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Bonanza Slot Review – RTP 96% & Free Demo

Bonanza Slot has been one of my personal favourites for many years and many punters in UK casinos have a fondness for it too.

Lucie Turner
Lucie Turner

Last updated: 2025-08-20

Chad Nagel

5 minutes read

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Bonanza

Bonanza

This guide will outline how to play Bonanza Slot step by step, give a few of my best Bonanza Slot tips and strategies, as well as cover the available bonuses, free spins, RTP and jackpots. Whether you are new to the mass population of online slot players or are a seasoned player, this review will provide you with the know-how to maximise the value of every single spin.

What is Bonanza Slot?

The Bonanza Slot is a mining-themed video slot from Big Time Gaming and has the original Megaways reel setup that gives you thousands of ways to win. Included in the gameplay are some awesome features like cascading reels, unlimited multipliers, Bonanza Slot free spins, and a set jackpot. The RTP is 96% with high volatility, so if you love the hunt for big wins, this game is for you. It’s fully licensed by the UK Gambling Commission so you know it is fair and secure.

Bonanza Slot

Bonanza Slot

Key Features and Technical Specs

AspectDetails
Game TypeMegaways Video Slot
DeveloperBig Time Gaming
Release DateDecember 2016
PlatformsDesktop / Mobile / Tablet
RTP96%
VolatilityHigh
Minimum Bet£0.20
Maximum Bet£20
Max Payout12,000x stake
Hit FrequencyMedium
Free Spins12+ (with retriggers)
FeaturesCascading Reels / Wilds / Multipliers / Free Demo / Free Spins
Jackpot TypeFixed
Licensing AuthorityUK Gambling Commission
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How to Play Bonanza Slot (Gameplay Instructions)

  1. 1

    First, set your stake using the arrows under “Stake” - bets range from £0.20 up to £20 per spin.

  2. 2

    You don’t need to worry about paylines here; Bonanza has thousands of ways to win thanks to the Megaways mechanic.

  3. 3

    Learn the symbols: the Violet Diamond pays the highest, while the other gems and card symbols pay less.

  4. 4

    You can spin manually by clicking the green Spin button or let it run automatically using Autoplay.

  5. 5

    To trigger the bonus round, land the letters G, O, L, and D on the reels to unlock the free spins.

  6. 6

    Don’t forget to check the paytable to understand payouts and bonus triggers better.

    How to Play Bonanza Slot

    How to Play Bonanza Slot 

Tips & Strategies for Bonanza Slot: How to Maximise Winnings

Tips & Strategies for Bonanza Slot: How to Maximise Winnings

  1. Bankroll Management: I always recommend setting a budget in GBP before you start. Because Bonanza has high volatility, keeping your bets modest helps you last longer during losing streaks.

  2. Understand Volatility: Big wins might not come every spin, but when they do, they’re worth it. Patience is key - I know it can be tough, but it pays off

  3. Use Bonuses Wisely: Look out for UK casinos offering a Bonanza Slot slot bonus or free spins. These can extend your playtime and improve your chances without spending more money.

  4. Know the Paytable: Familiarise yourself with the highest-paying symbols, especially the Violet Diamond, so you can spot big wins when they hit.

  5. Practice First: I highly suggest using the Bonanza Slot demo. It lets you try out the reaction feature and get comfortable with the gameplay before betting real money.

    Tips & Strategies for Bonanza Slot

    Tips & Strategies for Bonanza Slot

    Did You Know?
    The reaction feature means a single winning combination can trigger multiple payouts without an extra spin — that’s where the excitement really builds.

Bonanza Slot Bonuses

If you look for Bonanza Slot bonuses, it won't take long to find them at casinos in the UK. Most of them will be welcome bonuses, bonus reloads, and perhaps no-deposit free spins. The best bonuses will come with fair wagering requirements, as you want to keep as much of your winnings as possible. If you want to play on the move, make sure your bonus will apply to Bonanza Slot mobile slots too.

Bonanza Slot Bonuses

Bonanza Slot Bonuses

Demo Mode vs Real Money Mode: Why Practice Matters

The Bonanza Slot demo mode is an awesome way to experience the game’s symbols, cascading reels and its bonus features without taking any risks. I used the demo mode to learn how to play and win Bonanza Slot before I would bet my own GBP. It's fantastic to use the demo to build confidence without risking a single penny.

Demo Mode vs Real Money Mode bonanza

Demo Mode vs Real Money Mode bonanza

Final Thoughts and Suggestions

When it comes to The Bonanza Slot, it is a fun game that provides players with thousands of win ways, cascading reels, and an unlimited number of multipliers. I recommend trying the demo, using those bonuses, and be mindful in playing, so you maximise the enjoyment. Good luck digging up those big wins!

Pros

  • Huge 117,649 ways to win

     

  • Unlimited multipliers for bigger payouts

  • Engaging free spins feature with retriggers

  • Cons

  • High volatility means fewer small wins — patience required

  • You can also try other similar slot games:

    If you enjoy Bonanza Slot, you might also like:

    1. Sweet Bonanza slot: A vibrant and sugary treat, Sweet Bonanza offers cascading wins and exciting multipliers that keep the gameplay fresh and rewarding.

    2. Rainbow Riches slot: A classic UK favourite, Rainbow Riches charms players with its Irish-themed bonuses and straightforward, fun mechanics.

    3. Starburst slot: Known for its simplicity and dazzling visuals, Starburst remains a timeless choice for players seeking fast-paced, colourful slot action.

    FAQs

    What is the RTP of Bonanza Slot?

    Bonanza Slot has an RTP of 96%, which is competitive for UK players.

    How much can I win playing Bonanza slot?

    You can win up to 12,000x your stake on a single spin.

    What are the minimum and maximum bets for Bonanza Slot?

    You can bet from £0.20 up to £20 per spin.

    Are there free spins available for Bonanza slot?

    Yes. Land the letters G, O, L, and D to trigger 12 free spins, with chances to retrigger more.

    Can I play Bonanza Slot for free before betting real GBP?

    Absolutely! The Bonanza Slot demo is available at most UK-licensed casinos.

    Lucie Turner
    Lucie TurnerSports Betting Writer

    Lucie is a content specialist with extensive expertise in the iGaming and Sports betting industries. With a strong background in PR and Marketing Communications, she excels at crafting engaging casino and slot reviews that resonate with players.