Mustang Gold: the guide to playing at Redwin Casino
Pragmatic Play's western-themed slot uses Money Collect and Free Spins to build wins across 25 paylines, with an RTP of 96.53% and medium volatility.
Five reels, 25 paylines, and horse-themed wins
How the western grid pays. Mustang Gold brings a western theme to a 5-reel, 3-row grid released in 2019 by Pragmatic Play. You win across 25 fixed paylines when three or more matching symbols land left to right. The game mixes standard symbol wins with Money Collect mechanics that trigger when horseshoe symbols land alongside a Collect symbol on the final reel, adding their values to your payout. Volatility sits at medium, meaning you'll encounter a blend of smaller regular wins and occasional bigger payouts.
Who this slot fits? Mustang Gold suits you if you prefer measured gameplay without long droughts between wins. Bets start at A$0.25 and climb to A$250, giving you flexibility whether you play cautiously or stake higher amounts. The medium volatility and Money Collect feature keep rounds active across a range of bet sizes. Players chasing frequent large payouts may find the rhythm slower than high-volatility games, while those avoiding extreme swings will find a steadier experience.
Mustang Gold's bonus acceleration. Free Spins shape how Mustang Gold unfolds. Land three campfire Scatters on reels 2, 3 and 4 to trigger 8 free spins, where the reels carry more Money Symbols and Collect symbols than the base game. Each time three more Scatters land during Free Spins, you retrigger another 8 spins with no limit on how many times this can happen. This feature is where your round can accelerate beyond the base game rhythm.
See MoreWhat each figure means at the table
Know what RTP, volatility, maximum win and grid mean before you start playing.
Pragmatic Play
A$3 000 000
How does one round of Mustang Gold play out?
You set the bet once, then watch the reels decide what you win
From spin to free spins: the game on screen
Read what your symbols earn here
These payouts are in Australian dollars at a A$2 bet. More symbols landing on a payline deliver a larger payout.
Premium wins
White mustang3+ A$20 · 5+ A$1 000
Dark mustang3+ A$20 · 5+ A$600
Cowboy3+ A$20 · 5+ A$500A and K
Cowgirl3+ A$20 · 5+ A$400
Ace3+ A$10 · 5+ A$200
King3+ A$10 · 5+ A$200Trigger your bonus round and retrigger for more
Collect to sum the Money Symbols. Money Symbols appear on reels one through four as horseshoes. When one or more land alongside a Collect symbol on reel five in the same spin, all visible Money Symbol values add together and pay out in multiples of your total bet, added to any payline win.
From regular spins to free spins. Three campfire Scatter symbols on reels two, three and four trigger eight free spins on reels loaded with extra Money Symbols and Collect symbols. When three more Scatters land during free spins, eight more free spins start with no limit on how many times you can retrigger.
Jackpot Reveal Bonus Game. A Jackpot-tagged Money Symbol collected via the Collect symbol starts the Jackpot Reveal Bonus Game. You pick horseshoes to reveal jackpot symbols; matching three of the same awards that jackpot tier: Grand at 1000x total bet, Major at 200x, Minor at 100x, or Mini at 50x total bet.
Mustang Gold base game setup. Five reels and three rows hold 25 fixed paylines where three or more matching symbols form wins. Payline wins multiply by your bet per line, not your total bet. The base game runs until a Scatter, Collect symbol or Jackpot tag triggers a bonus feature.
How do Mustang Gold and Mustang Gold Megaways differ
The standard Mustang Gold from 2019 holds 96.53% RTP and reaches 12,000x your bet; Mustang Gold Megaways launched in 2024 at 96.46% RTP with a 5,000x maximum win.
Mustang Gold Megaways
Mustang Gold
What nobody can promise about this slot
The bonus round timing stays random. The Free Spins Feature starts when three Scatters land on reels 2, 3 and 4. When this happens is random and cannot be forecast, so you cannot count on the bonus round coming within any number of spins.
One spin differs from the average. Your result from one session depends on which symbols and features land on the reels. The 96.53% RTP is a long-term average across millions of spins; one session may win or lose regardless of that figure.
Treat the top prize as a ceiling. The maximum win of A$3,000,000 at the highest bet is a ceiling rarely reached. Most sessions land far below this peak, and you have no way to know your session's result before the reels stop.
How much does each RTP figure pay you back
RTP is a long-run average calculated across millions of spins; the 96.53% shown applies only to the standard game played at standard bet sizes. These averages tell you what the game pays back over time, not what any single session will return.
RTP 96.53% · Standard game
Mustang Gold and other Pragmatic Play games
Experience the game without risking your balance
Unlimited practice spins
Spin the 5x3 reels with play credits that never run out. Watch how Money Symbols and Collect work together, how Free Spins trigger on Scatters, and what the Jackpot Reveal bonus feels like. You keep nothing you win.
Play demoYour balance is on the line
Start at A$0.25 per spin or jump to A$250. Your wins go straight to your account. The same reels, features and payouts apply whether you stake A$2 or A$5, and a Collect symbol on reel 5 can unlock the full A$3 000 000 maximum if the conditions align.
Play for moneyQuestions about Mustang Gold
You will know what to expect when you start your first spin.
What happens when you play Mustang Gold in demo mode?+
What RTP does Mustang Gold run at?+
What is the maximum win on Mustang Gold?+
Where does Mustang Gold differ from Mustang Gold Megaways?+
Why do three Scatter symbols trigger Free Spins on Mustang Gold?+
What stops you playing when you should?
Mustang Gold needs a budget. Decide how much you can afford to spend before your session starts. This amount should never return to your account or come from money you need for essentials.
Before you win, decide when you leave. Plan when you will stop playing, and stick to it whether you are winning or losing. A big payout from Free Spins or the Jackpot Reveal is not a signal to keep going.
Let your limits do the work. Use your account's deposit limits and loss limits to enforce your choices automatically. These tools at Redwin Casino stop you wagering more than you planned.
When to step away from the reels. If Mustang Gold stops being enjoyable, or if losing feels urgent, take a break or use self-exclusion. Contact Gambling Help Online, Lifeline Australia or the National Self-Exclusion Register.