The modern marketing of live casino games has changed significantly. Now more than ever the players are explained in any way possible that gambling is mostly for leisure and not for profiting. However, the old perception of casino games being a lucky ticket to richness is still very much alive, especially in countries with poor industry regulations.
Casinos are programmed to take players on emotional rollercoasters of wins and losses, and statistically — the more time you spend wagering per session, the higher the winning chances. Does this mean you should stop gambling altogether? Not necessarily, if you play responsibly. But it is vital to understand how casinos operate.
This is where terms like RTP and volatility come in. While RTP is a relatively easy concept to grasp — you get back the exact percentage that the RTP states, it is always a bit more complex with volatility.
In a nutshell, the volatility index is a math model that shows how a game can potentially work for you over the course of hours or days. Volatility in live casino games is usually either low or high. With low volatility, wins will come in more frequently, but in lower amounts. With high volatility, prepare yourself for a streak of losing rounds before you can hit a win, and this win might be quite solid.