Carol of the Elves

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  • Expanding reels with up to 3125 winning ways
  • Increasing multipliers
  • Second chances for respins
  • No free spins round

Carol of the Elves is an online slot developed by Yggdrasil Gaming that begins with 45 winning ways which expand up to 3125. Features include respins and increasing multipliers. The RTP of this medium volatility slot is 96.2% and its top prize is worth 5200x.


Yggdrasil brings us plenty of Christmas cheer in its Carol of the Elves online slot – and, the best part is, it’s not just a Christmas makeover for an existing game! This vibrant, jolly slot comes with some great bonus features, including respins, increasing multipliers and expanding reels – along with a top prize of 5200x.

Theme and Graphics

What’s really great about Carol of the Elves is that it is a brand-new game. It’s not a Christmas reskin like Santa King Megaways or Big Bad Wolf Christmas Special; it’s just its own slot with a holiday theme. While there’s nothing wrong with reskins (after all, they give much-loved games cute holiday makeovers), we do love to see fresh content from the talented game developers out there.

In Carol of the Elves, there’s a cheery Christmas theme, and the reels are showered in the unmistakeable glow of Christmas lights. Two adorable elves sit on either side of the reels and symbols feature various animals dressed up in Christmas outfits.

Carol of the Elves

How to Play

It’s easy to get playing Carol of the Elves:

  1. Once the game loads, click the + button to open the settings and paytable menus.
  2. Click the i to review the payable and the great to adjust spin speed and volume settings.
  3. Adjust your wager. You can bet between .10 coins and 150 coins per spin.
  4. Look at your autoplay options, where you can also set loss and win limits.
  5. Hit the spin button and have fun!

Carol of the Elves RTP and Variance

The RTP of Carol of the Elves is 96.20%. This is a pretty good payout percentage, seeing as most games range from 96% to 96.5% in RTP nowadays.

Yggdrasil’s Carol of the Elves slot is also a medium volatility game. So, you should be able to cash in on a good mix of larger and smaller wins as you spin the reels.

How to Win

There are 45 winning ways available in Carol of the Elves – but this expands up to 3125 as unlock more symbol positions on the reels.

To hit wins, you have to land three or more matching symbols on adjacent reels. When you hit a win, blocker tiles are removed from the reels to provide you with more winning ways. This is similar to the mechanic at work in Aztec Bonanza and Rainbow Riches Cluster Magic.

Then, you’re given a respin with the expanded set of reels for the chance to hit more wins and unlock more winning ways. Once you’ve removed all of the blockers, then you’ll trigger the game’s bonus feature.

Lantern Collection Bonus

In the Lantern Collection Bonus, you begin with all 3125 winning ways unlocked, and an increasing multiplier that starts at 2x. The Extra Lives feature is also activated.

Whenever you hit a win during this feature, you’ll light up your lanterns. For every five green lanterns you light up, your multiplier will increase by 1x. For every 5 red lanterns you light up, you’ll get an Extra Life.

The Extra Lives will stop the round from ending when you have a losing spin. So, the more Extra Life lanterns you collect, the better.

This isn’t your typical free spins bonus, but it does end up playing out a little bit like one once you’ve entered the Lantern Collection Bonus. You just get respin after respin after respin, collecting multipliers as you go so it really feels like you’ve entered a free spins bonus round.

Carol of the Elves Review

Carol of the Elves from Yggdrasil Gaming is definitely a charming online slot in terms of theme, and its gameplay is also quite entertaining. The game keeps you engaged on  each spin, thanks to the unlockable winning ways and you’re able to earn some good wins if you manage to make it to the Lantern Collection Bonus.

As a medium volatility slot, Carol of the Elves definitely delivers. The wins do come around more often than we experience in higher variance games, and the 5200x top prize is a great offer for a medium volatility game.

The Lantern Collection Bonus is a little bit complex at first. However, it really only takes you triggering it once to really understand what’s going on.

This feature is triggered quite often, but it doesn’t always lead to big wins. In the handful of times that we landed the Lantern Collection bonus, we mostly ended up with 20x wins.

Overall, Carol of the Elves is a fun and engaging online slot that will put you right in the Christmas spirit. It has some great bonus features and consistently rewarding gameplay, so you’ll be sure to enjoy yourself.

Disclaimer: Carol of the Elves trademark / license is owned by Yggdrasil Gaming. This site is not endorsed by Yggdrasil Gaming.

* Although we try and match games with Casinos that have them, we advise that you double-check the slot content on the casino before making a deposit.

Slot Data
Slot Name: Carol of the Elves
Software: Yggdrasil Gaming
RTP: 96.20%
Volatility: High volatility
Paylines: 3125
Reels: 5
Min Bet (all lines covered): £0.10 (GBP)
Max Bet: £150 (GBP)
Top Win: 5200
Features: Wild Symbol , Multiplier , High volatility , 5 Reels , Expanding Reels , Increasing Multipliers , Bonus Meter
UK Available in GB? Yes. Yggdrasil Gaming have a UKGC license and are allowed to offer their games at UK licensed casinos.

Carol of the Elves Slot FAQs

What is the RTP of Carol of the Elves?

Carol of the Elves has a payout percentage of 96.20%.

What is the biggest win available on Carol of the Elves?

The top win available on Yggdrasil’s Carol of the Elves slot is 5200x – quite generous for a medium variance slot.

Is there a free spins round in Carol of the Elves?

There is no free spins bonus in this game, but you can trigger respins after every win.

How many winning ways can you trigger in Carol of the Elves?

The game begins with 45 winning ways, but it can expand to 3125. As you land wins, you’ll remove blocker symbols and increase the number of winning ways available. Once you’ve unlocked all of the ways to win, you’ll enter the Lantern Collection bonus where you can land increasing multipliers.

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