About Dead Man’s Gold
You’re probably familiar with the setup after playing slots from ELK Studios Gold series like Zulu Gold.
Each round starts with 4,096 ways to win and can expand to 262,144 ways as the game panel grows up to 8 rows after each win.
With your help, you have Mega Symbols, Avalanches, Multipliers, Wilds, Cannonballs, and Treasure Chests in Dead Man’s Gold.
ELK Studios manages to add something new to the series while keeping the good stuff seen in previous slots and packaging it all in impressive graphics.
However, the RTP setting is once again off-putting, which is a shame.

Dead Man’s Gold RTP
We keep hammering ELK Studios for their decision to decrease the RTPs on some of their new slots to 94%.
Since Dead Man’s Gold is released with this RTP version, it doesn’t seem like ELK plans to change this anytime soon.
What is the best Dead Man’s Gold casino?
Low RTP or not, Dead Man’s Gold is a fascinating good game, and if you want to try it out, you can choose one of the premium online casinos listed here on this page.
These casinos are licensed through some of the world’s most respected game authorities, offering players the 94% RTP version of Dead Man’s Gold.
If ELK Studios eventually decides to release other RTP versions of this game, you will find that info here.
Gameplay and features
Dead Man’s Gold is a highly volatile slot played on a 6-reel, 4-8 row game panel starting with 4,096 ways to win.
However, each win will increase the rows up to 8 in length and add the ways to win up to 262,144 when playing with the max rows.
Bets start from $/€0.20 and go up to $/€100 per spin.
There are some great features on offer in Dead Man’s Gold that we want to explain further.
Features explained:
- Global Win Multiplier = When Cannonball Symbols are in view, the cannons are triggered and can blast a cannonball toward a Treasure Target Symbol. This will reveal a Wild and remove any non-winning symbols around it. Once the target is a Multiplier Treasure, it also increases the global win multiplier.
- Treasure Chests = This symbol fills empty spaces underneath them with high-value, wilds, or cannonball symbols.
- Free Spins = 3, 4, 5, or 6 Bonus Symbol Activate 10, 15, 20, or 25 Free Spins (or Free Drops as ELK call them). During the bonus game, you get more value from the special features in play.
- Bonus Buy = In countries where allowed, you can buy enhanced spins from 5x the bet to buying the Bonus Game for 100x or a Super Bonus Game for 500x.

What is the maximum win on Dead Man’s Gold?
Lately, ELK Studios have offered some big win potential on their new releases, as seen in Rabbit Royale.
This also applies to Dead Man’s Gold, as you can win up to 25,000x in one round in this game.
Just keep in mind that the slot is highly volatile, and you can experience some long stretches of no wins, so always play responsibly.
CasinoWizard’s verdict: 3 out of 5 stars
ELK Studios is a superb slot developer, and Dead Man’s Gold is an amazing game, so why do they insist on releasing their slots with a 94% RTP setting?
The reason is that the game studio and the online casinos that offer their games on their sites make more money from this, and a majority of players have no clue about it and just play.
You can still win some huge wins on Dead Man’s Gold, but your funds will run out faster on average when comparing this game against a 96.21% slot like the best-paying version of Book of Dead.
We can go on about this until the end of time, but the summary is that ELK Studios doesn’t seem interested in increasing their RTPs for the time being. Meanwhile, their latest releases, including Dead Man’s Gold, are very entertaining masterpieces.
Amazing slot, but the overall rating loses a star due to the RTP setting.
Find more high-RTP slots
Title: | Dead Man’s Gold |
Provider: | Elk Studios |
Genre: | Video slot |
Theme: | Adventure |
RTP: | 94% |
Volatility: | High |
Paylines: | Up to 262,144 |
Minimum bet: | 0.20 |
Maximum bet: | 100 |
Max. win: | 25,000x |