Introduction to Ragnarok Gold
Ragnarok Gold is a casino slot from Slotmill appealing to fans of Norse Mythology! Slotmill continues their Ragnarok series with its distinctive Progressive Win Multiplier and strong visuals. Following titles such as Ragnarok and Ragnarok 40K, we get a similar gaming experience, with minor gameplay tweaks that boost the Win Multiplier. With an eye-catching max win of 40,000X the bet and decent RTP by default, it’s a must for fans of the series, presenting few surprises and keeping the series core intact. After a closer look, this game seems to be a reskin of Tiki Thunder, offering identical gameplay and stats. With that said, the Win Multiplier creates strong win potential as always, and with a chance to boost its value during both Base and Bonus Game, it presents a good reason to give this new edition a try.

Theme, Gameplay, & Payouts
Ragnarok Gold is a video slot by Slotmill that features 5 reels and 5 rows. Due to the cluster pays mechanic, this game has no regular pay lines; wins are created by landing 5 or more of the same symbol type anywhere on the reels. Players can select bet sizes ranging from 0.2 to 60, with a default RTP of 96.1%, but operators can choose to use the lower of 94.07%. This game has high volatility and offers potential wins of up to 40,000X your bet.
The game’s design follows the design of previous releases in the series, but with polished visuals and a slightly different setting. The 5x5 game grid is in the middle of the screen with the Win Multiplier above the reels. If you want to boost the gaming experience for a cost, activate the Feature Buy or Xtra-bet buttons on the left. All other buttons, including the Spin and Bet Size, can be found below the reels. You can play Ragnarok Gold on all mobile devices, desktops, and notepads. You create a winning combination by landing 5 or more of the same symbol types in a cluster anywhere on the reels, triggering the Avalanche.
The lower-paying symbols are the blue dragon, the green wolf, and the pink bird. Landing 12+ of the same symbol type pays between 5X and 6X. The higher-paying symbols are a blue Viking, a green Viking, a purple Viking, and a fire-blazing Viking. Landing 12+ of the same symbol type pays between 7X and 12.5X.
The game’s Wild Symbol has the design of a “W”, and this symbol type will appear on the game grid when all winning symbols have been removed. The Scatter Symbol is a Viking horn with the text “Bonus”, and landing 3 or more will trigger the Bonus Game.
Special Features & Slot Mechanics
What is the max win in the slot of Ragnarok Gold?
The max win is 40,000X the bet.
What features are available in the slot of Ragnarok Gold?
The features of this slot game are Avalanche, Wild Symbol, Progressive Win Multiplier, Loki’s Trick, Giant Symbols, Bonus Game, Xtra-Bet, Fast Track (Feature Buy).

Avalanche
The Avalanche feature is activated when a win is created, and the winning symbols will be removed from the reels. New symbols will fall from above and allow new winning combinations; this will continue as long as new winning combinations are created.
The Avalanche feature is connected to a Win Multiplier displayed on the left side of the reels. It has a starting value of 1X and doubles for each Avalanche. Its value is applied to all wins during the game and resets after each spin during the Base Game.
Wild Symbol
The Wild Symbol substitutes all symbols except the Scatter Symbol and helps you create winning combinations. After an Avalanche, a Wild symbol is generated in one of the empty positions on the reels before new symbols fill the game grid.
Progressive Win Multiplier
A winning combination triggers an Avalanche feature, which is connected to a Win Multiplier displayed above the reels. It has a starting value of 1X and doubles for each Avalanche. Its value applies to all wins during the game and resets after each spin in the Base Game.
During a spin, upcoming multiplier levels can be boosted by special features:
Ragnarök Surge = Erupts and causes the meter to advance directly to the next multiplier level.
Golden Relic = Adds 1, 2, or 3 Wild Symbols to the game grid before the meter advances to the next multiplier level.
Loki’s Trick
This feature can be randomly triggered at the start of each spin. When activated, the Win Multiplier increases by a random number of steps and is applied to any following wins.
Giant Symbols
This feature can be randomly triggered at the start of each spin or at the end of a spin when no more wins are present on the game grid. When triggered, a 2X2 or 3X3 giant symbol can randomly appear on the reels, increasing the win potential significantly.
Bonus Game
This feature can be triggered by landing 3 or more Scatter Symbols anywhere on the reels during the Base Game. Depending on whether you land 3, 4, or 5 Scatter Symbols, you will be awarded 8, 10, or 12 Free Spins, respectively. You can not retrigger the Free Spins in this game.
During the feature, the Win Multiplier is persistent and does not reset until the end of the Free Spins. Just like the Base Game, it has a starting value of 1X, doubles in value for each Avalanche, and applies to all wins.
Also, if the Golden Relic is activated and there is no winning combination on the reels, the feature will retrigger at the start of the next Free Spins.
The Super Mode can be triggered at random when the Free Spins start. When activated, the Giant Symbol feature is guaranteed to trigger every spin.
Xtra-Bet
You trigger the Xtra-Bet at the extra cost of 50% of the current bet. When this feature has been activated, the chances of triggering Bonus Games triple. You play the game with an RTP of 96.26%.
Feature Buy (Fast Track)
If you want to take advantage of the Bonus Games immediately, you can use the Feature Buy options:
30X (Loki’s Trick) = Guarantees the Loki’s Trick feature to trigger, and you play this option with an RTP of 96.12% and high volatility.
100X (Free Spins) = Activates the Free Spins with 8 Free Spins, an RTP of 96.12%, and high volatility.
350X (Gamble) = When activated, players have a 25% chance of hitting 5 Scatter Symbols and a 25% chance of hitting 5 Scatter Symbols with Super Mode activated. You play this option with an RTP of 96.24%
400X (Super Bonus) = Activates the Free Spins with 12 Free Spins, an RTP of 96.31%, and high volatility.
1,000X (Super Mode Free Spins) = Activates the Free Spins with 12 Free Spins, and a guaranteed Super Mode. Play this option with an RTP of 96.45% and high volatility.
Final Thoughts on Ragnarok Gold
This game provides a chance to step into the world of Norse Mythology among Thor, Odin, and Loki. The Norse Mythology has quickly become one of the industry’s most popular, blending strong visual appeal with storytelling. Here, Slotmill adds another edition to their Ragnarok series, featuring a similar design and vibe, but with polished visuals. We would love it if the provider had added new design nuggets for fans of the series, which would’ve separated it more from previous releases and made it stand out more.
So what makes this game stand out in terms of gameplay? As mentioned in the Introduction, this game follows the same mechanics and features as previous releases. And after testing the game, we noticed it’s actually a reskin of Tiki Thunder, which was released earlier this year. But compared to previous Ragnarok releases, it offers a Ragnarök Surge and Golden Relic during both the Base and Bonus Game, boosting the Win Multiplier to the next level or adding Wild Symbols to the reels. As always, the Win Multiplier reaches its peak during the Bonus Game, when it becomes persistent and, combined with the Ragnarlok Surge, it creates strong payout power, especially in the ladder stages of the feature. However, it doesn’t have the same “exponential increase” mechanic we saw in Dark Forge, where multiplier values are totally removed from the meter, which can take the Win Multiplier to another level.
Overall, with a polished design and strong win potential, Ragnarok Gold works fine as an alternative for fans of the series. The Win Multiplier has become a cornerstone of Slotmills releases, and we aren’t complaining, considering its payout power. However, the reskin aspect is disappointing, and we think this series deserves a more unique edition to its catalog.
Ragnarok Gold continues Slotmill’s series with a boosted Win Multiplier, but beneath the crisp Norse Mytholgy design, it’s a reskin of a previous release.




