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Mustang Gold Megaways Slot Review

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It’s been five years since Pragmatic Play launched the Mustang Gold.

Pros & Cons
Four jackpots
Expensive Bonus Buy
Excellent RTP of 96.46%
Regular and Sticky Prize
Superb betting range
Free Spins Gamble & Ante Bet

The Mustang Gold Megaways Slot Game

Mustang Gold Megaways follows its predecessor's thematic and aesthetic design, although both leave ample room for interpretation. The main characters are a Cowboy and a Cowgirl, who are the second top-paying major symbols and selectable options in the Free Spins gamble screen. 

The Black and White Mustangs are the stars of the show. They’ll yield the highest rates for winning combinations but will also frequently leave Golden Horseshoes in their wake, allowing you to bag these items for instant prizes. 

Symbols & Payouts

Besides the Mustangs and characters, we also have four card-like symbols in Mustang Gold Megaways, leading to a total of eight paying symbols. I’d like to emphasize that the payout rates are deliberately set below average because plenty of bonus features will frequently lend their aid to help you score big wins from cascades and numerous retriggers on your free spins. 

Let’s take a look at what you can earn for line wins:

  • Js: 0.05x for three-of-a-kind, 0.15x for four, 0.25x for five, 0.40x for six;
  • Qs: 0.10x for three-of-a-kind, 0.20x for four, 0.30x for five, 0.50x for six;
  • Ks: 0.20x for three-of-a-kind, 0.30x for four, 0.40x for five, 0.60x for six;
  • As: 0.30x for three-of-a-kind, 0.40x for four, 0.50x for five, 0.75x for six;
  • Cowgirl: 0.50x for three-of-a-kind, 0.70x for four, 0.90x for five, 1.20x for six;
  • Cowboy: 0.60x for three-of-a-kind, 0.80x for four, 1x for five, 1.50x for six;
  • Black Mustang: 0.70x for three-of-a-kind, 0.90x for four, 1.10x for five, 2x for six;
  • White Mustang: 1x for three-of-a-kind, 2x for four, 3x for five, 5x for six.

Similar to most Pragmatic Play jackpots, the top win in Mustang Gold Megaways is 5,000x. Its betting range starts as low as €0.20 and goes all the way up to €240, which means that you’re looking at a potential to grab up to €1,2 million on your luckiest spin.

Mustang Gold Megaways slot paytable

Mustang Gold Megaways Bonus Features

The difference between the original and the sequel lies in that Mustang Gold Megaways comes supplied with a plethora of superb bonus features. From Bonus Bet and Bonus Buy to four jackpots and instant prizes to free spins with special Gold Collectors, let me explain why this is possibly one of the most generous Megaways tumblers Pragmatic released to date. 

Instant Prizes, Collectors, and Cascades

Pragmatic uses the term “money” symbol to describe instant prizes, and in Mustang Gold, these are the Golden Horseshoes. These symbols may appear in any cell during the base game and free spins as individual or stacked symbols (which doesn’t affect the actual value), and their values range from 2x to 15x. 

This might sound low, given that instant prizes in most games often award up to 100-1,000x, but that’s where Collectors and cascading reels come into play. Namely, Collectors will quite literally “collect” Golden Horseshoes when they appear, removing them from the playing field and triggering a tumbling sequence. 

More importantly, you can have multiple Collectors active simultaneously, and each will collect all visible prize values before triggering the cascade. 

Free Spin Gamble and Bonus Bet

Before we get to Free Spins, let me brief you on two key features that can affect your experience. The “Bonus Bet” feature will allow you to pay your regular wagers 1.50x more, but your chances of drawing bonus features will increase twofold. This is a classic feature present in many popular Pragmatic games, such as Gates of Olympus

Mustang Gold Megaways bonus buy

The Free Spins Gamble is an amazing addition that allows you to gamble for a headstart in the bonus round. Before Free Spins are definitively calculated, you can tap on the Cowgirl to gamble for +3 free spins (66% initial chance to win), or click on the Cowboy to gamble for +5 (58.33% initial chance to win). 

Mustang Gold Megaways free spins gamble

Free Spins and Golden Collectors

Collectors also play a key role in triggering Free Spins, as they must be present with at least one Bonfire Scatter to launch the bonus game. Bonfires hide a random number of free spins in their flames, including values from 1 through 5. I must emphasize that “each” collector will draw free spins from scatters to calculate how many spins you’ll receive. 

Mustang Gold Megaways scatters

When your Free Spins round starts, a new symbol will be added to the pool - Golden Collector. It has the same functions as the standard Collector with one significant difference - it’s a sticky symbol. Golden Collectors will persist through the tumbling sequence like regular ones, but if they’re located anywhere except the bottom row, you’ll get a free respin, and the Collector will move one cell down. 

Mustang Gold Megaways free spins bonus

Jackpots

Mustang Gold Megaways comes rocking with four static jackpots, similar to the original. The Mini Jackpot is worth 20x of your bet; the Minor is worth 50x; the Major is worth 100x, while the Grand Jackpot is worth 2,500x of your current bet. 

Each Jackpot is represented by a unique token (e.g. Mini is Blue, Minor is Green, Major is Red, and Grand is Purple), which can only be triggered by having at least one Collector on the field. If you have multiple collectors, you’ll bag the same jackpot multiple times.

Just bear in mind that the top win of 5,000x imposes some restrictions on how much you can win this way, especially in the Bonus Round. 

How to Win at Mustang Gold Megaways

Mustang Gold Megaways packs six reels and up to 117,649 ways to win. Beyond the six “normal” reels, we also have a special 4-cell vertical reel on top of the playing grid, so it would be more accurate to describe this slot as a 6.5-reel game. 

It’s a Megaways “tumbler”, meaning every win will grant you a partial respin until no new winning combinations can be achieved. 

Mustang Gold Megaways slot win

Mustang Gold Megaways RTP & Volatility

According to data from Mustang Gold Megaways’ Game Rules, this slot has a theoretical RTP of 96.46% and a 5/5 volatility rating. This means you may occasionally experience dry spins, but you’ll also see a fair share of sky-high wins when Collectors start bursting Golden Horseshoes and Jackpots. 

Final Verdict

In classic Pragmatic Play fashion, Mustang Gold Megaways made a set of quality improvements to an already great game, making it more enjoyable and profitable to play. 

Mustang Gold Megaways plays and feels like a classic Megaways jackpot slot. Yet, the addition of improved collector features and the innovative gamble FS function makes the game unique and exciting. 

I’m completely bought by this slot. I can’t wait to play it for real money, and I warmly recommend you demo it on our website if you like what you’ve heard about it.

Slot bonus features
Instant Prizes
Collect Feature
Ante Bet
Bonus Buy
Free Spins
Free Spins Gamble
Jackpot
Slot details
Theme:
Animals
Provider: 
Pragmatic Play
RTP: 
96.46%
Volatility: 
High
Paylines: 
117,649 ways to win
Release date:
2024-09-02
Marko Jovanović
Marko Jovanović
Last Update: 09 Aug 2024
Marko is an experienced content writer who transitioned from music journalism to iGaming in 2015. Specializing in slots and blackjack, he's known for authoritative reviews and guides. Marko joined GoodLuckMate in 2023, bringing hands-on expertise to the gambling world.
Nerijus Grenda This article has been Quality Assured by Nerijus Grenda
Q: 

What is the maximum win in Mustang Gold Megaways?

A: The maximum win in Mustang Gold Megaways is 5,000x your bet. This can be achieved through various bonus features, including jackpots and instant prizes.
Q: 

hat is the RTP and volatility of this game?

A: Mustang Gold Megaways has a theoretical RTP (Return to Player) of 96.46% and is rated as a high volatility slot.
Q: 

Can I buy my way into the bonus rounds?

A: Yes, Mustang Gold Megaways offers a Bonus Buy option, allowing you to purchase direct access to the Free Spins feature. Keep in mind that this feature is typically more expensive.
Q: 

What is the bet range in Mustang Gold Megaways?

A: The betting range in Mustang Gold Megaways spans from €0.20 to €240 per spin, accommodating both low and high-stakes players.
Q: 

Is there a demo version of Mustang Gold Megaways?

A: Yes, you can try out the Mustang Gold Megaways slot for free in demo mode on various online casino platforms.
Q: 

How can I trigger the jackpots in the Mustang Gold Megaways slot?

A: The four jackpots (Mini, Minor, Major, Grand) are triggered by landing specific tokens during the gameplay. These tokens must be collected by the Collector symbols on the reels. Multiple Collectors can trigger the same jackpot multiple times within a single spin.

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