Casinos use volatility labels as marketing, not math. After years in QA, I know...

https://varimail.com/articles/what-are-max-exposure-limits-in-slot-design-a-qa-testers-perspective/

Casinos use volatility labels as marketing, not math. After years in QA, I know the real story lies in the hidden game pacing and complex bonus mechanics. I use micro-bet testing to expose how these titles actually pay over thousands of spins