High Volatility & Winning Potential Bets You Can Make On Live Dealer Games
When it comes to playing at online casinos there is nothing quite like the thrill and excitement attached to winning big. Playing for real money with live dealers is a buzz, and when you throw in potential big money wins through high volatility games you can get things going as a player. Most casino games have been designed in a way that leaves you on a high one minute, with plenty of wins under your belt, to being way down just a few short minutes later. Bets of this kind are known as volatile, and there are potentially large winning bets that can be made on live dealer games, which we’ll take a look at a bit further on in the article.
Within financial terminology volatility is a term that measures the variations in valuation of an investment. For gambling and casino purposes the term relates to the rollercoaster ride of winning and losing, being up and down with your bets. The level of volatility tells you how a game could potentially work for you over several hours or days. High volatility offers that bit of the unexpected to gamers and is a huge appeal to many.
The Process of High Volatility Gambling
On the one hand the player has control over certain aspects of the volatility of a live dealer game. Using careful money management, a player can choose when to place a bet and the size of that bet. This has an impact on the changes your bankroll will see during the lifespan of an online casino session. Of course, there is another side to volatility that you do not have any control over, the natural pace and change in results over the course of a game. It is the natural swing of results that help to determine when your bet is to be multiplied and provide you with a large win, and when you lose and see your bankroll diminish significantly.
Low Volatility Gambling – Let’s look at the simplest form of gambling that has been around for centuries, the coin toss. Here, a coin is flipped and with the call of head or tails you have only two possible results, with the payout 1:1 to the winner. With a 50/50 chance of success each time you have a low volatile game that will pay out often but only at payout odds of 1 to 1. This wager can be found in live roulette when betting on red/black and odd/even.
High Volatility Gambling – In comparison, look at the game of live roulette again, but from a perspective of placing a straight up number wager. Now you have odds of winning of 1 every 37 spins, but when you do, the payout will be 35 to 1. This is a pretty good example of placing a highly volatile wager.
Extreme Volatility Gambling – Playing any of the major lotteries, such as PowerBall, is a good example as the odds of winning are something like 1 in 292 million. There aren’t many good examples of extreme volatility wagers in the live dealer world. Perhaps placing the €1 side-bet wager for winning the progressive jackpot in Casino Hold’em is as good as we can find.
Our Favourite High Volatility Games
How to Play High Volatile Games at an Online Casino
If you are looking to play online for real money, with live dealers, it’s best to have some sort of strategy in mind, but how can you do so when it comes to playing a high volatile game?
Learn to Identify The Volatility Level – If you are looking for big wins take a look around and identify the bigger winning potentials. Live dealer game and slots with high progressive jackpots and big payouts provide you with a greater buzz. An easy way to have a shot at a fortune for very little investment is to play live dealer games with progressive jackpots. These include Age of Gods Roulette, Casino Hold’em, Caribbean Stud Poker and Texas Hold’em Bonus Poker.
Understand Your Bankroll – Being in control of your finances is crucial whenever you are gambling, but even more so in a high-stakes live dealer game at an online casino. Your strategy will depend on how much money you start with, but you can set a daily, weekly and monthly limit on the amount you are willing to spend. Another option is to have a plan to stop playing once you have built up your bankroll by 40%, or when you have lost 50% of the original total. To keep things simple, if you are playing with £100, stay sensible by making between £2 and £5 bets to give you plenty of time to play and more chances to win than if you bet two large £50 bets.
Be Aware of the Losses – Although volatility does provide you with the chance to win big this does also work in reverse. A high volatile live dealer game will pay out large jackpots occasionally, but in some cases there will be regular smaller payouts with some big losses thrown in. Be aware that this is always a possibility and strategise your approach. Is it worth risking money to try and gain smaller jackpots?
Examples of High Volatile Games with Large Winning Potential Bets
Below you can see some current examples of live dealer games and specific bets that offer the chance of a large payout.
Lightning Roulette – Live dealer Lightning Roulette provides extra chances to win big money with Added Lucky Numbers and Lucky Payouts. In each round five lucky numbers are struck by lightning, with those numbers giving winners between 50-500 times the stake.
Dream Catcher – The live dealer spinning wheel game provides exciting 45-second games. Bonus spins, such as the x2 or the x7 offer big payout potential, and in some casinos, tournaments provide a base €10,000 prize to be spread amongst the Top 50 players. In theory, payouts are unlimited with Dream Catcher, though most casinos cap payouts at €500,000.
BetConstruct VIP Live Blackjack Tables – This standard 7-seat with 6 decks game allows an individual player to play 3 positions. When the dealer gets an Ace, the player is offered insurance and a potential 2:1 payout. The Lucky 7s side bet offers an amazing 500:1 payout as a top prize, if you manage to get three suited sevens from your wager.
BetGames TV Lucky 5 Lottery – A lottery game where 5 winning balls are drawn randomly from 36. With draws taking place every 5-minutes players are asked to place bets on any available outcome. You can place a wager on 1 winning number, 2 or 3 (which pays out 500:1). Place bets on whether there will be more odd or even numbers drawn, and with the option to place a bet on all 5 balls being the same colour you have a potential 1000:1 payout!
Evolution Caribbean Stud Poker – This fun game from Evolution Gaming offers players the chance to win a big 1000:1 payout on the 5+1 Bonus side bet. This optional bet sees the 5 players cards and the 1 dealer up-card combined, with the highest payout of 1000:1 applicable for a Royal Flush. The 5+1 bonus bet remains in play no matter the decision of your Call/Fold, or who wins the hand.
As you can see, there is plenty of choices out there for live dealer games with large winning potential. Don’t be afraid of high volatile games, just be sure to understand your bankroll, never overcommit funds where you don’t have them, and look out for games that give you the chance to win big with carefully placed bets.
Best Live Casinos for High Volatility Play
It’s very important that you carefully select the casino you will place some of these highly volatile bets at. Even though the chances of winning are not the greatest, you’ll want to be assured that the casino is actually capable of paying the winnings. That’s why we recommend the live dealer sites below. These have been in operation for years, do not have some shady withdrawal limits of £5k per month, and have a great selection of live dealer games.