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Midas Gold

Review, Demo Play, Payout, Free Spins & Bonuses

Midas Gold is an online slot developed by Red Tiger Gaming. It is a 5-reel slot with 243 ways to win. The RTP is 96.22% and the variance is high. Inspired by Greek myth...ology, this slot has golden re-spins as a bonus feature.
 

Midas Gold is an online slot developed by Red Tiger Gaming. It is a 5-reel slot with 243 ways to win. The RTP is 96.22% and the variance is high. Inspired by Greek myth ology, this slot has golden re-spins as a bonus feature.
 
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Pros
  • Pretty good 96.22% RTP.
  • High variance suits risk takers.
  • Required loss limit in autoplay.
Cons
  • High variance may deter the cautious.
  • Theme isn’t particularly original.

Introduction

Some themes seem like they are made for slots. King Midas, with his golden touch, seems like one of them. After all, who wouldn’t want to turn their reels gold? That’s what you can do if you enter the re-spins feature in Midas Gold, but that’s not all Red Tiger Gaming have given you, as you’ll see in our Midas Gold slot review. The 5 reels of this slot contain no less than 243 ways to win, all depicted in gorgeous graphics and thrilling gameplay. You’ll probably enjoy it if you liked Fire in the Hole.

Theme, Graphics & Soundtrack

You’ve probably heard of King Midas before. You may even have played other video slots inspired by this legendary figure from Ancient Greece. It’s a captivating story, the king who possessed the apparently enviable power to turn ordinary items into beautiful, valuable gold. Until the day he accidentally touched his daughter with his power, and had to beg the gods to restore her to life.

The imagery in the Midas Gold slot is the sort you’d expect in any Greek-themed slot game. Just look at the clothing the characters wear. Then there’s the architecture of the palace, which looks out over a calm sea and its equally Greek ships. Everything is bright and bold, full of gold and sunshine, with birdsong joining the music in the background.

Midas Gold

Midas Gold RTP and Variance

Return to player average is just that, an average, calculated by looking at far more games than you’ll ever be able to play, but it’s still a handy guideline. Well, except when the casino decides to vary it. You may need to check if they’ve lowered the RTP, but at its highest it could be 96.22%. This sits alongside high variance, meaning wins tend towards large but infrequent. Of course, some casinos will also offer the advantage of free demo versions and no deposit slots so there’s less risk for your wallet. 

How to Play Midas Gold

Can you turn this slot game into gold?

  1. Nothing about this layout is unusual for a Red Tiger Gaming slot. The paytable and help page are linked in the bottom corner, the sound and full screen controls in the top.
  2. Even in free, no deposit slots, always set out your budget before you start. You’ll need it to set a sensible bet and to establish some loss and single win limits as stopping points.
  3. Setting your bet involves clicking the bet display, then scrolling through the available amounts.
  4. If you choose to click the auto button to set up autoplay, you have to include a loss limit as well as number of spins. Win limit or stopping on a bonus are optional.
  5. The only other button you may want to press before you start is turbo, if you want to speed things up (possibly by sacrificing graphics and animations).
  6. Don’t forget to take regular breaks once you start playing. Video slots are more fun when you stay in control. In the same vein, try out the free demo first to get the hang of it before even considering betting real money (you could, of course, just stick to the free version for all the fun and none of the risk).

Know when to stop. Always play responsibly.

Bet & Win Sizes

The Midas Gold online slot comes with 0.20 as its minimum bet and 0.40 as maximum, which isn’t the biggest range but should suit most players.

You may have 243 ways to win, but like most video slots, it’s still about matching symbols. Three, four or five of them, consecutive, adjacent and starting on the left. The biggest wins come from five matches:

10 - 1

J - 1.2

Q - 1.4

K - 1.5

A - 2

Bowl of fruit - 3

Golden chalice - 4

Throne - 6

Woman - 8

Max-win 2,000x
Volatility High
Top RTP 95.2%

Midas Gold Bonus Features

When it comes to online slots, an almost infinite number of bonus features are available, but Midas Gold concentrates its attention on one, and it’s an exciting one.

Midas Gold Re-spins

When Midas applies his touch to the reels, he’ll turn a random symbol into gold. All of those symbols will be locked in place, still golden, whilst you are awarded a free re-spin and an extra chance at a combination. Re-spins will continue until you have run out of golden symbols.

Midas Gold Review

You can’t really say that Midas Gold is breaking new ground when it comes to a slot game. The theme, the format, the features, they’re all things we’ve seen before. That doesn’t mean it’s not designed well, a pleasure to the eyes and a joy to play. Anyone who likes their Ancient Greek imagery or just appreciates a luxurious setting will enjoy Midas Gold, especially when symbols can turn to gold with a touch.

Slot Data
Slot Name: Midas Gold
Software: Red Tiger Gaming
RTP: 95.2%
Volatility: High volatility
Paylines: 243
Reels: 5
Min Bet (all lines covered): £0.20 (GBP)
Max Bet: £500 (GBP)
Top Win: 2000
Features: Wild Symbol, Respins, High volatility, 5 Reels
Themes:
Last Update: 29/06/2026
UK Available in UK? Yes. Red Tiger Gaming have a UKGC license and are allowed to offer their games at UK licensed casinos.

FAQs

What is the RTP of Midas Gold?

Like many modern slots, Midas Gold doesn’t always have the same RTP. It can depend on the hosting casino. When we played it, it was set at 96.22%, which is pretty good by anyone’s standard. You may want to check in case it’s lower when you play. As always, RTP remains a theoretical figure, not a certainty.

What is the variance of Midas Gold?

The other factor to consider with returns is the frequency of wins, known as variance or volatility. Like with RTP, it doesn’t matter as much when you’re playing free, no deposit slots, but even with virtual money you like to know your chances of winning. The variance of Midas Gold is high, meaning wins are less frequent, but possibly larger.

Does Midas Gold have any kind of bonus round?

There is a bonus feature in Midas Gold to add some extra excitement. It’s thematically appropriate as well, with King Midas himself turning some of your symbols to gold. Those golden symbols allow you to enter re-spins, where you get extra turns of the reels for free for as long as the golden symbols remain.

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