Enchanted Waters

Provider:   Yggdrasil
RTP:  96%
Variance:  High
Max Win:   x25000.00
Betways:  1024
Release Date:  2023.08.16

Yggdrasil is hardly known for archaic-looking games, and Enchanted Waters slot looks like something one of their partner studios have created to be honest. Do not let the somewhat mediocre visual presentation fool you, however, as this game will take you by surprise if you give it a chance. At least that was our experience after the initial disappointment, as 4 the mermaids you get to meet in Enchanted Waters provide plenty of modifier action.

The 5×4 grid is filled with colorful sea creatures, and waterfalls cascade down into the ocean in the backdrop. Mermaid symbols appear to trigger modifier respins, and you get at least one mermaid modifier per spin the bonus round. Up to all 4 mermaids can be activated during the feature, which means all 4 modifiers take turns playing out per free spin. The max win is a solid 25,000x your stake, and there are also some interesting bonus buy options for eligible players.

Developer Name – Slot Developer

Yggdrasil’s initial claim to fame came through their still on-going Viking’s Go Wild series, and they are known and respected as an innovative and prolific developer. They have won numerous awards, such as innovator and slot provider of the year, and they also have a partner studio program called YGS Masters.

Enchanted Waters RTP, Volatility, And Max Win

The top-tier Enchanted Waters RTP of 96 % is about as average as it gets. However, operators can adjust the RTP down via different settings due to customizable RTP ranges. The volatility is “Super High” according to the datasheet, so you can definitely expect fluctuations on your bankroll in longer sessions. The max win of 25,000x is well above average, and the max exposure is £1,000,000.

Enchanted Waters Rules And Gameplay

You win by landing matching symbols on 3, 4, or 5 adjacent reels starting from the leftmost reel, regardless of which row they appear on. If more than one instance of the winning symbol appears per reel, a multiplier system kicks in.

For example, if you land 2 instances of the top-tier Red Fish symbol on reels 1 to 3, it’s a 3 of a kind win with 2x2x2 = an x8 multiplier. This amounts to a 0.5 x 8 win, which equals a 4x your stake win (according to the Enchanted Waters Paytable below).

Symbols And Paytable

Symbols Bet Multiplier Values
Red Fish 3, 4, or 5 = 0.5x, 1x, or 3x
Yellow Octopus 3, 4, or 5 = 0.4x, 0.7x, or 2.5x
Green Blowfish 3, 4, or 5 = 0.3x, 0.6x, or 2x
Blue Jellyfish 3, 4, or 5 = 0.2x, 0.5x, or 1.5x
Purple Crab 3, 4, or 5 = 0.2x, 0.5x, or 1.5x
Hearts 3, 4, or 5 = 0.1x, 0.4x, or 1x
Spades 3, 4, or 5 = 0.1x, 0.4x, or 1x
Clubs 3, 4, or 5 = 0.1x, 0.3x, or 0.8x
Diamonds 3, 4, or 5 = 0.1x, 0.3x, or 0.8x
Starfish Wild (reels 2, 3, and 4) Substitutes for pay symbols (no value)
4 unique Mermaid Scatters Triggers a unique modifier per symbol
Free Spins Symbol Triggers the FS round (no value)
+1 Symbol (reel 5 only) Awards +1 Respin or FS

Enchanted Waters Bonuses And Special Features

The Mermaid Features are central to the gameplay in all stages of Enchanted Waters slot, and we’ll take a look at what these seductive creatures can do below.

Golden Bet

This feature may not be available in all jurisdictions, but eligible players can turn on the Golden Bet between any base game spin. It will cost you 15x more per spin to keep it on, but this guarantees at least 1 mermaid symbol per spin. In practice, this gives you a mermaid modifier respin per spin, so you’re getting at least 2 spins per Golden Bet round. In our experience, getting more than 1 mermaid per Golden Bet round happened quite frequently as well.

Mermaid Respins Feature

There are 4 different Mermaid symbols, and they appear on reel 5 only. You can land all 4 mermaids at the same time on reel 5 if you’re lucky, and at least 1 is required to trigger the Mermaid Respin Feature. The respin comes with the unique modifier from the triggering mermaid, or mermaids, and they works as follows:

  • The Blue Multiplier Mermaid – boosts your winnings by a random multiplier of x2, x3, x5, x10, or x25.
  • The Green Avalanche Mermaid – activates the Avalanche feature for the respin. This removes and replaces winning symbols as long as you keep landing new wins.
  • The Red No-Low Mermaid – removes all low-value symbols, so that only premium symbols and special symbols can appear on the respin.
  • The Orange Expanding Wild Mermaid – makes sure that all wild symbols that appear will expand to cover the full reel.

A special +1 symbol can appear on reel 5 during the Respin feature, as well as in the bonus round, and it awards +1 extra spin either way.

Enchanted Waters Free Spins

You need 3+ free spins symbols in view to trigger the Enchanted Waters Bonus Round, and mermaid symbols count as free spins scatters when part of the triggering spin. All mermaid symbols that were part of the bonus round trigger award their respective modifier per spin for the duration of the free spins round. Landing new mermaids in the bonus round activates their modifier for the duration of the feature as well.

Bonus Buy (not UK)

The Bonus Buy menu comes with 2 options, and keep in mind that the standard bonus buy bet level may differ from the bet level you play with. Eligible players can purchase 10 free spins with a random mermaid for 200x the stake, or 10 free spins with all 4 mermaid modifiers active for 1,000x the stake.

The 200 Spins Enchanted Waters Online Slot Experience

You get a decent taste of the base game, without anything too spectacular happening, before we purchase and trigger the top-tier bonus round at 0:38 into the 3:10-minute highlights video. The feature plays out for the remainder of the video, and you can see for yourself how we fared with all 4 mermaid modifiers active by hitting the play button below.

Review Summary And Verdict

Visually, we have definitely seen better games from Yggdrasil, and Enchanted Waters online slot didn’t really make the first best impression in that regard. This is a prime example of why judging a book by its cover is not always a good idea, however, as there is a pretty solid game buried underneath the somewhat mediocre appearance. The mermaids are charming enough, don’t get us wrong, and they come with pretty useful modifiers as well. It’s fun combining the different mermaid modifiers for the Respin feature, but not all of the features perform all that well on their own. The key is in the combinations, which do happen on a regular basis, and not least if you can afford the Golden Bet option. Getting all 4 in the bonus round is your best chance at closing in on the solid 25,000x potential, but don’t expect that to happen too frequently. Still, even getting only 1 or 2 modifiers for starters can do damage, and players who can stomach the extreme volatility should definitely give this one a whirl.


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