WHAT IS VOLATILITY
Volatility in the context of gambling refers to the degree of risk involved in a particular game or bet.
It is a measure of how much and how often a game pays out to players.
High volatility games tend to have larger payouts, but they occur less frequently, while low volatility games tend to have smaller payouts but occur more frequently.
Volatility is usually measured on a scale of one to ten, one being low and ten being high. However, more commonly it is often represented as: Low, Medium-Low, Medium, Medium-High, High, Very High.