Slot Demo

Phoenix Graveyard

Elk Studios video slot 2022

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Phoenix Graveyard at a glance

Phoenix Graveyard is a video slot by Elk Studios with a 95% RTP and High volatility. Its maximum win is 5,000x the stake.

Provider
Elk Studios
RTP
95%
Volatility
High
Max win
~5,000x
Paylines
243
Bonus feature
Free Spins
Released
2022

RTP shown as published; max win is our estimate where the provider hasn't disclosed an official figure.

Phoenix Graveyard is a video slot by Elk Studios with an RTP of 95%, 0.8 below the 95.8% industry average. 243 paylines.

Bonus toolkit: free spins, wild substitutions, and respins on full reels. Bets range from $0.2 to $100 per spin. High volatility produces longer dry spells and occasional bigger wins. Keep session sizes modest.

The free demo runs on virtual credits with no registration and no download. Use it to learn the paytable before wagering real money.

How Phoenix Graveyard works

Phoenix Graveyard is a 5-reel video slot with 243 paylines.

Free Spins are triggered by scatter symbols and are where most of the game's win potential sits.

Every mechanic above is available to test for free in the demo before you risk real money.

RTP in Context

Phoenix Graveyard 95%
Industry average 95.8%

Phoenix Graveyard runs slightly below the online slot average. Look for the same mechanic at a higher-RTP variant where possible.

Max Win Explained estimated

Elk Studios has not published an official max-win multiplier for Phoenix Graveyard. Our estimate based on the game's volatility and mechanics is around ~5,000x your stake. Actual hit frequency is very low on games with High volatility. Treat the figure as a ceiling, not a target.

$1 spin

$5,000

max possible

$10 spin

$50,000

max possible

$100 spin

$500,000

max possible

How to play Phoenix Graveyard responsibly

High volatility pays larger wins less often, so swings are steep. Only stake what you can comfortably lose, and use the free demo to understand the rhythm first.

Pros

  • + Free Spins bonus round with multipliers
  • + Free demo available, no deposit or registration needed

Cons

  • High volatility with steep bankroll swings

Phoenix Graveyard FAQ

What is the RTP of Phoenix Graveyard?

Phoenix Graveyard has an RTP (Return to Player) of 95%. That's 0.8 percentage points below the typical industry average of 95.8%.

What is the max win on Phoenix Graveyard?

Elk Studios has not published an official max-win multiplier for Phoenix Graveyard. Our estimate, based on volatility (High) and game mechanics, is around 5,000x stake. A $1 spin could hit roughly $5,000 at the top end. Check the in-game paytable for the provider's actual figure when available.

How volatile is Phoenix Graveyard?

Phoenix Graveyard is rated as High volatility. Wins arrive less often but tend to be larger. Keep session sizes modest.

Is Phoenix Graveyard available on mobile?

Yes. Phoenix Graveyard by Elk Studios runs as an HTML5 iframe that works on iOS, Android, tablet, and desktop browsers. No download or app install is required.

Can I play Phoenix Graveyard for free?

Yes. The free demo on this page runs on virtual credits. No registration, no deposit, no download. Use it to learn the paytable and bonus triggers before playing for real.

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