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High Variance Slots – The Best Online Slots with High Volatility

There’s no question high variance slots are the perfect choice for risk-taker in life. Payouts come less frequently at these slot machines, but your bank account will thank you when they do.

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List of High Volatility Online Slots

If you know a thing or two about online slot variance, you might want to skip the queue and dive right into the action. We’ve put together a table with the top 10 high variance slots by developers such as Big Time Gaming, Play N Go, and others.

For more games, browse all online slots.

On the other hand, if you’re still unsure whether high variance slots are for you, keep reading and learn how to choose between slot machines with low, medium, and high volatility.

10 Best High Variance Slots

We’ve already listed the best high volatility slots, but let’s go a little more into detail about each game and why they deserve to be on that list.

1. White Rabbit by Big Time Gaming (97.72% RTP)

White Rabbit by Big Time Gaming

Based on Alice in Wonderland, White Rabbit is a high variance slot from Big Time Gaming. With a minimum bet of just 1 penny, a maximum bet of $20, and 248,382 paylines, there is a real chance of winning big.

What’s more, with 97.72% RTP, White Rabbit is not only high volatility but also one of the best RTP slots. And last but not least, the BTG slot is feature-packed, including:

  • Free spins
  • Bonus games
  • Multiplier
  • Respins

2. Dead or Alive by Netent (96.80% RTP)

Dead or Alive by NetEnt

A top 10 list wouldn’t be complete with an online slot from NetEnt. The Wild West slot Dead or Alive has been wildly popular amongst players in the English-speaking markets.

A maximum bet of $36, 96.8% RTP rate, and a 12,000x potential max payout gives you all the prerequisites for a successful real money gambling adventure.

To score a winning combination at this high volatility slot, simply land three matching symbols on one of the nine paylines. It’s that easy. To help you out, NetEnt built some nice features into the game, such as scatter, multiplier, and bonus games.

3. Punk Rocker by NoLimit City (96%)

Punk Rocker by NoLimit City

If Billy Idol reminds you of your youth, Punk Rocker is for you. NoLimit City’s high variance slot ships with features such as a $100 max bet, 96% RTP, and a cool anarchy-style slot theme.

Score winning combinations across 243 paylines and make use of the often sought-after respin feature, allowing you to spin the reels one more time when you’re missing just one more symbol to win.

4. Rise of Merlin by Play N Go (96.58%)

Rise of Merlin by Play N Go

Rise of a Merlin is an online slot with high variance from the developer studio Play N Go. If Fantasy and supernatural stuff is your thing, you should check out this game.

While the slot machine lacks features like respins, multiplier, and bonus rounds, it returns 96.58% to its players (over time), which puts it in the top 10 of all medium RTP slots.

The betting range starts as low as $0.01 all the way up to $100, and you’ll get wild and scatter symbols and the chance to win free spins in play.

5. Chilli Heat Megaways by Pragmatic Play (96.5% RTP)

Chilli Heat Megaways by Pragmatic Play

Pragmatic Play’s high volatility slot Chilli Heat Megaways might not have a unique theme or stunning symbol designs, but it has a whole range of cool features.

First of all, Megaways. The random reel modifier mechanic truly randomises how many symbols will appear on the reels on any given spin and give you countless more ways to win.

But that’s not all. How does a 96.5% RTP, 200,704 paylines, and a respin feature sound? If you’re after some unpredictable fun, Chilli Heat Megaways is a perfect choice.

6. Jammin Jars by Push Gaming (96.83% RTP)

Jammin Jars Slot by Push Gaming

Jammin Jars by Push Gaming is probably one of the breakthrough slots of the past year. The high variance slot quickly rose to fame amongst players, and there’s good reason for it.

A return rate of 96.83 % makes Jammin Jars one of the best-paying online slots with medium RTP. Further, Push Gaming’s slot machine is packed with features, including:

  • Free spins
  • Multiplier
  • Respins

Jammin Jars is a universally good choice for slot players, and we love the fact that, despite its modern look, it still follows the pattern of a classic fruit machine.

7. Danger High Voltage by BTG (96.22% RTP)

Danger High Voltage by Big Time Gaming

Another BTG made the top 10 list. Danger High Voltage is a high volatility slot with a 96.22% RTP rate. As such, it’s one of the higher-paying slot machines around.

With 4,096 paylines, you also get more than enough ways to hit a winning combination, and nifty features like free spins, bonus games, and multipliers help you with that.

The only downside of Danger High Voltage is probably its theme, which is neither very appealing nor has anything special. It’s especially surprising considering the game only launched in 2019.

8. Firefly Frenzy by Play N Go (96.59% RTP)

Firefly Frenzy by Play N Go

Firefly Frenzy is another online slot that won’t win the next beauty contest, but it shouldn’t deflect from the fact that is plenty to offer.

Play N Go’s slot features high volatility, meaning you’re less likely to win often but larger amounts if you do. Officially an animal-themed game, you do you’re looking to land the firefly on the reels to win big.

The features of Firefly Frenzy are relatively standard, with wild and scatter symbols available and the chance to win free spins and unlock a multiplier.

9. Jack and the Beanstalk by Netent (96.3% RTP)

Jack and the Beanstalk by Netent

Jack and the Beanstalk is a super fun Fantasy-themed online slot by NetEnt. The high variance slot is what some would consider a classic slot machine with 20 paylines, a betting range up to $100, and an RTP rate in the mid 96% range.

Players also benefit from a range of features, such as:

  • Free spins
  • Bonus games
  • Respins

We’ve tested Jack and the Beanstalk various times and consider it one of the most fun, high variance online slots for both beginners and advanced players.

10. Immortal Fruits by NoLimit City (96.06% RTP)

Immortal Fruits by NoLimit City

Who’s surprised that another NoLimit City slot made the top 10 list of high volatility slots!? The games’ developer is one of the hottest around and has launched countless high variance games in the past years.

Immortal Fruits is a classic fruit machine with strawberries, blueberries, lemons, and the iconic “7” symbol to land on the reels. An above-average RTP rate, 50 paylines, and a maximum bet of $100 guarantee fun and rewarding gameplay.

Bonus games and multiplier round up the overall superb gambling experience, and it’s no surprise that our readers have given this slot a 4.7 out of 5 rating score.

Low, medium, or high variance – what's the right slot for you

We’ve made it clear that the games featured on this page are for risk-takers and thrill-seekers. High variance slots are known for high payouts, but every so often, they let you hang with no wins whatsoever for a very long time.

For that reason, if your funds are low or you don’t like stressful situations, high volatility slots are not for you, and you should consider games with low variance.

Low volatility slots build the opposite of high variance slots. Instead of paying out big, these games tend to return smaller amounts more frequently. They often produce a much more calm and fun gambling experience, yet you’re mostly out of luck if you’re looking for a life-changing win.

For those that want to balance risk and reward, look no further than medium variance slots. These types of games payout frequently, usually on the lower side, but with the occasional big win. It’s perfect for when you want to control your spending, don’t stress out too much, yet still keep the chance of a big win alive.

Before we finish, please keep in mind that high variance does not equal high RTP, as players often confuse this.

Variance, or volatility, refers to the likelihood of payouts, whereas RTP is the percentage of all money wagered a slot game returns to its players over time.

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