Patrick Brown

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Volatility in gambling measures the fluctuation of a player’s bankroll over time, much like a roller coaster, with ups and downs based on wins and losses. The volatility of a game can influence a gambler’s experience and potential winnings.

High volatility games have a lower hit frequency, meaning wins are less frequent but potentially larger, leading to significant short-term swings in a player’s bankroll. Conversely, low volatility games have a higher hit frequency with more regular wins, but typically smaller amounts.

Understanding a game’s volatility can inform a player’s choice of game depending on their risk preference and bankroll size​

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