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MEDIUM VARIANCE SLOTS – SLOTS WITH MEDIUM VOLATILITY

Last Updated: June 17, 2025

Written by Stephen Cummings

A pleasant mix between the high thrills and rewards of high variance slots plus the frequent wins of low variance slots, medium variance slots take the best of both worlds.

On this page, you will discover what the SlotsHawk team believe to be the best medium variance slots. The top 10 list (which you can find below) provides you with the important details about each online slot machine so that you can decide for yourself whether you would like to play it or not.

What is slot variance? Variance is also known as volatility and is the mechanic which controls how often a win is triggered in any given slot machine. Usually, the higher the variance/volatility, the harder it is to trigger a win. However, when a win is triggered, the payout is usually greater in comparison to lower variance/volatility slots where it is easy to trigger a win at the expense of a lower payout for each winning spin.

SLOTSHAWK’S TOP 10 MEDIUM VARIANCE SLOTS

SLOT GAMERTPMAX PAYOUTWHERE TO PLAY
Flight Mode96.07%5,051xAll British Casino
Thoro94.00%10,000xAll British Casino
Hot Slot 777 Hold The Jackpot96.141,500xCasumo Casino
Dragon Hopper94.28%10,000xNYspins Casino
Candy Elves96.17%7,486xCasumo Casino
Test Your Strength Lucky Tap98.05%71,785xBetFred Casino
Dragon Dance98.00%495xGrand Ivy Casino
Depths of Fortune96.00%20,000xCasumo Casino
GoodFishes96.00%2,138xDream Vegas Casino
Fa Fa Babies 295.73%1,223xPlayOJO Casino

BEST MEDIUM VOLATILITY SLOTS IN 2025

There are plenty of different online slots with medium volatility out there. Fortunately, the SlotsHawk team are experts at seperating the wheat from the chaff so we have been able to come up with a definitive top 10 guide to the best medium volatility slot games.

1. FLIGHT MODE BY NOLIMIT CITY

Best medium volatility slots - Flight Mode

As well as being the most recently released slot game on this page, Flight Mode by NoLimit City is also our favourite. NoLimit City slots always have brilliant bonus games/free spins and Flight Mode is no different and that is where the medium volatility comes into play – it makes triggering the bonus game much more likely!

We recommend taking advantage of the NoLimit Booster which will guarantee you a scatter symbol every spin at the cost of 3.3 times your bet. We triggered plenty of free sins during our playthrough.

Slot Features:

  • Free spins
  • Bonus game
  • Wild symbols
  • Scatter symbols
  • Multipliers
  • Multiplier increaser
  • Bombs
  • xHole
  • NoLimit boosters

Play at: All British Casino

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2. THORO BY ELK STUDIOS

Best Medium variance slots - Thoro

Thoro is a phenomenal slot game due to its Walking Wild symbols (which appear often) and Lightning symbols (if you land four on the reels it triggers the Lightning paytable). A hugely positive aspect here is that most spins will trigger some sort of win which gives Thoro great playability value and ensures it does not get particularly frustrating. The official hit frequency as provided to us by ELK Studios is 23.1% which means a win is triggered 1 in every 4.7 spins on average.

As you will probably have guessed, the theme is Norse god themed and is based on the Norse God Thor himself. It is still possible to bet up to £10 per spin in Thoro too if you play at Casumo Casino. However, we only recommend betting high if you are already in profit. The max payout in Thoro is 10,000x, which is well-above average. The downside is that the RTP is only 94%, which is below the average level. Please look at our researchers guide to high RTP slots for more info on RTP.

Slot Features:

  • Bonus Game
  • Free spins
  • Respins
  • Sticky/Walking Wild
  • Multipliers
  • Lightning paytable

Play at: All British Casino

Get a:
100% Deposit Bonus up to £100 + 10% Cashback
18+. Min deposit £20. New players only.T&C's Apply and GambleAware #ad
T&Cs Apply
New customers only

New customers only, min deposit £20, wagering 35x, max bet £5 with bonus funds. Max bonus is 100% up to £100. No max cash out on deposit offers. Welcome bonus excluded for players depositing with Skrill or Neteller. Cashback is cash with no restriction

3. HOT SLOT 777 HOLD THE JACKPOT BY WAZDAN

Hot Slot: 777 Hold the Jackpot - medium variance slots

Hot Slot 777: Hold the Jackpot is our favourite Wazdan slot (and there are plenty of them). Why? First of all, the Hold the Jackpot bonus round is one of the easiest to trigger bonus games there is. In just 30 minutes of gameplay, the SlotsHawk team triggered eight of them in total whilst playing on the medium variance level. Yes, you can choose which variance level you would like to play in this slot. Secondly, this slot gives you a lot of control. YOu can choose the variance level, and you can also use the Chance Meter to improve your chances of triggering the bonus game.

The Sticky Scatter symbols are brilliant here, as is the RTP level of 96.14% which is above average. Respins are also available during the bonus game and there are Mystery symbols too which are revealed at the end of the bonus round and will reveal either Instant Wins, Jackpots or Cash Collectors.

Slot Features:

  • Free spins
  • Bonus game
  • Respins
  • Choose your own variance
  • Chance level meter
  • Mystery symbols
  • Cash collector symbols
  • Scatter symbols
  • Multipliers
  • Sticky scatter symbols

Play at: Casumo Casino

5.0 rating
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4. DRAGON HOPPER BY PUSH GAMING

Top medium variance slots list - Dragon Hopper

Our first and therefore best Cluster Pays slot with medium volatility, Dragon Hopper utlises its Dragon Wild symbols to perfection as they are able to hop around the wheels when you also trigger a fire symbol. The more the Dragon hops, the greater the multipliers too which makes the base game in Dragon Hopper one of the best and potentially most profitable around. The SlotsHawk team managed to hit two big base game wins of 170x and 50x during our playthrough.

In the bonus game, things are improved further as you get access to respins too. Using the Push Bet feature will guarantee you at least one scatter symbol per spin too, so we recommend taking advantage of it. Overall, Dragon Hopper is one of our favourite slots released in 2025. It is a highly impressive slot with remarkable playability, mostly due to its excellent base game.

Slot Features:

  • Bonus game
  • Free spins
  • Respins
  • Push bet
  • Cascades
  • Dragon wild symbols
  • Instant prizes
  • Multiplier

Play at: NYspins Casino

5.0 rating
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100% up to £50 + 50 Bonus Spins on Book of Dead + 10% Cashback on Fridays
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5. CANDY ELVES BY CRAZY TOOTH STUDIO

Medium volatility slots - Candy Elves

Candy Elves is the best slot so far from Crazy Tooth Studio and let us tell you why. The Big Build up feature here is excellent and ensures that the slot remains exciting no matter how long you play it for. If you look at the side reel in the image above, you can see that there are multipliers and these can be added to the grid. To trigger any of the features on the side reels, you need to land a chefs hat symbol and hope that the chef throws his tools at any of the side reel symbols. It is also possible to trigger all of the side reel features at one time.

The RTP is above average at 96.17% and the max potential payout in this slot is 7,486 times your bet. The bonus game is quite nice too, but we actually prefer the base game because of the Big Build Up feature.

Slot Features:

  • Bonus game
  • Free spins
  • Respins
  • Multipliers
  • BigBuild Up
  • Jackpot bonus
  • Scatter symbols
  • Wild symbols

Play at: Casumo Casino

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6. TEST YOUR STRENGTH LUCKY TAP BY DESIGN WORKS GAMING

Test Your Strength Lucky Tap  - medium variance slot machine

This is very similar to NoLimit City’s recent crash games. There are no symbols, reels or rows in Test Your Strength Lucky Tap, but there is a giant hammer! The main reason for including this slot in this list (yes, it does have medium variance) is due to its extremely good RTP level and maximum potential payout of 98.05% and 71,785x respectively. However, with this slot, the big multipliers will only appear if you are also betting a large amount, so you should be aware of this.

Other than that, there is not much else to say about this one. We do know that it is quite a rare game, you will only find it at a select few British online casinos, two of which being BetFred and Dream Vegas Casino.

Slot Features:

  • Instant wins
  • Multipliers
  • Bonus games
  • Big Buildup
  • Quick draw
  • Shooting Gallery
  • Jackpots
  • Instant Prizes
  • Multipliers
  • Respins

Play at: BetFred Casino

4.5 rating
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7. DRAGON DANCE BY MICROGAMING

Dragon Dance - medium variance slot

Dragon Dance is another high RTP medium volatility slot for you, although Dragon Dance is a little less modern compared to some of the other online slot machines on this page. Nevertheless, it is a lot of fun with a lovely RTP of 98.00%, making it one of the highest RTP slots around. The key to hitting the bigger payouts here is by getting into the bonus game which you can do by landing three or more scatter symbols on the Dragon Dance reels. Respins are available during free spins too.

Dragon Dance is the oldest slot on this page having been released all the way back in 2016, but it still packs a punch and is favoured by slots lovers who like to get the best value for their money.

Slot Features:

  • Free spins/bonus game
  • Wild symbols
  • Scatter symbols
  • Respins (bonus game only)
  • High max bet (£125)

Play at: Grand Ivy Casino

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8. DEPTHS OF FORTUNE BY AVATARUX

Depths of Fortune medium volatility slot

It’s all about getting into the bonus game in Depths of Fortune by online slots developers AvatarUX, which is done by hitting five or more coin symbols on the reels, which is no easy feat to be honest with you. If you enjoy the aesthetics of a slot, then we are sure you will like this one with its sea-water greens and gloomy but appealing symbols.

Features in Depths of Fortune include the Loaded reel which works alongside Cascading reels. During the bonus game, you will get much better rewards from the Loaded Reel including Coin and Colossal Coin, Coin Upgrade as well as 3+ extra lives.

Slot Features:

  • Bonus game
  • Free spins
  • Hold and Win
  • Random wilds
  • Scatter symbols
  • Multipliers
  • Loaded reel

Play at: Casumo Casino

5.0 rating
Get a :
100% Deposit Bonus up to £100 + 50 Free Spins on Big Bass Bonanza
18+. Min deposit £20. New players only.T&C's Apply and GambleAware #ad
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9. GOODFISHES BY REVOLVER GAMING

GoodFishes - medium variance slot

Here at SlotsHawk.com, we like to discuss slots from some lesser known developers. After all, it’s not only the big name developers that produce good online slot machines. GoodFishes by Revolver Gaming is one such slot that you have probably never heard of but is definitely one you should try out.

Wild symbols are important in this slot, especially in the bonus games where they will become Stacked Wilds. There are six bonus games in total which you will unlock by getting to Frankie’s Fishmonger bonus which is done by landing three or more scatter symbols on the slots reels. Fish themed slots remain popular in the UK so enjoy yourself with this one.

Slot Features:

  • Free spins
  • Bonus games
  • Multipliers
  • Wilds
  • Stacked wilds
  • Respins

Play at: Dream Vegas Casino

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100% Deposit Bonus up to £300 + 150 Bonus Spins
18+. Min deposit £20. New players only.T&C's Apply and GambleAware
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10. FA FA BABIES 2 BY RED TIGER

Fa Fa Babies 2 - medium variance slot

Red Tiger remain one of the most well-known slots developers out there even after being bought out by Evolution Gaming. Fa fa Babies 2 is a bit of a throwback given it is played on a 5×3 grid but there are four jackpots available. Given the medium variance, triggering the bonus game occurred quite quickly when we tested this slot. However, we only won 8x our money during all of the free spins. Don’t let that put you off though, this is a nice slot with a good hit rate and a pleasant soundtrack.

Slot Features:

  • Free spins
  • Fortune bonus
  • Progressive jackpots (4)
  • Instant wins
  • Lucky coins
  • Wild symbols
  • Scatter symbols
  • Multipliers

Play at: PlayOJO Casino

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NEWEST MEDIUM VARIANCE SLOTS

If you are on the lookout for the most newly released medium variance slots then don’t worry, the SlotsHawk team has you covered. Below, you will find all of the new medium variance slots which have been reviewed by us.

DIFFERENT TYPES OF SLOT VOLATILITY

As well as medium variance slots, you are probably already aware that there are two other variance levels; low variance and high variance. Let’s take a look at the other two variance levels.

LOW VARIANCE SLOTS

Low variance slots are slots with high hit rates but low payout rates. These are for players who enjoy triggering lots of wins at the expense of smaller payouts as well as players with smaller bankrolls.

HIGH VARIANCE SLOTS

At the opposite end of the spectrum are high variance slots. These are for players who are not too worried about hitting lots of wins because when wins are triggered, they are likely to be on the bigger side. Currently, the best developers of high variance slots are NoLimit City.

IS THERE A DIFFERENT BETWEEN A SLOTS VARIANCE AND VOLATILITY?

Variance and volatility are different words for the exact same thing. An online slot machines variance and volatility level is the same.

ADVANTAGES AND DISADVANTAGES OF SLOTS WITH MEDIUM VARIANCE

To help you out, we have listed both the pros and cons of medium variance slots for you below.

Advantages of medium variance slot games:

  • A nice mixture of good sized payout and regular wins.
  • Can feel more rewarding compared to slots with higher variance.
  • Safer for your bankroll.

Disadvantages of medium variance slot games:

  • They can be hard to locate given that high variance slots are more popular currently.
  • You will sometimes go through periods of low payouts and low wins.

WHERE TO PLAY MEDIUM VOLATILITY SLOT GAMES

We can guarantee that all British slot sites will have at least a dozen or so medium volatility slots. We have picked out the best ones which, alongside stocking some high-quality medium variance slot machines, also offer great welcome bonuses for new players and excellent schemes for loyal players.

  • All British Casino – Catering specifically to British players, All British Casino is a first-class online casino which stocks over 100 medium volatility slot games. in addition, all players will receive 10% cashback on all losses at the end of each month.
  • Casumo Casino – One of the most well-known online casinos in the UK right now, Casumo Casino actually caters to players from all around the world, but it does have a large focus on their UK players. There are plenty of medium variance slots you can play here.
  • NYSpins Casino – A recent addition to SlotsHawk, NYSpins is a US themed casino but with a fantastic loyalty programe, it has quickly become one of the most popular sites here.
4.5 rating
Get 100% up to £100 at All British Casino + 10% Cashback
T&Cs Apply
New customers only

New customers only, min deposit £20, wagering 35x, max bet £5 with bonus funds. Max bonus is 100% up to £100. No max cash out on deposit offers. Welcome bonus excluded for players depositing with Skrill or Neteller. Cashback is cash with no restriction
5.0 rating
Get a 100% Deposit Bonus up to £100 + 50 Free Spins on Big Bass Bonanza
T&Cs Apply
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18+. New players only. One offer per player. Min Dep £20. Max bonus bet £5. 1st Dep offer is 100% up to £100 + 50 free spins on Big Bass Bonanza. Spins expire 24 hours after being credited, funds after 30 days. Bonus funds separate to Cash. Wager Req of 30x Deposit + Bonus apply. Terms Apply. GambleAware.org.
5.0 rating
100% Matched Deposit Bonus up to £50 + 50 Bonus Spins on Book of Dead + 10% Cashback on Fridays
T&Cs Apply
New customers only

18+. New Players Only. Wager from real balance first. 30X wager the bonus. Contribution varies per game. Selected games only. Wager calculated on bonus bets only. Free spins valid 3 days. Bonus capped at £500. Excluded Skrill and Neteller deposits. Full Terms apply. GambleAware.org.

FINAL WORDS

We trust that you found this guide both useful and enlightening. Our duty here at SlotsHawk is to educated and inform our readers about all of the important characteristics of online slot games. We regularly update this page, especially when new medium variance slots are released so feel free to bookmark us.

Happy gambling and please always remember to gamble responsibly.

MEDIUM VARIANCE SLOTS FAQS

1. What are the best medium volatility slots?

The best 3 medium volatility slots are Flight Mode, Thoro and Hot Slot 777: Hold the Jackpot. In our opinion, these are the most exciting to play.


2. Which medium variance slot has the highest RTP?

Test Your Strength Lucky Tap is the medium variance slot with the highest RTP which is 98.05%. Dragon Dance is another medium variance slot machine which has a high RTP of 98.00%.


3. What does medium variance/volatility mean in online slots?

The variance/volatility in online slots games means how often you are likely to hit winning combinations and how big the wins will be. Slots with medium variance will provide a happy medium of both good sized wins and will also have a decently high hit rate.


4. How to play medium variance slots?

In order to play a medium variance slot, you must sign up to an online casino which offers you the chance to play slot games. After that, you need to make a deposit. After this, you will be able to play a medium variance slot.


5. Is it important to know the variance of an online slot?

Yes, before playing any slot game, you should identify its variance/volatility level. This is so that you can be fully aware of its likely hit rate and payout rate.

CONTRIBUTORS

Stephen Cummings

Greetings, I’m Stephen Cummings

Stephen Cummings is often referred to as ‘The Oracle’. What he doesn’t know about slot games isn’t worth knowing. He’s our genius slot machine analyst who spends most of his time reviewing new games & sites.

Slots analyst since 2020