Volatility in slots refers to the risk level associated with playing a particular game. It determines how often and how much you can expect to win. Low volatility slots offer frequent but smaller wins, while high volatility slots have less frequent but larger payouts. Understanding volatility can help players choose games that match their risk preferences. It is essential to consider volatility along with other factors like RTP and game features when selecting a slot to play. By knowing the volatility of a slot, players can better manage their bankroll and gameplay strategy.