PG SoftPG Soft

    Alchemy Gold

    8.3/10
    Release October 2022· Updated August 2026

    PG Soft's 5x5 cluster pays release from October 2022: cascades that add +1 to the multiplier, gold symbols that turn into wilds, and a counter that never drops during free spins. Official RTP 96.78%.

    RTP
    96.78%
    Volatility
    Medium
    Max Win
    5 000x
    Grid
    5x5
    Bonus Buy
    No
    Cluster Pays 5x5 (5 à 25 symboles)Cascades avec multiplicateur +1 par retraitSymboles dorés transformés en wildFree Spins 10 tours : multiplicateur jamais réinitialiséFréquence de gain 25,77 %
    Alchemy Gold
    🎰

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    BetsRank Verdict

    Hands-on testing by Alexandre Dubois — bonus tested, multiple sessions

    Alchemy Gold does not try to be spectacular, and that is exactly what makes it playable. At a 25.77% hit rate, the grid produces something roughly one spin in four, which is enough to hold a session together without watching the balance collapse between bonuses. The medium volatility rating matches what you feel at the controls: the official figures give a Big Win (x20 to x35 the stake) every 285 spins, a Mega Win (x35 to x50) every 950, and a Super Mega Win (x50 and above) every 1,291. Honest cadences for a 96.78% game.

    Two serious reservations, though. The first is the ceiling. PG Soft advertises 5,000x, then publishes in the very same document a maximum exposure of 2,661x measured over one billion simulated spins. The marketing figure is therefore close to double what the simulation actually produced: at a €200 stake, that puts the observed peak around €532,000 rather than the million on the poster. Few studios publish this data at all and PG Soft deserves credit for it, but it reframes the headline claim severely.

    The second concerns bonus pacing. With a 0.48% trigger rate and nearly 29 points of RTP parked inside the feature, the base game mostly exists to pass the time, and there is no bonus buy to shorten the wait. On a cluster pays game from 2022, the absence stands out all the more because almost every competitor offers one.

    What remains is a clean, readable title, well calibrated for medium stakes and long sessions. Take it for the consistency, not for the jackpot.

    Strengths

    • +Hit rate of 25.77%, among the best in the PG Soft catalogue
    • +Multiplier never resets for the entire duration of the free spins
    • +RTP of 96.78% confirmed by the studio official spec sheet
    • +Readable cluster pays design with no unnecessary extra layers

    To consider

    • 5,000x advertised against 2,661x actually reached over a billion simulated spins
    • Bonus triggers on just 0.48% of spins, with no buy option to shorten the wait
    • Multiplier resets to x1 on every new base game spin
    • Modest ceiling next to the cluster pays titles released since

    Alchemy Gold in detail

    PG Soft builds most of its catalogue on ways-to-win and expanding grids. Alchemy Gold is the exception: released on 19 October 2022, it is a cluster pays game on a 5x5 grid, where a win forms as soon as five or more identical symbols touch each other, with no paylines and no reading direction. The studio's own spec sheet describes the engine as collapsing reels: 5 reels, 5 columns, base bet fixed at 10 credits.

    A spin plays out in three beats. Winning clusters pay, the symbols involved are removed, and new ones drop in to fill the gaps. Every removal pushes the multiplier up by one: x1 on the first, x2 on the second, x3 on the third, and so on for as long as the cascade keeps going. In the base game that counter resets to x1 on the next spin. PG Soft states this plainly in its documentation, and it is the real ceiling of base play: you need a long sequence inside one single spin for the multiplier to matter at all.

    Gold symbols are the second layer. Any symbol other than the wild and the scatter can land inside a gold frame. If it takes part in a paid cluster, it does not vanish with the rest: it turns into a wild for the remainder of the sequence. That is what revives cascades which looked dead, and therefore what drives the multiplier upward.

    The free spins need 3 scatters and award 10 spins. Each extra scatter adds 2 more spins, and the feature can be retriggered. The change of regime is sharp: the multiplier is set back to x1 only once, when the bonus starts. After that it stacks from cascade to cascade and, crucially, from spin to spin, all the way to the end. A bonus that opens with three dry spins stays mediocre; one that chains two big cascades early moves into a completely different bracket.

    PG Soft publishes an unusually precise breakdown here. Overall RTP of 96.78%, split into 67.97% from the base game and 28.81% from free spins: close to a third of the theoretical return is locked inside a feature that rarely fires. The overall hit rate is 25.77%, but only 0.48% for triggering the bonus, roughly one spin in two hundred. Volatility is rated medium by the studio, bets run from €0.20 to €200, the game is certified by Gaming Associates, and there is no bonus buy on the menu.

    What the mechanics actually do

    • Cluster pays on a 5x5 grid: five adjacent symbols minimum, up to twenty-five
    • Cascades keep chaining as long as a new winning cluster forms
    • Multiplier increased by +1 on every removal of non-winning symbols
    • Gold symbols turn into wilds after taking part in a paid cluster
    • Free spins: 10 rounds on 3 scatters, 2 extra rounds per additional scatter
    • Multiplier never reset from the first to the last spin of the bonus
    • RTP 96.78% split into 67.97% base game and 28.81% free spins
    • Hit rate 25.77%, bonus trigger rate 0.48% of spins

    Alchemy Gold frequently asked questions

    What is the RTP of Alchemy Gold?

    It is 96.

    78% according to the official PG Soft spec sheet updated in July 2025. The studio breaks it down: 67. 97% comes from the base game and 28. 81% from the free spins. In other words, close to thirty percent of the theoretical return depends on a feature that fires on fewer than one spin in two hundred.

    What is the maximum win?

    PG Soft shows 5,000x the stake as its advertised value, but also publishes a maximum exposure of 2,661x measured over one billion simulated spins.

    That second figure reflects the potential actually observed. At the €200 maximum bet, it means roughly €532,000 rather than the theoretical million.

    How do the free spins trigger?

    You need three scatter symbols anywhere on the grid, whether they land together or appear across one cascade sequence.

    The bonus then awards ten free spins, plus two extra spins for each additional scatter present at the trigger. The feature can be retriggered during the bonus itself.

    Does the multiplier reset between spins?

    In the base game, yes: it goes back to x1 on the first removal of every new spin.

    During free spins, no. It is set to x1 only once, when the bonus begins, then keeps climbing by one on every removal until the series ends. That is the structural difference between the two modes.

    What are the gold symbols for?

    Any symbol other than the wild and the scatter can land inside a gold frame.

    If it takes part in a winning cluster, it does not disappear on removal: it becomes a wild for the rest of the sequence. It is the main way to extend a cascade and therefore to push the multiplier higher.

    Does Alchemy Gold have a bonus buy?

    No.

    There is no feature purchase option on this title, neither in the official documentation nor in the game. The free spins can only be obtained by triggering them naturally with three scatters.

    What are the minimum and maximum bets?

    PG Soft lists a default minimum bet of €0.

    20 and a default maximum bet of €200. The setting combines a bet size (0. 02, 0. 2 or 2) with a level from 1 to 10, on a base bet of 10 credits. Some casinos apply lower caps depending on their local licence.

    Is the game highly volatile?

    PG Soft rates it medium, and the published cadences back that up: a Big Win roughly every 285 spins, a Mega Win every 950, a Super Mega Win every 1,291.

    This is a long-session profile rather than a spiky one.

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    Slot sheet last updated on · Sources: slotcatalog.com, official provider sites, BetsRank hands-on testing