High-Volatility Slots in the UK: How They Play

Volatility describes how returns are distributed over time, from frequent modest wins to less frequent, potentially larger payouts.

How Slot Volatility Shapes the Pattern of Returns

Slot volatility describes the way a game’s returns tend to be distributed over time. It does not identify whether a particular spin will win, how long a losing sequence will last, or whether a session will finish in profit. Instead, it concerns the general shape of the results: whether returns are spread across frequent smaller wins or concentrated in less frequent, potentially larger payouts.

This distinction matters because two slots can produce a similar overall return profile while creating very different playing experiences. One may deliver regular minor wins that keep the balance moving, while another may produce long stretches without a meaningful return and rely on occasional larger payouts to shape its results. The visible rhythm can therefore differ substantially even when neither game offers a dependable route to profit.

Frequent smaller returns

Low-volatility slots are associated with returns distributed across many smaller wins. Winning combinations occur more regularly, but the individual amounts are generally modest in relation to the stake. A sequence of spins may therefore contain several winning results without producing a substantial increase in the balance.

This pattern can make the game appear more active. The balance may rise and fall in relatively small steps, and losing periods may be interrupted by regular returns. Such interruptions should not be confused with a reduction in the underlying risk. A win that returns less than the amount staked still contributes to an overall loss, even though it is recorded as a winning spin.

The important feature is the distribution of outcomes, not the emotional label attached to them. A frequent return can extend the visible life of a balance, but it does not establish that the game is favourable. Nor does a run of smaller wins indicate that a larger payout is due. Each game cycle remains a separate result, and the previous pattern does not create a prediction for the next one.

Less frequent larger payouts

High-volatility slots generally produce returns less often, with larger payouts playing a greater part in the game’s overall result pattern. Between those payouts, there may be extended sequences in which the spins produce no return or only results that do not offset the stake.

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The contrast with low volatility is therefore one of frequency and relative size. A high-volatility game is not defined simply by having an occasional large prize; many games can produce different-sized wins. The relevant point is that the returns are more heavily concentrated in less frequent outcomes. When a larger payout occurs, it may have a greater effect on the balance than the smaller, more numerous wins associated with a low-volatility design.

This concentration creates a less even sequence of results. A balance can change slowly during a period without a significant return and then move sharply after a successful combination. That does not mean the larger result was generated by the preceding losses, nor that the absence of a payout makes one more likely to appear. Volatility describes the observed pattern across a sufficiently broad set of outcomes, not a schedule governing individual spins.

Why the pattern can be mistaken for performance

The pace of returns is easy to mistake for evidence of a game being generous. A low-volatility slot may produce enough small wins to give the impression of stability, while a high-volatility slot may feel unproductive during a quiet sequence. Those impressions concern the short-term experience rather than the complete mathematical character of the game.

A return also needs to be considered in relation to the stake. Counting winning combinations without considering their value gives an incomplete picture. Several small wins may not compensate for the bets placed between them. Conversely, a large payout can change the result of a sequence considerably, but its presence does not turn every preceding spin into a profitable one.

For this reason, volatility should not be used as a synonym for quality. It does not show that a slot has better odds, a higher return rate, or a greater chance of finishing ahead. It indicates how results are likely to be spread: broadly across smaller returns, or more narrowly through larger and less frequent ones.

Interpreting high-volatility games

Descriptions such as “high volatility” and “very high volatility” are useful only when treated as indicators of payout behaviour rather than promises. They suggest that meaningful returns may be separated by longer periods without them, and that the balance may be exposed to more pronounced changes when a larger win occurs.

Volatility describes the observed pattern across a sufficiently broad set of outcomes, not a schedule governing individual spins.

The same principle applies when considering high-volatility slots online. The fact that a game is available through an online casino does not alter the meaning of its volatility classification. The relevant question remains how the game distributes its returns over repeated play, not whether a particular spin has been preceded by a loss or a series of small wins.

There is also no sound basis for treating high volatility as a signal that a payout is approaching. Random game outcomes do not become more favourable because a quiet sequence has lasted for some time. A large result may occur after several non-winning spins, but it may also fail to occur during the period being observed.

Volatility is therefore best understood as a description of variation. Low-volatility slots tend to provide more frequent, smaller returns; high-volatility slots tend to provide less frequent returns in larger amounts. Neither pattern guarantees profit, and neither changes a player’s ability to predict the next outcome. The distinction helps explain why different slots create different rhythms of play, but it should not be treated as evidence that one return pattern is inherently more profitable.

What the Reel and Payline Structure Can—and Cannot—Tell You

A slot’s visible layout is one part of its design. Reels, symbols, paylines and bonus features determine how a stake is arranged on the screen, but the layout alone does not provide a complete account of the game’s return pattern. This distinction matters when examining high-volatility slot machines in the UK, because a visually complex machine is not automatically a high-volatility one, and a simple layout is not automatically low-volatility.

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Reels and the distribution of a bet

A five-reel slot can allow one bet to apply across all five reels. In practical terms, the stake is not necessarily assigned to one reel in isolation. The game evaluates the selected arrangement of symbols over the available reel display and applies the chosen paylines or other winning routes according to its rules.

The number of reels therefore describes the basic horizontal layout, not the likely financial result of a spin. Five reels can be used in games with very different mathematical designs. Reel count does not, by itself, establish whether winning combinations appear often, whether individual wins are relatively small or large, or whether a game should be classified as a high-volatility slot machine.

The same caution applies to the appearance of the symbols. A machine may use elaborate artwork, several symbol types and prominent feature icons without those visual elements revealing the underlying return pattern. Presentation can explain how a game is played, but it cannot substitute for the game’s published information about its mechanics.

What paylines indicate

Paylines describe the routes through which symbols may form winning combinations. When a bet covers several paylines, the game assesses the relevant symbol positions according to those routes. A layout with many lines can therefore offer more potential winning paths than one with fewer lines, but the presence of those paths is not evidence that a session will produce a profit.

Low-volatility slots are typically associated with five reels and at least twenty-five paylines. That combination gives the game a broad layout through which winning combinations can be distributed. It should not be read as a universal blueprint: the presence of five reels and twenty-five or more paylines does not turn every title into a low-volatility game, nor does the absence of either feature prove that a game has high volatility.

Low-volatility slots

Typically associated with five reels and at least twenty-five paylines, providing a broad layout for frequent, modest wins.

High-volatility slots

Characterised by less frequent returns that may be larger in relative terms, creating a less even sequence of results.

Paylines also need to be considered alongside the way the stake is configured. A displayed total bet may cover multiple lines, while the game’s rules determine how wins are counted across them. The reel arrangement and the payline arrangement are related, but they are not interchangeable descriptions. Reels identify the main columns of the machine; paylines identify the winning routes that operate across the displayed symbols.

Fixed jackpots and bonus design

Low-volatility games typically use fixed jackpot amounts rather than progressive pools. A fixed jackpot has a stated value within the game’s design, whereas a progressive pool changes as contributions are added. This feature describes the type of prize structure, not the complete behaviour of the machine.

The same category of games typically includes bonus rounds based on multipliers applied to accumulated wins. Such a feature changes the way a qualifying bonus result is calculated. It does not, on its own, show how frequently the bonus occurs or how the overall game behaves across a long sequence of spins.

These characteristics can help describe a machine’s construction. They are not sufficient to create a reliable list of high-volatility slot machines, and they cannot establish that a title is among the best high-volatility slot machines. A label such as “very high volatility” requires information about the game’s return behaviour, not merely an inspection of its reels, paylines, jackpot format or bonus presentation.

Reading a machine without overreading it

The structure provides useful questions for evaluating a slot:

• How many reels form the main display?
• Can one bet be applied across all five reels?
• How many paylines are included in the relevant stake arrangement?
• Are jackpot amounts fixed or linked to a progressive pool?
• Does the bonus design use multipliers on accumulated wins?

Those questions clarify how the game is organised. They do not answer every question about its financial profile. In particular, a reel-and-payline description cannot by itself establish the meaning of a high-volatility slot machine, identify the likely size of its returns, or demonstrate that wins will occur at a particular pace.

For that reason, a high-volatility slot machine should not be selected solely because it has five reels, numerous paylines, a large-looking feature area or an attention-grabbing jackpot display. Conversely, a low-volatility design cannot be inferred from one isolated visual characteristic. The documented combination associated with low-volatility slots is broader: five reels, twenty-five or more paylines, fixed jackpot amounts and multiplier-based bonus rounds on accumulated wins.

Machine structure is therefore best treated as descriptive evidence. It shows how the game presents and evaluates a stake, while the classification of its volatility depends on the broader return pattern. That separation prevents the layout from being mistaken for a forecast.

Slot Games and the Limits of Named Examples

The expression “high-volatility slot games” describes a category rather than a dependable shortlist of titles. It refers to games associated with less frequent returns that may be larger when they occur. That description can be useful when considering the general shape of a session, but it does not establish that every game carrying a similar label behaves in precisely the same way.

A category-level description should therefore be kept separate from a claim about an individual high-volatility slot game. The first concerns a pattern of returns attributed to a group of games. The second requires evidence about a particular title. Without title-specific information, it is not possible to state responsibly that one named game is more volatile than another, or that a particular game belongs at the top of a ranking.

Why a named title is not enough

A game’s name does not disclose its mathematical behaviour. The wording may suggest a theme, feature or style, but it does not by itself establish the frequency of winning combinations, the relative size of returns, or the distribution of outcomes over a long sequence of spins. Those are separate matters from the visual presentation of the reels.

The same caution applies to promotional descriptions. Terms such as “extreme”, “wild” or “big win” may be used to describe a game’s presentation or intended appeal. They should not be treated as proof of a particular volatility classification. A statement that a game is a high-volatility slot games option needs to be tied to information about that title, rather than inferred from its name, artwork or advertised features.

This distinction matters especially when a page uses language such as “best high-volatility slot games”. A ranking implies that the games have been compared using a consistent measure and that the underlying information is sufficiently reliable for the order to mean something. A list assembled from reputation, theme or promotional language would not meet that standard.

Category discussion versus title-level evidence

At category level, high-volatility slot games can be discussed in terms of a return pattern. The relevant question is how often returns occur and how those returns are distributed, not whether the title has a particular number of reels, a recognisable theme or a named bonus feature. These visible characteristics may describe the game, but they do not settle its classification.

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At title level, several pieces of information would need to be considered together. The game would need an identifiable volatility description or other dependable evidence about its return pattern. Any claim about its relative position would also require the same kind of evidence for the other games being compared. A title cannot be called one of the best very high-volatility slot games merely because it is known among players or appears prominently in a casino lobby.

The distinction also prevents confusion between volatility and return rate. A game may be discussed in connection with a high return-to-player figure, but that would not, on its own, show how frequently its returns arrive or how unevenly they are distributed. Conversely, a description of high volatility does not establish that a game offers a superior return rate. These are different characteristics and should not be merged into one label.

What can reasonably be said about UK titles

For high-volatility slot games in the United Kingdom, the market label adds geographical context but does not resolve the evidence problem. A title available through a British casino is not thereby proven to have a particular volatility level. Availability, licensing status and game characteristics are separate questions.

The same applies to references to “high-volatility casino games”. Volatility is being used here as a description of slot-return behaviour. It should not be transferred automatically to every casino game. Roulette, for instance, is organised around wheel pockets and fixed betting categories rather than the reel-based pattern associated with slots. A broad casino label cannot substitute for identifying the mechanics of the game under discussion.

Attention A free-to-play version of a game does not provide evidence of what a real-money version will return, as no actual payouts are awarded.

A real money slots title should also be distinguished from a free-to-play version. Free play may reproduce the appearance of spins, but it does not turn the activity into real-money gambling: no payouts are awarded and the money used in the presentation is fake. Its results therefore should not be presented as evidence of what a real-money version will return.

A restrained way to use examples

Named examples can still have a descriptive role, provided they are not presented as verified winners of an unsupported ranking. A title may be mentioned to identify a product or to explain what information would need checking. That is different from asserting that it is the best high-volatility slot game, a very high-volatility title, or one of the best high-return high-volatility slots.

Where title-specific evidence is unavailable, the sounder approach is to describe the category and state the limits of the comparison. This avoids turning a general description into a recommendation. It also avoids implying that a named game offers a more favourable outcome merely because its volatility is described as high.

Accordingly, a useful assessment of high-volatility slot games should separate three propositions: the game exists, the game has a documented volatility classification, and the game compares favourably with other titles. Each proposition needs its own support. Establishing the first does not establish the second, and establishing the second does not establish the third.

What High and Low Volatility Mean in Practice

Volatility describes the pattern in which a slot produces returns. It is concerned with how often winning combinations appear and how substantial those wins tend to be relative to one another. It does not label a game as successful or unsuccessful, and it does not predict the result of any individual spin. Instead, it provides a way to describe the distribution of outcomes over repeated play.

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A low-volatility slot generally spreads its returns across frequent, smaller wins. Winning combinations may appear regularly, but the individual amounts are typically modest. This creates a more even sequence of results, with the balance changing through a succession of relatively small payouts rather than through occasional, pronounced prizes. The regular appearance of wins should not be confused with a guarantee that a session will remain ahead.

Across most low-volatility titles, winning combinations are typically produced every three to six spins on average. That interval is a broad description of the pattern, not a schedule. A particular sequence can contain more spins without a win, or several wins close together. The average does not determine when the next combination will occur, nor does it make a previous result relevant to the next spin.

High volatility describes the opposite distribution. Wins occur less often, while the potential individual returns are larger in relative terms. A long run without a winning combination can therefore be followed by a more substantial payout. The important distinction is not that every win is large, but that the overall pattern contains fewer wins and places greater weight on occasional larger returns.

Very high volatility extends this pattern further. Returns are concentrated more strongly in infrequent outcomes, so the ordinary sequence may contain extended periods with little or no return. When a winning result does occur, its size may be markedly greater than the smaller wins associated with a low-volatility pattern. Even so, a larger possible return remains an outcome rather than an entitlement. The label describes the game’s intended distribution, not the result guaranteed by a particular number of spins.

Payout Patterns

Volatility describes the frequency and concentration of returns, not a guarantee of profit or a prediction of individual spin outcomes.

The terms high and low are comparative rather than absolute. A game described as high volatility has a more uneven return pattern than a low-volatility game, but the labels alone do not specify the exact size of a prize, the length of a losing sequence or the timing of a win. They should therefore be read as broad classifications. Two games within the same category may still produce noticeably different experiences.

Volatility is also separate from the basic fact that a game can produce wins without being favourable in the long run. Frequent small returns can make a low-volatility slot feel active because the balance is affected repeatedly. Less frequent larger returns can make a high-volatility slot feel more interrupted. Neither impression, by itself, establishes that one game offers better value. The category concerns the timing and relative scale of returns, not a promise of profit.

This distinction matters when interpreting descriptions of slots in casino material. “Low volatility” should not be taken to mean risk-free or consistently profitable; it indicates a tendency towards more numerous, smaller winning combinations. “High volatility” should not be treated as a statement that every session will contain a major payout; it indicates that winning results are expected less frequently and that larger returns form a greater part of the distribution.

The same terminology can be applied to very high-volatility games, but the wording should remain proportionate. Such a classification signals a particularly uneven pattern of outcomes. It does not identify a specific title, establish a ranking, or show where a game is available. Those are separate questions from the meaning of volatility itself.

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In practical terms, the contrast is therefore one between frequency and concentration. Low volatility distributes returns across many smaller wins, with winning combinations typically appearing every three to six spins on average across most titles. High volatility distributes returns less evenly: winning combinations are less frequent, and larger individual payouts carry more significance within the overall pattern. Neither description changes the random nature of each spin.

Is High or Low Volatility Better for a Slot Session?

There is no universal answer to whether high or low volatility is better. The more useful distinction concerns the type of session produced by each pattern. High volatility is associated with fewer winning outcomes and comparatively larger payouts when they occur. Low volatility distributes returns across more frequent, smaller wins. Neither description establishes that one option is more profitable than the other.

The choice therefore concerns the shape of results rather than a reliable method of improving them. A high-volatility slot may produce a long sequence without a meaningful return, followed by a larger payout. A low-volatility title may produce winning combinations more regularly, but those wins are generally smaller. The contrast can make the two games feel very different even when neither has a favourable mathematical expectation.

Session pace and perceived progress

Low volatility often creates a steadier visual rhythm. Winning combinations typically appear across many spins, and low-volatility games produce them every three to six spins on average across most titles. That frequency can make the balance appear to move less abruptly. It does not mean that the total value of those wins will cover the stakes, nor does it turn a losing game into a profitable one.

Do

• Use volatility to understand the rhythm of play
• Consider the mathematical character of the game

Don’t

• Use volatility as a synonym for quality
• Treat a quiet sequence as a signal that a payout is approaching

A high-volatility slot produces a less even sequence. Several spins may pass without a substantial return, while a later result may be much larger relative to the preceding outcomes. This pattern can suit the description of a session built around occasional significant events, but it can also make the available balance change more sharply. The size of an individual payout should not be confused with the probability of receiving it or with the likelihood of ending a session ahead.

For that reason, the question of whether high volatility is good or bad cannot be answered independently of the intended session experience. A person looking for frequent visible wins may find low volatility more compatible with that preference. Someone interested in less frequent, larger potential returns may prefer the pattern associated with high volatility. These are observations about preference and pacing, not evidence of a superior game type.

Why volatility does not remove the house edge

Volatility describes variation in the timing and size of returns. It does not alter the basic relationship between the amount staked and the game’s mathematical expectation. Where a game has a positive house edge, its expectation for the player is negative over a sufficiently large number of sessions. That remains true whether losses occur gradually through many small shortfalls or more abruptly during extended periods without a meaningful win.

This point is central to comparisons between high- and low-volatility slots. A low-volatility game can feel less severe because smaller returns arrive more often. A high-volatility game can appear more attractive after a large payout. Neither experience demonstrates that the underlying advantage has changed. The difference lies in distribution: one pattern spreads returns more evenly, while the other concentrates them into less frequent outcomes.

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A large payout also does not compensate automatically for the spins that preceded it. Its relevance depends on the entire sequence of stakes and returns, not on the isolated result. Similarly, frequent small wins do not demonstrate that a low-volatility slot is safer in financial terms. They describe the frequency of winning combinations, not a guarantee that the session will finish with a surplus.

Assessing a “best” high-volatility slot

The label “best high-volatility slot” suggests a ranking that cannot be established from volatility alone. Volatility does not identify a particular game as better, and the category itself says nothing conclusive about the suitability of a title for a particular session. A comparison would require evidence about the individual game and a clear criterion for “best”; without that, the label is subjective.

The same limitation applies to the broader question of whether it is better to play high or low volatility slots. High volatility is not inherently good, and low volatility is not inherently bad. The former tends towards less frequent, larger returns; the latter towards more frequent, smaller ones. Both patterns can occur within games that retain a positive house edge.

A careful comparison should therefore separate three issues: the frequency of winning outcomes, the relative size of those outcomes, and the game’s long-run expectation. Volatility addresses the first two. It does not reverse a negative expectation. The more defensible conclusion is that high or low volatility may suit different preferences for session pace, but neither provides a mathematical basis for calling one universally better.

High-Volatility Slots in Great Britain: Limits and Licensing

A high-volatility slot is not given a separate legal category in Great Britain. The term describes a game’s pattern of returns, while the rules governing its operation apply to online slots generally. Consequently, a slot with infrequent, larger payouts is subject to the same licensing framework and stake controls as a slot with more frequent, smaller returns.

Stake Limits

In Great Britain, maximum stakes are limited to £5 per game cycle for customers aged 25 and over, and £2 for those aged 18 to 24.

For customers aged 25 and over, the maximum stake on an online slot is £5 per game cycle. For customers aged 18 to 24, the limit is £2 per game cycle. These limits concern the amount staked in one cycle, rather than the volatility label attached to the game. The £5 limit for all adults came into force on 9 April 2025, while the lower limit applies to the younger age group.

The UK Gambling Commission is responsible for gambling regulation in Great Britain, including remote gambling supplied to consumers there. Its responsibility does not depend on where the operator’s technical equipment is located. In practical terms, a business targeting customers in Great Britain must fall within the Commission’s licensing system even when key operational infrastructure is elsewhere.

The Commission is the single regulator for commercial gambling in Great Britain. It grants operating licences to businesses and personal licences to individuals whose roles involve operating gambling activities. An online casino offering real-money slots therefore requires the appropriate operating authorisation, and relevant personnel may require personal licensing as well.

This distinction matters when high-volatility slots are assessed in a British market context. Volatility can describe the statistical character of a game, but it does not replace regulatory status or alter the stake ceiling. A title promoted as high volatility remains an online slot for regulatory purposes. The applicable controls arise from the product’s classification and the customer’s age, not from the size or frequency of its advertised prizes.

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A specialist review may describe the £5 and £2 limits as applying to different adult age groups, but the underlying regulatory position should be understood through the Gambling Commission’s remit and the operator’s legal authorisation. Licensing addresses who may provide the gambling service; stake limits address how much may be risked in each online-slot game cycle.

Casino Bonuses and High-Volatility Play

A high-volatility casino bonus strategy in the UK has to begin with the timing attached to the offer, rather than with the label assigned to a slot. A bonus balance may appear useful for a longer session, but the relevant question is how long the promotion remains available for use. A specialist review reports a 48-hour lifespan for bonuses. That is a condition attributed to that particular review, not a universal term for every casino promotion.

The time limit matters because high-volatility games can produce a less even sequence of returns. A session may contain longer stretches without a substantial payout, followed by a comparatively large result. A short promotional window can therefore make the choice of game and the pace of play important practical considerations, although neither a bonus nor a particular volatility profile changes the underlying nature of the slot.

No general conclusion follows that a bonus makes high-volatility play more favourable. Promotional funds do not remove the possibility of losing the deposited balance, and the presence of additional funds does not turn an uncertain return pattern into a predictable one. Equally, a low-volatility game should not be treated as automatically preferable merely because its returns are distributed more frequently.

Bonus planning is consequently a matter of matching the promotion’s stated time window with the intended session, while treating the offer as a separate condition from the slot’s mathematics. The reported 48-hour period is especially important where a promotion is activated immediately but the chosen game produces returns at an uneven pace. A bonus that expires before it can be used has no continuing value, regardless of the slot’s volatility classification.

The term “high-volatility casino bonus strategy” should therefore be understood narrowly: it describes consideration of promotional timing alongside an uneven payout pattern. It does not establish a winning method, guarantee that a bonus will be completed, or show that high-volatility real money slots are more suitable than alternatives. The specific promotional rules attached to an offer determine its practical significance, and the reported lifespan should not be transferred automatically from one casino or promotion to another.

Slot Volatility and Other Casino Games

Slot volatility belongs to the language of slot returns, so it should not be transferred directly to every casino game. A high-volatility casino game, in the broad sense, may involve outcomes that feel infrequent or uneven, but that description does not create a shared measurement across slots, table games and other formats. Each game needs to be considered through its own rules, outcome structure and stated payouts.

Roulette provides a clear contrast. European-style roulette uses a wheel with 37 pockets, numbered from 0 to 36. Bets are placed on those defined outcomes, and the payout depends on the type of wager selected. A straight bet on one number pays 35:1 if that number wins. The result is therefore described through the wheel, the chosen number and the fixed return attached to that bet—not through slot volatility.

This distinction matters when casino games are compared. A slot’s volatility describes a pattern of returns generated by its game design, while roulette presents a set of discrete betting choices with established payouts. Calling roulette “high volatility” may be an informal description of how a particular betting approach feels over a session, but it does not make roulette a high-volatility slot or give the phrase a standard slot meaning.

The same caution applies to wider casino comparisons. A game should not be judged by importing terminology from another category when its rules use a different framework. For roulette, the relevant questions concern the wheel format, the selected wager and the corresponding payout. For slots, volatility remains a characteristic of the return pattern. Keeping those categories separate makes comparisons more precise without suggesting that one game type offers a preferred financial outcome.

The Difference Between High- and Low-Volatility Slots

The difference between high- and low-volatility slots is principally the way returns are distributed over time. Low-volatility games tend to produce winning combinations more frequently, with the individual wins generally being smaller. High-volatility games tend to produce wins less often, while the successful payouts can be larger relative to the stake.

This distinction describes a pattern, not a prediction for a particular spin. A low-volatility slot can still produce a sequence without a win, and a high-volatility slot can return a smaller amount. Volatility concerns the broader distribution of outcomes rather than a fixed schedule that determines when a payout must appear.

The contrast is therefore not between a slot that pays and one that does not. Both types can produce wins, but they place those wins differently across play. In low-volatility games, the balance of outcomes is associated with many modest returns. In high-volatility games, fewer winning events account for a pattern in which larger payouts are possible.

The labels should not be treated as a complete description of a game. They do not establish that a particular spin will win, identify the size of the next return, or indicate that either pattern is financially preferable. A direct comparison is useful only when frequency and payout size are considered together: low volatility generally favours more regular, smaller returns, whereas high volatility favours less regular returns with greater potential size.

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