanding variance helps you choose games that match your bankroll.
WHY THIS MATTERS
Why Variance Matters When Choosing a Crypto Casino
High variance pokies can go 200+ spins between significant wins but pay large amounts when they hit. Low variance pokies pay small amounts frequently. For casino play with a fixed budget, low variance extends your session and lets you enjoy more play time. High variance suits players chasing large payouts with an acceptable total loss.
RELATED TERMS
Crypto Casino
An online casino that primarily accepts cryptocurrency for deposits and withdrawals.
Fiat Currency
Government-issued currency such as AUD, USD, or EUR, as opposed to cryptocurrency.
House Edge
The mathematical advantage a casino holds over players on any given game, expressed as a percentage.
RTP (Return to Player)
RTP is the percentage of all wagered money a game pays back to players over time, expressed as a percentage.
Compare the best crypto casinos Australia ranked by our AU review team.