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Dead Man's Gold Slot Review

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Just because one of the most famous pirate colonies ceased to exist centuries ago, this doesn’t mean that no hidden treasures are left there.

Pros & Cons
No progressive jackpot/s
Extra wilds
Common theme
Free Spins
Great max win cap of 25,000x the stake
Bonus buy feature

How to Play Dead Man’s Gold Slot

It will take just a few seconds for players to figure out how to play the Dead Man’s Gold slot game. As expected, the play button is a massive blinking white circle with a cursor on the right. When you press this icon, the 6 reels with 4 rows will be activated. As we said, the number of icons per reel can change if you hit winning combinations, and so will the number of winning ways.

Look for the coins to the left to change your current bet before any spin. You can play with €0.2 to €100 per spin. An auto icon in the upper-right corner enables players to launch 10 to 100 automated rounds. After that, the three lines on the opposite side will help you adjust the settings, check the paytable, and read the rules. Once again, it’s worth noting that you can see and use all options in the Dead Man’s Gold demo, which you can play at GoodLuckMate.

Symbols and Payouts

Besides twelve regular symbols, the Dead Man’s Gold slot has several unique icons, including a Bonus and a Wild icon. Regarding regular ones, you need three to six of the same kind on adjacent reels to get paid. Check the following two paragraphs of our Dead Man’s Gold slot review for more info.

The four stylized playing card values (Jack, Queen, King, and Ace) will help players get between 0.1 and 0.3 times their stake. We also have the Ray and Octopus promising 0.15 to 0.8 times the total bet and the Anchor and Skull offering 0.2 to 1 time the stake. They are followed by the Moon and Star icons that deliver up to 2 and 2.5 times your bet, respectively.

Thanks to the Pyramid Eye icon, players can win between 1 and 3 times their total bet. Kane (the pirate captain’s descendant) is the top-paying symbol promising payouts worth 1.5 to 5 times your stake. The icons with unique properties don’t pay cash prizes. This release has a maximum payout limit worth 25,000x the player’s bet.

Dead Man’s Gold Bonus Features

The concept of reel changing found in this slot is fun, but that’s not the only extraordinary thing you will find here. Namely, several Dead Man’s Gold bonus features can help users win substantial prizes.

Treasure Targets/Multiplier Treasure Targets

Now and then, the cannons below the matrix are activated. This happens whenever they can target a Treasure Target. The latter is an icon that reveals hidden Wilds when hit by a cannonball. They also destroy non-winning icons on adjacent positions.

On the other hand, the Multiplier Treasure Targets do the same things and boost the global win multiplier. Remember that the Wild symbol looks like a Pearl and replaces regular symbols when it can help you form winning patterns.


The Avalanche feature makes the winning icons disappear from the grid, allowing new icons to appear in these positions. In addition, it unveils an additional row of icons (up to 8).

Bottomless Chest

Another interesting icon in the Dead Man’s Gold slot is the Bottomless Chest. It represents a Blocking icon that creates and fills gaps in the layout in the same column with Cannonball icons, Wilds, and high-value regular symbols.

Bonus Game/Free Spins

Even though they are called Free Drops, these are Dead Man’s Gold free spins. Namely, spinning in three to six Bonus icons (Pirate ships) anywhere on the screen will activate 10 to 25 free spins. During this round, the Multiplier Treasure Targets and their regular version are sticky between drops. They go away only if they contribute to a winning pattern. The Bottomless Chest will stay until the round ends.

You can win extra free spins by hitting at least three Bonus icons.

X-iter/Bonus Buy Feature

Lastly, we have a Bonus Buy feature called the X-iter here. It gives players several game modes to choose from and pay for. You can test these options even during Dead Man’s Gold free play.

RTP & Volatility

Traditionally, we will finish the Dead Man’s Gold slot review with this title’s theoretical RTP and its volatility level. The Dead Man’s Gold RTP is94%. Also, this is a high-volatility game.

Final Thoughts

So, is Dead Man's Gold one of the best ELK Studios slots? Well, it takes players on a thrilling pirate adventure that combines innovation with traditional slot gameplay. While it has its strengths, some aspects may give potential players pause.

Playing Dead Man's Gold is a breeze, with a straightforward interface and a range of betting options to suit different budgets. The changing reel configuration adds an intriguing dimension to the game, keeping players engaged as they hunt for treasure.

The symbol payouts are standard, with a variety of themed icons and some unique bonus symbols. However, the Dead Man's Gold bonus features inject excitement into the game. The Treasure Targets, Avalanche, and Bottomless Chest provide dynamic gameplay, and the Free Drops (free spins) feature can be rewarding.

Yet, there are caveats to consider. The game's RTP is on the lower side at 94%, and it's a high-volatility slot, which means that substantial wins might be infrequent. Additionally, the bonus buy feature (X-iter) raises concerns about potential additional costs.

In summary, Dead Man's Gold offers an entertaining pirate-themed slot adventure with an array of bonus features. However, the lower RTP and high volatility may not appeal to all players, and the bonus buy feature's implications should be weighed carefully. If you're up for a high-seas treasure hunt with a bit of risk, Dead Man's Gold might be worth a try, but it's not without its rough waters.

Slot type
Video Slots
Slot bonus features
Free Spins
Special Wild
Slot details
History & Legends · Money, Gold & Treasure
ELK Studios
4,096 (up to 262,144 ways to win)
Release date:
Dead Man's Gold screenshot
Dead Man's Gold screenshot
Dead Man's Gold screenshot
Dead Man's Gold screenshot
Dead Man's Gold screenshot
Andrej Trajkovski
Andrej Trajkovski
Last Update: 06 Nov 2023
Andrej is an experienced writer specializing in online slots. He writes detailed slot reviews for GoodLuckMate, covering gameplay mechanics, graphics, bonus features, and payout potential. Andrej's expert analysis is highly regarded by both casual and serious slot enthusiasts. With his engaging writing style and deep knowledge of the industry, he is an essential contributor to the GoodLuckMate site.
Aleksandra Mitrovska This article has been Quality Assured by Aleksandra Mitrovska

Can I play Dead Man's Gold for free?

A: Yes, many online casinos offer the Dead Man's Gold slot in demo mode, allowing players to try it out for free before wagering real money.

Can I win real money playing the Dead Man's Gold slot?

A: Yes, it is possible to win real money from the Dead Man's Gold slot. As long as you're playing for real money that is, of course. It's important to note that the amount of money that can be won from the Dead Man's Gold slot, or any other slot game, is based on chance and there is no guarantee of winning.

Can I play Dead Man's Gold with bonus money?

A: Yes, in most cases. Whether or not you can play Dead Man's Gold with bonus money depends on the specific terms and conditions of the online casino offering the bonus. Some online casinos may restrict certain games, including Dead Man's Gold, from being played with bonus money, while others may allow it.

Is the Dead Man's Gold slot available on mobile devices?

A: Yes, the Dead Man's Gold slot is available on both desktop and mobile devices.

What is the RTP of the Dead Man's Gold slot?

A: The RTP of the Dead Man's Gold slot is 94%.

What is the volatility of the Dead Man's Gold slot?

A: The Dead Man's Gold slot has high volatility, which means that payouts are less frequent but can be larger.

What is the minimum and maximum bet for the Dead Man's Gold slot?

A: The minimum bet for the Dead Man's Gold slot is $/€/£0.20, while the maximum bet is $/€/£100.

What is the maximum payout for the Dead Man's Gold slot?

A: The maximum payout for the Dead Man's Gold slot is 2 500 000 coins.

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