Mustang Gold is a Pragmatic Play slot with a 5-reel, 3-row layout and 25 fixed paylines, released on 17th January 2019. The provider's game page lists a 96.53% RTP and a 12,000x maximum win. Volatility is given as Medium at Lottomart, where the same game is listed with a 92.09% RTP and a bet range of £0.25 to £5.00. The official demo on the provider's site is free to open.
So the first thing a British player should know is that two returns are in circulation for one title. The rest of this page explains what the horseshoes and the sheriff badge do, how the jackpot pick works, what changes during free spins, and how to find out which version a casino has put in front of you.
Key figures on one screen
Mustang Gold pays on 25 fixed paylines across 5 reels and 3 rows, with a 12,000x cap and a 96.53% default RTP. Medium volatility and the £0.25 to £5.00 stake range come from Lottomart's listing, which also carries the lower 92.09% return. 7bet quotes 96.53% and lists Buy Bonus as not available.
| Item | What the sources state |
|---|---|
| Provider | Pragmatic Play |
| Released | 17th January 2019 |
| Layout | 5-reel, 3-row, 25 fixed paylines |
| RTP on the provider's page | 96.53% |
| RTP at 7bet | 96.53% |
| RTP at Lottomart | 92.09% |
| Volatility at Lottomart | Medium |
| Maximum win | 12,000x |
| Stakes at Lottomart | £0.25 to £5.00 |
| Fixed jackpots | 50x, 100x, 200x and 1,000x the stake |
| Buy Bonus at 7bet | Not available |
Lines, symbols and what they pay
Wins form when matching symbols appear from left to right on one of the 25 fixed paylines; every line is active on each spin, so there is nothing to switch on or off. The card symbols 10, J, Q, K and A are the low end, paying 4x the stake for 5-of-a-kind. Above them sit the Cowgirl, the Cowboy, the Black Mustang and the White Mustang, which pay between 8x and 20x the stake for five, with the White Mustang having the highest payout.
The wild is the slot's logo. It stands in for the ordinary symbols but not for the Scatter, Money and Collect symbols, which have jobs of their own. The scatter is a campfire and appears on reels 2, 3 and 4 only.
Horseshoes and the sheriff badge: the Money Collect feature
Money symbols - golden horseshoes - land on reels 1-4 and carry values from 1x to 35x. On their own they pay nothing. They are paid only when a collect symbol, a golden sheriff badge, lands on reel five on the same spin; the badge then awards all visible values. A reel full of horseshoes without a badge is a near miss and nothing more.
Some horseshoes show a jackpot instead of a number. Collect a money symbol with the Jackpot value and the Jackpot Reveal feature opens: you pick until you match three symbols and win the corresponding jackpot. There are 4 available jackpots, all fixed: the Mini Jackpot at 50x the stake, the Minor at 100x, the Major at 200x and the Grand at 1,000x. The game does not include a progressive jackpot, so these sums do not grow with play.
Mustang Gold free spins
Three scatters trigger the bonus game with eight free spins. Because the campfire appears on reels 2, 3 and 4 only, that means one on each of the three middle reels. During the round more money and collect symbols are present on the reels, and the Money Collect Feature is also active, so the horseshoe-and-badge pairing is simply more likely to show up than in the base game.
A further three scatters on reels 2-4 award eight more free spins, and the provider states that the bonus can be retriggered infinitely. That is a rule, not a forecast: each retrigger still needs three campfires to land, and each spin is decided at random.
Opens the official demo on an external site. No deposit, no sign-up with us. www.pragmaticplay.com
Mustang Gold RTP: 96.53% or 92.09%
The provider's game page and 7bet both give 96.53%; Lottomart lists 92.09%. Both describe Mustang Gold, and both can be correct, because a provider may supply the same game in more than one return configuration and the operator chooses which to run. The figure that applies to you is the one in the game's own information screen at the casino where you play, and it takes a few seconds to check.
RTP is a long-run average across a very large number of spins. It says nothing about one session, and neither figure makes a win more or less likely on the next spin. Medium volatility describes the spread of results around that average; it is a characteristic of the maths, not a prediction. The 12,000x maximum is the ceiling the rules allow, and results are random on every spin whatever the stake or the timing.
Versions and lookalikes
Every figure on this page describes the original Mustang Gold of January 2019, the 25-payline game. The sources saved for this review do not document any other edition, so we quote no figures for one. If a casino lobby shows a similarly named title, treat it as a separate game with its own paytable and return, and read its information screen rather than this page.
What we like
- The provider publishes the default RTP and the maximum win on its own page
- All four jackpots are fixed multiples of the stake and stated in the rules
- Money symbols follow one clear rule: no collect symbol on reel five, no payment
- Official demo is free to open on the provider's site
What to keep in mind
- Lottomart runs the game at 92.09%, well below the 96.53% default
- The stake range we could verify comes from one operator only
- Horseshoes without a badge look like a win and pay nothing
- Buy Bonus is not available at 7bet, so there is no shortcut into the bonus there
Who will get on with it
Mustang Gold suits players who prefer a traditional payline slot with one extra idea on top, and who like fixed jackpots whose size is known before the first spin. It is less suited to anyone who treats a collection of horseshoes as a sign that a payment is close - the reels have no memory, and a missed badge does not make the next one more likely. Open the demo first, decide on a budget before playing for money, and stop when it is spent.
Our verdict
We rate Mustang Gold 4.0 out of 5 on our published methodology. The provider states the return and the cap openly, the demo is available, and the rules - paylines, collect symbol, jackpot pick - can be followed by a newcomer without a guide. The deduction is for the gap between configurations: a player who opens the game at an operator running 92.09% is playing a noticeably different product from the one described on the provider's page, and nothing on the reels tells them so. The rating is an opinion about how clearly the game presents itself, never a statement about winning.
Variance simulator
Simplified model based on the published RTP and volatility, not the game's real math. For learning only — results are random and prove nothing about future sessions.
Questions people ask
Who made Mustang Gold?
Pragmatic Play. The slot was released on 17th January 2019.
What is the Mustang Gold RTP?
The provider's page and 7bet give 96.53%. Lottomart lists 92.09%. Check the information screen of the game at your casino to see which applies.
Is there a Mustang Gold demo?
Yes. The provider hosts an official demo on its game page. It is free to open and sits behind an age confirmation.
What is the Mustang Gold max win?
The provider states a 12,000x maximum win. It is a ceiling set by the rules, not an expected result.
Can I play Mustang Gold on mobile?
Yes. 7bet describes the game as optimised for Android and iOS devices, and Lottomart offers it on mobile devices and desktop PCs.
Does Mustang Gold have a progressive jackpot?
No. It has four fixed jackpots of 50x, 100x, 200x and 1,000x the stake, won in the Jackpot Reveal feature by matching three symbols.
