Mustang Gold

Mustang Gold is a video slot from Pragmatic Play released in October 2020. The game transports players to the Wild West atmosphere, where against the backdrop of desert canyons and setting sun unfolds a story about wild mustangs, cowboys, and the search for gold. The slot stands out with its money symbol collection mechanics, four fixed jackpots, and unlimited free spin retriggers.

Built on a classic 5×3 grid with 25 fixed paylines, Mustang Gold offers an RTP of 96.53%, which is above industry average. The medium-high volatility means less frequent but potentially larger wins, with a maximum payout of 12,000x the stake.

Game Mechanics and Symbols

Special Symbols

The Wild symbol is represented by the game logo and appears on reels 2, 3, 4, and 5. It can appear fully stacked and substitutes for all regular symbols except Scatter, Money, and Collect symbols.

The Scatter symbol (campfire) appears only on reels 2, 3, and 4. Three scatters trigger 8 free spins and pay 1x the total stake.

The Money symbol (golden horseshoe) appears only on reels 1, 2, 3, and 4, containing random multipliers: 1x, 2x, 3x, 5x, 8x, 10x, 12x, 15x, 18x, 20x, 25x, 30x, or 35x the stake, or “JACKPOT” text.

The Collect symbol (sheriff badge) appears only on reel 5 and collects all money symbol values when appearing simultaneously.

Symbol Values

Bonus Features

Money Collect Feature

This is the game’s main feature, active in both base game and free spins. The mechanic works as follows:

1. Money symbols (golden horseshoes) with various multipliers appear on reels 1-4
2. Collect symbol (sheriff badge) appears on reel 5
3. When both symbol types appear simultaneously in one spin, all horseshoe values are summed and paid to the player
4. Multiple horseshoes can appear simultaneously, significantly increasing the payout

Free Spins Bonus

Triggered by three scatter symbols on reels 2, 3, and 4, awarding 8 free spins. During free spins:

• Enhanced reel set with more Money and Collect symbols is used
• Money Collect feature remains active throughout
• Three new scatters retrigger 8 additional free spins
• Unlimited retriggers possible – a rare feature in modern slots
• No win multipliers during the bonus

Jackpot Reveal Bonus

Activated when a Money symbol containing “JACKPOT” appears simultaneously with a Collect symbol. Players enter a separate screen with 12 horseshoes and must pick until finding 3 matching jackpot symbols:

Technical Specifications

Mustang Gold operates on HTML5 technology, ensuring smooth gameplay across all devices. The betting range spans from $0.25 to $125, accommodating both casual players and high rollers. The game includes autoplay functionality and turbo mode for faster spins.

The 96.53% RTP is distributed across base game, bonus features, and jackpots. The medium-high volatility means players should expect longer dry spells punctuated by significant wins, particularly during the enhanced free spins rounds.

Online Gambling Regulation

Online gambling regulations vary significantly by jurisdiction. In regulated markets like the UK, operators must hold valid licenses from authorities such as the UK Gambling Commission. The United States has a patchwork of state-level regulations, with some states like New Jersey and Pennsylvania offering legal online casino gaming.

European markets generally follow licensing frameworks established by jurisdictions like Malta, Gibraltar, and Curacao. Players should always verify that their chosen casino operates under proper licensing and regulation in their jurisdiction before playing real money games.

Demo Play Platforms

Real Money Play Platforms

Strategy and Tips

Given the medium-high volatility, bankroll management is crucial when playing Mustang Gold. The game’s mathematical model suggests that significant wins often come through the bonus features, particularly multiple retriggers during free spins.

The Money Collect feature provides regular excitement in the base game, but the real potential lies in the enhanced free spins where Money and Collect symbols appear more frequently. Players should be prepared for potentially long sessions before triggering the bonus round.

The jackpot feature, while exciting, represents a small portion of the overall RTP. The game’s maximum win potential of 12,000x typically requires multiple retriggers combined with high-value Money Collect wins rather than jackpot hits alone.

Final Assessment

Mustang Gold delivers a solid Wild West gaming experience with well-balanced mechanics and fair winning potential. The Money Collect feature keeps base game sessions engaging, while the unlimited retrigger potential in free spins adds significant excitement. The 96.53% RTP is competitive, and the wide betting range accommodates various player preferences.

However, the game’s medium-high volatility and relatively infrequent bonus activation may not suit all players. The visual presentation, while thematically appropriate, doesn’t push boundaries in terms of innovation.

Mustang Gold earns a solid recommendation as a reliable medium-tier slot with good win potential. It’s ideally suited for players who appreciate balanced gameplay with the possibility of substantial payouts and don’t mind waiting for bonus feature activation. The game successfully combines classic slot elements with modern features, making it a worthy addition to Pragmatic Play’s portfolio.