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Slot review

Mustang Gold at Dundeeslots Casino: how it plays and what it pays

Pragmatic Play's Mustang Gold runs on five reels with Free Spins and Money Collect bonuses. It pays 96.53%, mixing smaller and bigger wins across 25 paylines.

Collect offer No hidden hold times
Mustang Gold

Your first spin at Mustang Gold

Reels, paylines and the Money Collect mechanic. Mustang Gold takes you to a dusty western ranch across 5 reels, 3 rows and 25 fixed paylines. Released in 2019, this Pragmatic Play game blends classic horse and cowboy symbols with modern bonus mechanics. The Money Collect feature lets you gather horseshoe values when a Collect symbol lands on reel 5, stacking wins from both paylines and collected values in a single spin. Medium volatility means you'll see a mix of smaller frequent wins and occasional bigger payouts as you play.

Who this game fits best. Mustang Gold suits players who enjoy steady action with occasional bonus peaks rather than long dry runs. The A$0.25 minimum bet welcomes those learning the game, while the A$250 maximum serves higher-staking players. If you prefer frequent small wins over rare huge payouts, this medium-volatility game matches your style. Players seeking only high-variance thrills with massive gaps between wins should look elsewhere, but most session styles find a comfortable home here.

How Free Spins transform the game. Free Spins reshape how Mustang Gold plays. Land 3 campfire Scatter symbols on reels 2, 3 and 4 to trigger 8 free spins on special reels that carry far more Money Symbols and Collect symbols than the base game. Every 3 Scatters you land again adds another 8 free spins with no upper limit, meaning your bonus round can expand dramatically. The Money Collect feature remains active throughout, so bonus wins often exceed what base-game spins produce.

Full story
Mustang Gold at a glance

From grid to maximum win: what matters here

Use this table to understand how the slot works and what the numbers mean for you.

Pragmatic Play

StudioPragmatic Play
Return to player96.53%
Volatilitymedium
Playing grid5x3

A$3 000 000

Maximum winx12 000
Largest payoutA$3 000 000
Game release17/01/2019
Five steps to your first spin

Set your bet and watch the reels turn

Every round follows the same pattern, and the game never hides what is about to happen.

Bet size: from quarter dollar to two-fifty
You start by choosing your stake, from A$0.25 to A$250 per spin. This amount goes on all 25 paylines at once, so higher bets unlock larger payouts if a win lands.
Mustang Gold pays on aligned symbols
You win when 3 or more matching symbols line up on one of the 25 paylines running across the reels. Each payline win multiplies your bet per line, not your total stake.
Base game: wins and the Collect mechanic
The base game reels spin, and you watch for payline wins or Money Symbols that land alongside a Collect symbol on reel 5. The Money Collect feature sums all visible Money Symbol values and adds them to your win.
How do you unlock free spins?
Three campfire Scatter symbols appearing on reels 2, 3 and 4 in the same spin trigger 8 free spins. The free spin reels carry more Money Symbols and Collect symbols than the base game.
Your moment to set your limits
Before your first spin, set a deposit limit, loss limit or session time reminder through Dundeeslots Casino. These tools help you stick to your plan and play only what you can afford.
Mustang Gold screens

What does a round of Mustang Gold look like?

Symbol pay guide

Mustang Gold symbol payouts at a A$1 bet

The payouts shown below are in Australian dollars at a A$1 bet per line. Matching more symbols across a payline pays more.

The horses and characters

White mustangWhite mustang3+ A$10 · 5+ A$500
Dark mustangDark mustang3+ A$10 · 5+ A$300
CowboyCowboy3+ A$10 · 5+ A$250

Lower pays

CowgirlCowgirl3+ A$10 · 5+ A$200
AceAce3+ A$5 · 5+ A$100
KingKing3+ A$5 · 5+ A$100

Mustang Gold bonus features and how they run

When horseshoes meet the Collect. One or more Money Symbols on reels 1-4 plus a Collect symbol on reel 5 in the same spin adds all visible Money Symbol values in total-bet multiples to your payline win. This feature works in both base game and Free Spins.

Spin free with stacked symbols. Three campfire Scatters landing on reels 2, 3 and 4 trigger 8 free spins. The special reels during Free Spins carry more Money Symbols and Collect symbols than the base game. Land 3 more Scatters to retrigger 8 additional free spins with no limit.

Matching three horseshoes wins the jackpot. When a JACKPOT-tagged Money Symbol is collected via the Collect symbol on reel 5, the Jackpot Reveal Bonus Game plays one round per JACKPOT tag in sequence. Pick horseshoes to reveal jackpot symbols; matching 3 of the same awards that jackpot prize: Grand 1000x, Major 200x, Minor 100x or Mini 50x of total bet.

Spin the five reels. The base game runs 5 reels across 3 rows with 25 fixed paylines. Ordinary symbol wins are multiplied by your bet-per-line, not your total bet. This is where you build towards triggering the bonus features.

Your next move

Start with the demo, move to stakes

18+Find out how the game plays without risking your own money first

Learning the paytable safely

Spin the reels with virtual credit and no real stakes. You'll see how the Money Collect feature works, how free spins trigger, and what the symbols pay—all with nothing to lose.

Play demo

Where your stakes become winnings

Once you know the game, you can stake your own money from A$0.25 per spin. Each win is real money you can keep or play through again, and Free Spins can retrigger without limit.

Play for money

Plan your play knowing what stays uncertain

When free spins arrive is pure chance. When the Free Spins round arrives depends on pure chance. No pattern, habit or timing can help you predict when 3 campfire Scatters will land on reels 2, 3 and 4 together.

Can one session prove how a game pays? Your results in one session are random, no matter how the RTP is calculated. A session ending at a loss or a win tells you nothing about the game's average payout over thousands of spins.

When you play towards the maximum. A$3 million is a ceiling reached so rarely that planning a play session around this maximum win is not realistic. Medium volatility means most wins sit between these extremes.

Your payout percentage guide

Average return per A$100 staked on Mustang Gold

RTP is a long-run average calculated over many thousands of spins. The 96.53% figure shown applies only to the standard game and shows what players typically get back per A$100 staked across that massive sample.

RTP 96.53% · Standard game

Return per A$100A$96.53
Casino keepsA$3.47
Discover other Pragmatic Play slots

Other Pragmatic Play slots to spin before you decide

Which version

What sets the two Mustang Gold games apart?

The standard Mustang Gold pays 96.53% with a 12,000x maximum win, while Mustang Gold Megaways pays 96.46% and reaches 5,000x.

Mustang Gold Megaways

RTP96.46%
Top prize (times stake)x5 000
Launch2024

Mustang Gold

RTP96.53%
Top prize (times stake)x12 000
Launch2019
About Mustang Gold

Mustang Gold: the answers you need first

You'll know how to trigger bonuses, what the RTP means, how this game compares, and what bets you can place.

Can I get free spins in Mustang Gold?+
Three campfire Scatters landing on reels 2, 3 and 4 in the same spin trigger 8 free spins. The reels during free spins carry more Money Symbols and Collect symbols than the base game. You can retrigger more free spins with no limit on how many times.
What happens when I play Mustang Gold at its standard RTP?+
Mustang Gold runs at 96.53%, the standard version. This figure means that over A$100 wagered across many sessions, the game returns 96.53 in wins on average. Every spin's outcome is independent and random; this RTP applies to the long run, not to any single session.
How long does Mustang Gold differ from Mustang Gold Megaways?+
Mustang Gold Megaways is a separate game released in 2024 with a different layout and RTP of 96.46%. The original Mustang Gold from 2019 uses 5 reels, 3 rows and 25 fixed paylines. The two games play differently and have different maximum wins.
Do I need real money to try Mustang Gold in demo?+
No. The demo plays Mustang Gold with practice credits, not your money. You can spin the reels, see how the features work and understand the game before you choose to play for real. Any demo winnings stay in the demo and do not transfer.
How much can I bet on Mustang Gold each spin?+
You can bet between A$0.25 and A$250 per spin on Mustang Gold. The game lets you pick your stake before each round. A$1 is a common bet size, and at A$2 the maximum win is A$24 000.

Playing within your means

Mustang Gold and your session budget. Decide how much money you can afford to lose before you spin. Set a session budget and stick to it, treating any winnings as a bonus rather than extra funds to play with.

Mustang Gold and your stopping point. Plan your exit point in advance. Whether you hit a win or run through your budget, decide now when the session ends so emotion doesn't push you to keep playing.

Set deposit and loss limits. Mustang Gold works best with deposit limits and loss limits on your account. These tools help you stay within bounds across all your play, not just this game.

Fun becomes pressure: step back. If the game stops being fun or you're chasing losses, take a break or self-exclude. Gambling Help Online, Lifeline Australia and BetStop offer support whenever you need it.

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