Mustang Gold Review

Mustang Gold Slot Review

Once I started spinning the reels of this high-volatility, high-RTP game, wild horses couldn’t drag me away—time to saddle up as Mustang Gold offers a wild ride. 

With plenty of features and an above-average RTP set at  96.53%, Mustang Gold has a lot to offer. 

In this review, I’ll share my thoughts on this slot’s theme, game mechanics, and many bonus features so you can decide if this is a slot for you. Here’s what I’ll cover:

  • Game Mechanics – I’ll break down the RTP, volatility, and max win potential, giving you the inside scoop on what to expect.
  • Special Features – I’ll walk you through the bonus rounds, including the Free Spins, Money Collect and Jackpot Reveal. All can help you boost your winnings.
  • Theme and Design – I’ll explore the Western-inspired graphics and how they affect the gaming experience.

Courtney’s Overall Impression

As I mosied on up to spin the reels of Mustang Gold, I was taken by the game’s vibrant Western theme. The 96.53% RTP is a standout feature, placing it above most other slots. I found the medium-high volatility to add extra excitement to the game. Wins don’t come too often, but they tend to be on the substantial side when they do.  

The Money Collect feature, which I’ll discuss in more detail later, adds another bonus game on top of free spins, giving the game more depth. It’s not just about lining up symbols; you’re always looking for those valuable coin symbols.

All in all, I think Mustang Gold is a decent slot with enough extra features to keep things interesting. It’s a game that rewards patience, so keep that in mind as you play.

Pros And Cons

Pros

  • High RTP – At 96.53%, Mustang Gold offers better long-term returns than many other slots.
  • Money Collect Feature – Adds another bonus game to the slot and gives you the potential for big wins during regular play.
  • Popular Theme – The well-executed Western theme compliments this slot and makes it genuinely fun to play. 
  • Jackpot Game – The chance to hit one of the four jackpots is an attractive addition to any game.  
  • Medium-high Volatility – Balances risk and reward for a satisfying play session. However, the wait between wins may be longer than in games with less volatility.
Cons

  • No Progressive Jackpot – This may disappoint players looking for the biggest wins. 
  • Base Game Can Be Slow – Relies heavily on bonus features to payout the biggest prizes.

Mustang Gold Bonus Codes

If we have bonus codes specifically for Mustang Gold, you’ll find them listed here. Otherwise, I’ll list bonuses you can use on similar Western-themed or Pragmatic Play slots.

Mustang Gold Free Spins No Deposit

Exclusive
10 Free Spins on Cash Bandits 2
Exclusive
10 Free Spins on Cash Bandits 2
Exclusive
10 Free Spins on Cash Bandits 2
Exclusive
10 Free Spins on Cash Bandits 2
Exclusive
10 Free Spins on Cash Bandits 2
Exclusive
10 Free Spins on Cash Bandits 2
Exclusive
10 Free Spins on Cash Bandits 2

Mustang Gold Free Chips and No Deposit Bonuses

Exclusive
$250 No Deposit Bonus
Exclusive
$250 No Deposit Bonus
Exclusive
$50 No Deposit Bonus
Exclusive
$25 No Deposit Bonus
Exclusive
$50 No Deposit Bonus
Exclusive
$150 No Deposit Bonus
Exclusive
$100 No Deposit Bonus
Exclusive
$15 No Deposit Bonus

Mustang Gold Free Spins with Deposit

Exclusive
Unlimited Match Bonus + 100FS on Cash Bandits 2
$8888 Match Bonus ^ 6 dep + 350FS on Cash Bandits 2
Exclusive
Unlimited Match Bonus + 40FS on Cash Bandits 2
$3000 Match Bonus ^ 3 dep + 75FS on Cash Bandits 2
Exclusive
$3000 Match Bonus + 100FS on Cash Bandits 2
$4000 Match Bonus ^ 2 dep + 100FS on Cash Bandits 2

Play Mustang Gold For Free

How to Play Mustang Gold

  1. Review the Paytable: Start by looking at the table below. Once you know which symbols pay the most, you’ll know which ones to look for on the reels. 
  2. Set the Coin Value: Adjust your bet between €0.25 and €125 per spin.
  3. Set the Paylines: All 25 paylines are fixed, so no adjustment is needed.
  4. Spin the Reels: Click the spin button or choose autoplay to have the slot spin the reels automatically. 
  5. Manage Budget: Set and stick to a budget to ensure you always play responsibly.  
  6. Aim for Bonus Features: Watch for scatter symbols to trigger free spins and coin symbols for the Money Collect feature.

Winning Combinations

Symbol CombinationPayout (Multiplier)
Cowgirl0.8x
Cowboy1x
Black Horse1.2x
White Horse2x
Campfire Scatter20x
A0.5x
K0.5x
Q0.5x
J0.5x

Courtney’s Verdict on Base Game

I spun the reels of Mustang Gold more than a couple of times, playing the game for a few hours to get a proper feel for it. 

The real draw here is the Money Collect feature, which can massively boost your winnings during regular play. But don’t expect the biggest payouts from the base game alone. 

The base game offers low payout potential, with a five-of-a-kind Campfire Scatter rewarding you 20x your stake, which isn’t that impressive at all.

The real potential lies in the bonus features, which we’ll explore later. Overall, the base game isn’t impressive.

Mustang Gold General Details

CriteriaAvailability
Software ProviderPragmatic Play
Date ReleasedJanuary 2019
Slot TypeVideo slots
Mobile CompatibleYes
Available in Demo-ModeYes
Progressive JackpotNo
AutoplayYes
RTP96.53%  
Reels5
Rows3
Paylines25
Hit FrequencyNot specified
Minimum Bet0.25
Maximum Bet125.00
Max Win Potential12 000x
Max Jackpot1000x
In-Game Free SpinsYes
Wild SymbolsYes
Random MultipliersNo
Scatter SymbolsYes
Sticky SymbolsNo
Number of Bonus Rounds3

Mustang Gold Game Mechanics

Return to Player (RTP)

CriteriaRTP Data
RTP%96.53%
RTP RankingAverage

Courtney’s Verdict on RTP

Mustang Gold’s RTP of 96.53% is quite competitive, placing it above the industry average, typically hovering around 96%. 

This RTP means that for every €100 wagered, you can expect to get back €96.53 over the long term.

Keep in mind that this is a theoretical figure calculated over millions of spins. It’s not to say that you can expect this exact amount each time you play, even more so with a medium to high volatility game such as Mustang Gold, where wins tend to hit less frequently. 

Volatility

CriteriaVolatility Data
Reels5
Rows3
Paylines25
Hit FrequencyNot available
Volatility RankingMedium-High

Courtney’s Verdict on Volatility

Mustang Gold’s medium-high volatility won’t appeal to you if you’re looking for an action-packed slot with a high hit frequency. At the same time, wins aren’t that few and far between. I actually found the payouts quite balanced. I didn’t win very often, but often enough for things to stay interesting.

Wins in high-volatility games are large but tend to occur infrequently. So, this game will likely suit you if you are willing to take risks for larger rewards and have a healthy bankroll to get you through the dry spells. 

I wouldn’t recommend Mustang Gold to new players, as it’s a risky game where you’re likely to see big balance swings. 

The game rewards patience, with the bigger wins typically coming from bonus features rather than base game spins.

Max Jackpot

CriteriaJackpot Data
Minimum Bet0.25
Maximum Bet125.00
Max Win Potential12 000x
Max Jackpot1000x

Courtney’s Verdict on Max Jackpot

I’m very pleased with Mustang Gold’s maximum win potential. Yes, there are quite a few slots out there that pay even more, but they’re usually very volatile. 

Mustang Gold’s volatility falls between high and low, giving you a better chance of actually seeing these impressive rewards.  So, a 12,000x max win potential is impressive for a medium-volatile slot. You can hit this coveted max win during the Money Collect Feature or during Free Spins. If you play at the maximum stake, you could get lucky to hit up to $1,5 million during the bonus rounds! 

The max jackpot potential of 1,000x your stake is the maximum that can be awarded on one of the game’s four jackpots: the Grand, the Major, the Minor and the Mini. It might seem curious that the max jackpot is lower than the max win potential, but this is simply down to a few quirks of the game.

Game Features

CriteriaAvailability
In-Game Free SpinsYes
Wild SymbolsYes
Random MultipliersNo
Scatter SymbolsYes
Sticky SymbolsNo
Bonus Rounds3

Courtney’s Verdict on Features

I would’ve liked to see some sticky wilds or random multipliers, but the unique Money Collect feature and four in-game jackpots make up for it.

One of the best things about Mustang Gold is, without a doubt, the inclusion of three bonus rounds. This is also where you’ll find the biggest potential wins. 

The most important symbols for triggering these rounds are the Wilds, Scatters, Horseshoe and Coin symbols. 

Although the special features offered aren’t new or unique, they are still a great addition to the game, creating a game I really enjoyed playing.

Bonus Rounds

Free Spins Feature

You’ll trigger the Free Spin feature in Mustang Gold by landing three or more Scatter symbols, represented by golden horseshoes. This awards you with 8 to 15 free spins, depending on the number of scatters landed.

While spinning through your free games, more wild symbols will appear, increasing your chances of hitting winning combinations.

Money Collect Feature

The Money Collect feature has appeared in slots for several years, so it’s a familiar feature. But it’s the feature in Mustang Gold that is most likely to grant you the biggest rewards. 

It activates when Coin symbols appear in the base game. Each coin displays a cash value, which you can keep if a Collect symbol lands on the last reel.

Instead of just looking for the high-paying symbols and scatter symbols, the extra features of Mustang Gold make each spin more interesting, as there is more variety in how prizes are paid out. 

Jackpot Reveal Game

The Jackpot Reveal Game is triggered when you collect three or more money symbols. This mini-game gives you the chance to win one of four fixed jackpots: Mini, Minor, Major, or Grand.

When the bonus round opens, the game will present you with a selection of horseshoes. Each horseshoe has a hidden corresponding prize. Match three, and you’ll win the associated award.

Theme

Mustang Gold takes you to the American West, where wild horses roam rugged landscapes. 

The reels are set against a backdrop of the sun setting in the West over golden canyons in the distance. A lasso and cowboy hat are perched on a fence, animated to move slightly in the warm breeze. 

The symbol set includes horses with magnificent manes, gunslinging cowboys and cowgirls, a sheriff’s star and a campfire.  Even the card suit symbols are designed with a rustic, western flair. 

While the Western theme is a little played out, Pragmatic Play has done a good job of bringing it to life. 

Graphics And Design

Mustang Gold may not have impressive 3D graphics, but the 2D symbols are well rendered, and sharp animations add some colourful fun to the reels.  

The colour palette reflects the setting sun, with warm earth tones that evoke the dusty plains of the Old West. 

Animations are used effectively, particularly during bonus rounds and big wins. Mustang Gold doesn’t push any boundaries in slot design but offers a polished, visually pleasing game that sticks well to its theme. 

Mobile Experience

I put Mustang Gold through its paces on various mobile devices, and I’m pleased to report that it performed well. 

The user interface is well adapted to touchscreens, with larger buttons and a simplified layout that makes spinning and adjusting bets a breeze. 

The simple 2D graphics translate well to smaller screens, remaining crisp and clear, losing none of their charm from the desktop version.

Performance-wise loading times were quick with no noticeable lag, even during bonus features. The only slight drawback is that some of the finer details in the background might be harder to appreciate on smaller screens.

Slots Similar to Mustang Gold

Buffalo King

Buffalo King is a Pragmatic Play slot that shares similarities with Mustang Gold. It features an American wildlife theme with 4,096 ways to win. The game offers free spins with multipliers and a slightly lower RTP of 96.06%.

Great Rhino Megaways

Great Rhino Megaways, also by Pragmatic Play, takes you on a safari experience with 200,704 paylines. It has slightly higher volatility than Mustang Gold and a free spins feature. The RTP is also marginally higher at 96.58%, which means better returns in the long run.

Dead or Alive 2

NetEnt's Dead or Alive 2 is another western-themed slot with high volatility. It offers multiple free spin features with different volatility levels and a crazy max win of 111,111x your stake!

Comparison Table

FeatureMustang GoldBuffalo KingDead Or Alive 2Great Rhino Megaways
Software ProviderPragmatic PlayPragmatic PlayNetEntPragmatic Play
RTP96.53% 96.06%96.8%  96.58%  
VolatilityMedium-HighHighHighHigh
Min/Max Bet0.25/1250.40/60.000.09/18.000.20/100.00
Max Win Potential12 000x93 750111 111x20 000x
Number Of Paylines2540969200 704
Key FeaturesMoney CollectFree Spins, WildsSticky Wilds, MultipliersFree Spins, Wilds
Bonus RoundsYesYesYesYes
Mobile CompatibilityYesYesYesYes
ThemeWesternWildlifeWesternWildlife

Mustang Gold beasts the other slots as far as bonus features are concerned. However, if you’re into medium-high volatility and animal themes, you’ll likely prefer Mustang Gold or Great Rhino Deluxe.

Buffalo King will undoubtedly appeal if you like Megaways slots with massive max wins. Dead or Alive 2 is the right choice if you’re a high-risk, high-reward player, as it has the highest max win and volatility.

Key Takeaways

  • Mustang Gold offers a good RTP of 96.53% and medium-high volatility, making it ideal for players who enjoy more significant rewards but don’t mind taking risks. 
  • The Money Collect feature and multiple bonus rounds ensure the game has plenty more on offer on top of its base game. 
  • Mustang Gold provides a well-executed Western-themed slot experience with smooth graphics, making it worth a spin for most slot enthusiasts.