Six reels, each showing between 2 and 7 symbols on every spin, make up the Megaways grid of Release the Kraken Megaways. The game is themed around Monsters, Ocean, Pirates and Treasure. Wins follow ways-to-win rather than fixed paylines: a symbol pays when it lands on adjacent reels, counted from left to right, and only two matching symbols are needed for a payout. The number of ways changes with every spin.
Twelve closed chests make up the Chest Pick Bonus. Landing 3 to 6 BONUS symbols opens that many chests. Each Free Spins round starts with 6 spins, and Wilds that hit then roam across the reels. The Ante Bet toggle raises the total bet multiplier from 20x to 25x for a higher chance at Free Spins. Buy Free Spins comes in two versions.
Six figures, one table
At Playamo the numbers come first, so every spin starts from the same known figures.
| What you see | Figure shown |
|---|---|
| Game provider | Pragmatic Play |
| RTP (return to player) | 96.40% / 96.51% / 96.52% / 96.53% |
| Volatility | High |
| Maximum win multiple | x10,000 |
| Maximum win at top bet | A$2,400,000 |
| Release date | 14/10/2024 |
Before Your Spin
Every payout below is in Australian dollars at the A$2 example bet, and each extra matching symbol pays more.
| Ocean icon | 3+ | 4+ | 5+ | 6+ |
|---|---|---|---|---|
 Shark | A$1 | A$2 | A$3 | A$7.50 |
 Pufferfish | A$0.75 | A$1 | A$2 | A$4 |
 Anglerfish | A$0.50 | A$0.75 | A$1.50 | A$3 |
 Eel | A$0.40 | A$0.50 | A$1 | A$2 |
 Jellyfish | A$0.30 | A$0.40 | A$0.75 | A$1 |
 A | A$0.20 | A$0.30 | A$0.50 | A$0.80 |
 K | A$0.20 | A$0.30 | A$0.50 | A$0.80 |
 Q | A$0.20 | A$0.30 | A$0.50 | A$0.80 |
 J | A$0.15 | A$0.25 | A$0.35 | A$0.60 |
 10 | A$0.15 | A$0.25 | A$0.35 | A$0.60 |
Before Free Spins Start
After this, you will know how each bonus round starts and runs before your first spin.
The base game runs on 6 reels, and each reel independently shows 2-7 symbols per spin. The live badge shows the exact ways, such as 6048. The theoretical maximum is 117649, with all six reels at height 7. Wins pay for matching symbols on adjacent reels, left to right.
Placing a betMegaways reels
The Ante Bet is an optional toggle in the side panel. It raises the total bet from 20x to 25x (x1.25) for a higher chance to trigger Free Spins naturally and more BONUS symbols on the reels. RTP with Ante ON is 96.53% against 96.40% normal.
Choosing the betHigher trigger chance
Landing 3 to 6 BONUS symbols opens the Chest Pick Bonus. The player opens one chest per BONUS symbol, from 12 closed chests. Each chest reveals extra free spins, extra Wilds, an extra multiplier, or a floor of 2000, 5000 or 10000 ways. Base award is always 6 starting free spins.
Base game spinsChest picks
Free Spins start after the chest picks resolve. Each Wild becomes a roaming Wild, moving to a random position each spin. Two roaming Wilds on one reel position add +1x to the running multiplier. A BONUS symbol on reel 6 adds 1 free spin and 1 chest pick.
Chest pick roundRunning multiplier
Release the Kraken Megaways
Playamo Casino shows the game as it plays, with each screen named by what it does.
100x the bet buys the guaranteed 3-symbol round and 150x buys the random one, so at A$10 top bet the price is in the table.
| Bonus route | Amount paid | RTP |
|---|---|---|
| 3 BONUS Symbols Guaranteed | x100 · A$1,000 | – |
| Random 4, 5 or 6 | x150 · A$1,500 | – |
A$100 staked is the base of every return figure below, so RTP shows the share of that amount paid back over a long run. The version running here is listed in the game rules.
| Setting name | RTP | Standard setting |
|---|---|---|
| Variant 1 | 96.53% | Excluded |
| Variant 2 | 96.52% | Excluded |
| Variant 3 | 96.51% | Excluded |
| Variant 4 | 96.40% | Included |
At the bet panel
Playamo Casino lays out each round step by step, so the rules are known before the first bet.
Before the first spin, the player picks a bet between A$0.20 and A$240. Every spin is charged at that stake until the player changes it.
Each reel shows 2 to 7 symbols per spin, so the ways change every spin. A win pays for matching symbols on adjacent reels, read left to right.
Wild, Walking Wild, Mystery Symbol, Respin and Progressive Multiplier are the features this slot lists beside the Megaways reels.
Three to six BONUS symbols anywhere open the Chest Pick Bonus. The player opens as many of 12 closed chests as symbols hit, and each chest reveals a reward.
Set the limit before the first spin. How often the bonus comes and how a session ends cannot be known in advance, so the limit is the only fixed point.
Three to six BONUS symbols open the Chest Pick Bonus, but how often that happens is not known in advance. The result of one session is random, whatever the RTP. A 96.40 RTP describes the return over a very long run of spins, so it says little about the next session. Set a budget for each session before the first spin.
Four RTP versions, from 96.40 to 96.53, exist for this slot, and only the game rules state which one is running. The lowest and highest differ by 0.13 percentage points, so the version changes the long-run return only slightly.
x10,000 is the maximum win, a multiple of the bet, which comes to A$2,400,000 at the top bet of A$240. This ceiling is reached very rarely, so it marks the upper edge of the game, not what a session will pay. Read it as a limit on the payout, not as an expectation.
Mode guide
Most players worry about staking real money before they understand how the reels pay.
A$0.20 is the lowest stake. The demo needs no money and pays nothing in cash; the real game needs a Playamo Casino account and the legal age, 18+.
Start playingKnow your return rate
At Playamo Casino we show the RTP, the limits and the rules before you spin.
10,000 times the bet is the top prize on Release the Kraken Megaways. At the highest bet of A$240, that comes to A$2,400,000. The prize is a fixed multiple of the stake, so a smaller bet gives a smaller maximum.
96.40% is the base game RTP on Release the Kraken Megaways. Turning on the Ante Bet raises it to 96.53%, and the two buy variants return 96.51% and 96.52%. RTP is an average over many rounds, so it does not predict a single session.
100 times the bet buys Free Spins with 3 BONUS symbols guaranteed, and 150 times the bet buys 4, 5 or 6 BONUS symbols at random. Both can be bought, and at a bet of A$10 they cost A$1,000 and A$1,500.
3 to 6 BONUS symbols anywhere on the reels open a Chest Pick Bonus. The number of symbols sets how many of the 12 closed chests you open, and each chest reveals one reward category. The base award is always 6 starting free spins.
Same provider
Wondering whether another Pragmatic Play slot plays out the same way?
Players must be 18+. In Australia, call the National Gambling Helpline on 1800 858 858 or register with BetStop for self-exclusion.
Set the amount you can afford to lose before you open Release the Kraken Megaways, and stop when it is spent.
Choose your stopping point before the session starts, and keep to it after a win as well as after a loss.
Set deposit and loss limits in your account before you start, and review them when your balance changes.
If the game stops being fun, take a break, and if it keeps pulling you back, register with BetStop to self-exclude.
Senior editor with a background in payments compliance
Every bonus term and wagering explanation on this site passes my desk, and I check each one against the offer in the cashier. The Australian responsible gaming section is mine.
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