Understanding the meaning of volatility in a casino is crucial for strategic decision-making. Volatility refers to the risk and reward factor associated with casino games. In this context, volatility indicates how much and how often you can expect to win or lose while playing. A high volatility casino game offers the potential for big wins but also comes with a higher risk of losing. On the other hand, low volatility games provide more frequent wins but with smaller payouts. Knowing the volatility of a casino game can help players choose games that align with their risk tolerance and preferences.