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Medium Volatility Slots

Browse our updated list of medium volatility slots and balance risk and reward when playing at an online casino. Volatility, also referred to as variance, describes the frequency and amount of payouts in slot machines.

Medium volatility slots are perfect for players who want to play a game with frequent payouts while still keeping the chance of a life-changing win alive.

If you want more wins and don’t care if they’re on the smaller side, check out low volatility slots. For a better chance to win big, pick online slots with high variance. However, keep in mind that high volatility slots are also high risk, so make sure you know what you’re in for when playing these types of games.

Best Casinos for Medium Volatility Slots

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Top 20 Medium Volatility Slots

Most of the new games launched by casino software providers are medium variance slots. Therefore, hundreds of new slots hit the market every year, each with unique features.

We try to review all new games as quickly as possible and update our top lists accordingly. Check out our current top-ranking medium volatility slots in the following table.

Slot title RTP
Guns n Roses 96.98 %
Cats and Cash 96.07 %
Celtic Gold 96.53 %
Coins of Fortune 96.48 %
Fat Rabbit 96.45 %
Wild Swarm 97.01 %
Berry Burst 96.56 %
Queen of Riches 96.9 %
Fire Joker 96 %
Owls 96.22 %
New Tales of Egypt 91.93 %
Dungeon Quest 96.27 %
Blaze of Ra 96.4 %
Dead or Alive 2 96.8 %
Lucky Diamonds 95.94 %
Diamond Strike 96.48 %
Gordon Ramsay’s Hell’s Kitchen 96.07 %
Golden Colts 96.55 %
Pandas Fortune 96.17 %
Tiki Tumble 96.49 %
For more games, browse all online slots.

Advantages of Medium Variance Slots

Since most online slots are of medium volatility, there must be an obvious advantage. While it’s not as simple as that, there are benefits to medium variance games that make them the perfect choice for many players.

First of all, medium volatility slots provide gamblers with manageable risk. These machines don’t pay out quite as frequently as low variance games, but more often than high volatility slots. Players can expect to regularly hit winning combinations for decent-size payouts in the four-to-five-figure range, but usually not higher than that.

Because you can expect regular wins, it’s easier to set yourself a budget during gameplay. Medium variance slots there prolong your play since you will manage to stay within your budget for a much longer time.

For the reasons above, medium volatility slots are perfect for players who want to manage their bankroll while having the chance for substantial payouts.

Disadvantages of Medium Volatility Slots

There are usually cons when there are pros, which is also true for medium volatility slots.

Unlike online slots with low volatility, wins on medium variance slots are spread out a little more and less consistently. It means that you might still end up facing a long period of win-less spins, even though not as extreme as drought periods in high variance slots.

Another disadvantage of medium volatility slots is the lack of jackpot wins. While it isn’t uncommon to score four-figure wins, winning a jackpot is nearly impossible on medium variance slots.

Progressive jackpot slots build an exception to the case – Mega Moolah is considered a low variance slot, for example – but that’s because progressive games are a different kind of animal.

5 Medium Volatility Slots in Detail

We’ve already put together a table of the top 20 medium volatility slots, so let’s dive a little deeper into five of them and see what other benefits and features you can expect from them.

1. Fat Rabbit by Push Gaming (96.45% RTP)

Fat Rabbit slot by Push Gaming

Fat Rabbit is a medium volatility slot by Push Gaming, which players seem to love. A betting range of up to $100, 50 paylines, and a 3,844x max win make this online slot a fun choice.

However, if you’re in for some unique features, Fat Rabbit might not be for you since the game sadly neither has bonus games, a multiplier, respins.

2. Diamond Strike by Pragmatic Play (96.48 %)

Diamond Strike by Pragmatic Play

Diamond Strike is a super-fun retro-style online slot that happens to be medium variance. Play a typical fruit machine with 15 paylines, a $75 max bet, and a solid 96.48% RTP rate.

The Pragmatic Play slot comes with free spins and built-in bonus game features but also lacks some more unique features like respins or multipliers.

3. Dungeon Quest by NoLimit City (96.27% RTP)

Dungeon Quest by NoLimit City

Dungeon Quest by NoLimit City is a great medium volatility slot for those that want to enjoy a long day of gambling. An above-average RTP of 96.27%, a max bet of $100, and a max win of 450x your stake mean you can expect decent payouts at limited risk.

Dungeon Quest’s theme is something to get used to, as it’s rather mundane at first glance. However, it turns into a high-paced and fun online slot game after a few spins.

4. Guns N Roses by NetEnt (96.98% RTP)

Guns N Roses by NetEnt

Guns N Roses by industry evergreen NetEnt is probably one of the most successful medium volatility slots. This is mainly due to the unbelievable RTP rate of 96.98%, making this game almost classify as a high variance slot.

Be ready for a $200 max bet and a multiplier feature, setting you up to win big despite being a medium variance slot.

5. Queen of Riches by Big Time Gaming (96.90% RTP)

Queen of Riches by Big Time Gaming

If Ancient Egypt is your thing, try Queen of Riches by Big Time Gaming. This medium volatility slot should be on everyone’s top list with 117,649 paylines and 96.9% RTP.

So, what’s holding it back from making it the number one choice of players? Unfortunately, the Queen of Riches max bet is set to only $10, well below the industry standard. However, coming with a multiplier, you still have a chance to cash out big time.


What are medium volatility slots?

Medium volatility slots are games that balance risk and reward by providing players with frequent payouts of medium-sized amounts.

Can I win a million at a medium variance slot?

It’s relatively uncommon to win such a high amount at an online slot with medium volatility, but not entirely impossible. However, if you do want to aim for such a win, you might want to check out progressive jackpot slots.

Which progressive jackpot slot is of medium volatility?

Surprisingly, lots of progressive jackpot slots are of lower volatility. Check out Arabian Nights by NetEnt if you want to have the chance of winning seven figures on a medium variance slot.

Why are high volatility slots so popular?

Slots with high variance give you the chance to win massive amounts on just a few spins. For that reason, these slot types are very appealing to many gamblers. Due to the risk that comes with them, high volatility slots are not a good choice for some players.

Is there a benefit to low volatility over medium variance slots?

Low variance slots payout way more often than low volatility slots, and your bank account won’t suffer as much. If you don’t care so much about life-changing wins and prefer to enjoy a long day of gambling, slots with low volatility are a great choice.

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