Ring of Odin Review
Play'n Go built Ring of Odin around a single mythological concept — the Draupnir ring that multiplies itself every ninth night — and then engineered the entire feature set to reflect it. Released in April 2020, the slot runs on a 5x3 grid with 20 paylines and a 5,000x max win ceiling. High volatility and a 94.2% RTP make this a game that demands patience; the base game can run dry for extended stretches before the ring mechanic fires. What separates Ring of Odin from Play'n Go's broader Norse catalog is the Odin's Ring feature itself — a random-trigger mechanic that captures a symbol, converts the three middle reels into nine ring positions, and then branches into either the Draupnir Respins or the multiplier free spins depending on what lands. Both paths can reach that 5,000x cap, but they get there very differently. Bets run from $0.10 to $100 per spin, making the range accessible without being unusually wide for the studio.

RTP, Volatility, and Max Win: The Numbers You Need
The 94.2% RTP is the first number that should give any player pause. Play'n Go's portfolio average sits closer to 96%, and titles like Reactoonz 2 and Legacy of Dead both publish at 96.5% or higher. A 94.2% return is not disqualifying, but it represents a meaningful long-run edge for the house that compounds over extended sessions — particularly relevant given the high volatility here.
Volatility is rated 7 out of 10 on Play'n Go's internal scale, which puts Ring of Odin in the upper-mid tier rather than the extreme end. That distinction matters: the game is not as punishing as some of the studio's most brutal releases, but the hit pattern is still irregular enough that underfunded sessions will feel the variance sharply. With 20 fixed paylines on a 5x3 grid, hit frequency data isn't published, so bankroll planning should assume wide dry spells between meaningful wins.
The 5,000x max win is respectable for a 2020 release but sits below where the market has moved since. For context, Play'n Go's own Tombstone R.I.P. (released 2021) pushes to 10,000x, and Hacksaw Gaming titles from the same era regularly exceed 10,000x. Ring of Odin's ceiling is reachable through either of its two bonus paths, which at least means there are multiple routes to the top — the cap is shared, not pathway-specific.

How Ring of Odin Plays: The Core Mechanic
The base game runs on a straightforward 5-reel, 3-row, 20-payline structure. Symbol hierarchy is built around Norse mythology: the Odin wild pays 30x for five on a payline, matching the top regular symbol (Gungnir, Odin's sword, also at 30x for five). Below that sit Sleipnir the eight-legged horse at 20x, the ravens Huginn and Muninn at 15x, the wolves Geri and Freki at 10x, and rune stone low-pays at 5x or 2.5x for five of a kind. Wilds substitute for all non-scatter symbols.
The Odin's Ring feature is the game's defining mechanic and triggers randomly during the base game. A large ring appears over the reels and locks onto one symbol — the chosen symbol. This immediately awards a single respin. During that respin, the ring replicates into nine copies arranged in a 3x3 block covering the three middle reels. If at least one chosen symbol lands within those nine ring positions, the Draupnir Respins sequence begins. If the respin produces no chosen symbols inside the rings, the feature ends there.
The random-trigger nature of Odin's Ring means the base game between activations can feel repetitive. There is no guaranteed path to the bonus — no scatter count to chase, no build-up meter. Players who prefer knowing exactly what they're working toward may find the unpredictability frustrating, though it does mean the feature can fire at any moment, including on low-bet spins.
Bonus Features: Draupnir Respins and Free Spins
Once the Draupnir Respins trigger, the logic is straightforward: each chosen symbol that landed inside the nine ring positions awards one additional respin. Those respins play out with the chosen symbol sticky, and any further chosen symbols that land during respins extend the sequence. The 3x3 ring block covering the middle three reels creates a meaningful landing zone — nine positions out of fifteen total reels positions — which gives the feature reasonable continuation potential without being trivial to extend.
The second bonus path is the multiplier free spins round, which is the higher-ceiling of the two features. Free spins are awarded via scatter symbols, and multipliers accumulate during the round. This is the primary route to the larger wins within Ring of Odin's 5,000x cap. The multiplier mechanic means individual spin values can escalate significantly as the round progresses, particularly if early spins land contributing symbols before the multiplier grows.
The two-feature structure gives Ring of Odin more variance in its bonus outcomes than a single-path game. A Draupnir Respins session and a free spins session will feel completely different in pacing and win distribution. That said, both are capped at the same 5,000x ceiling, so the free spins round's multiplier doesn't open up unlimited upside — it just provides a different delivery mechanism for the same maximum.
Spindex Live Data: 292 Tracked Bets in 30 Days
Spindex has tracked 292 bets on Ring of Odin across five crypto-casino sources over the past 30 days. That volume places it in the mid-activity tier for Play'n Go titles on our network — active enough to generate meaningful data, but well below the tracking volumes we see on perennial Play'n Go staples like Book of Dead or Fire Joker. The slot maintains a consistent audience rather than spiking with new-player traffic.
The top recent hit recorded in our data is 269x. That figure is notable for what it tells you about the realistic session ceiling: 269x from a tracked pool of 292 bets suggests the feature is triggering and producing wins, but the 5,000x theoretical maximum is a long way from what's appearing in live play on our network. A 269x top hit on a 5,000x game implies either the high-end multiplier free spins round hasn't fired at full potential in this sample, or the sample size is too small to capture rare outlier outcomes — likely both.
For players using Spindex to time their sessions, the trend signal on Ring of Odin is stable rather than surging. This is not a slot currently showing the kind of activity spike that sometimes precedes documented big-win clusters. It's a consistent mid-volume title that rewards patience rather than chasing momentum.
Paytable and Symbol Values
Ring of Odin's paytable is top-heavy in a way that's typical for high-volatility Play'n Go releases. The Odin wild and Gungnir sword both pay 30x for a five-of-a-kind on a payline, which at max bet ($100) translates to $3,000 from a single base-game line hit — meaningful, but those hits are rare. The mid-tier symbols (Sleipnir at 20x, the ravens at 15x, the wolves at 10x) create a reasonable spread between the top and the low-pays.
Rune stone low-pay symbols at 5x and 2.5x for five of a kind are functional rather than generous. On a 20-payline game, these will constitute the majority of winning spins, and at minimum bet ($0.10) a full five-of-a-kind rune hit returns $0.25 — the kind of return that keeps a spin count ticking without materially affecting a session balance. The low-pay structure is standard for the volatility class; this is not a game designed to sustain you through base-game hits.
The wild (Odin himself) substitutes for all non-scatter symbols and pays at the same 30x rate as the top regular symbol, making it genuinely valuable when it appears in winning combinations rather than just a substitution utility.
Who Should Play Ring of Odin
Ring of Odin is best suited to high-volatility players who are comfortable with extended base-game variance and have the bankroll to absorb it. The random-trigger mechanic means there's no way to pace your session around a predictable bonus interval — you're waiting for Odin's Ring to fire, and it does so on its own schedule. Players who need frequent feedback or prefer accumulating bonus triggers through visible progress meters will find this structure unrewarding.
The 94.2% RTP is the most significant filter. Recreational players who aren't tracking their long-run return may not notice the difference between 94.2% and 96%, but anyone playing with volume — regular sessions, higher bet sizes, or bonus-hunting across multiple sites — will feel the house edge over time. If RTP is a priority, Play'n Go's own catalog has better-returning options.
For Norse mythology enthusiasts, Ring of Odin covers the thematic ground thoroughly — Odin, his sword Gungnir, Sleipnir, the ravens, the wolves, and the Draupnir ring itself are all present. The theme is Scandinavian gods and mythology. That thematic specificity is one of the game's genuine strengths; the symbol set is coherent and the mechanic maps directly to the mythology rather than being a surface-level skin.
Final Verdict
Ring of Odin is a mechanically inventive high-volatility slot that earns its reputation on the strength of the Odin's Ring feature. The concept of a symbol-capturing ring that replicates itself into a 3x3 block is genuinely original for its 2020 release date, and the two-path bonus structure (respins or multiplier free spins) gives the game more replay variation than most single-feature competitors.
The case against it is straightforward: 94.2% RTP is the weakest number in the spec sheet. Play'n Go's Annihilator, released the same year, publishes at 96.2% — a two-point gap that matters at any serious volume. Ring of Odin's 5,000x max win is also middle-of-the-road by current standards, though it was more competitive at launch. The base game pacing between Odin's Ring triggers can drag, particularly during cold streaks.
Spindex's 30-day data shows a stable, mid-volume player base with a top recent hit of 269x — a useful reality check against the 5,000x theoretical ceiling. This is a game for patient, bankroll-aware players who want a coherent Norse mythology slot with a distinctive core mechanic. It is not the highest-returning or highest-ceiling option in the Play'n Go library, and those two facts should be front of mind before committing real money.
- +Original Odin's Ring mechanic maps directly to Norse mythology (Draupnir legend)
- +Two distinct bonus paths (Draupnir Respins and multiplier free spins) with different session feels
- +5,000x max win reachable through either bonus route
- +Wide bet range ($0.10–$100) suits most bankroll sizes
- +Volatility rated 7/10 on Play'n Go's own scale — high but not extreme
- -94.2% RTP is below Play'n Go's portfolio average and below most comparable high-volatility slots
- -Random-trigger bonus mechanic offers no pacing control — cold base games can be prolonged
- -5,000x max win ceiling is modest by post-2021 market standards
- -Hit frequency data not published, making bankroll planning imprecise
- -Spindex top recent hit of 269x suggests the theoretical ceiling is rarely approached in live play
Best for
Ring of Odin is a mechanically coherent high-volatility slot with a genuinely original ring-duplication concept at its core. The 94.2% RTP sits below Play'n Go's typical published rates, which is the most significant caveat for serious players. If the Odin's Ring feature fires regularly enough for your session bankroll, the 5,000x ceiling is achievable — but the base game between triggers can be slow going.











