Our review of Alchemy Riches cuts through the marketing and looks at what matters: how it plays and how it pays. Developed by MGA, Alchemy Riches arrives with medium high volatility and an RTP of 93.43%. If everything lines up, Alchemy Riches can pay up to 5,000x your bet. Dating back to 2024, it remains a regular pick. You get 25 paylines across 5 reels, all dressed up with a magic theme. Let's break down what works and what doesn't.
Written by Alex Crawford · Last updated: January 2026
At its core, Alchemy Riches is a title produced by MGA. Presentation-wise it's wrapped in a magic theme, and it leans toward a medium high-variance maths model at an RTP of 93.43%. Under the hood you'll find 25 paylines across 5 reels.
Dig into the bonuses and Alchemy Riches starts to stand out. Look out for scatter symbols that unlock free spins and extra bonus rounds. Its medium high variance balances steady wins with the odd larger payout. All told, it's a solid entry in the MGA catalogue.
The RTP of 93.43% is below the industry average of ~96%. This is common for older slots or those with special features. The lower RTP may be offset by unique mechanics or higher maximum win potential.
Medium-high volatility means wins come less frequently but tend to be larger when they hit. Players should be prepared for dry spells between bigger wins, requiring a moderate bankroll.
About 1 in 3 spins results in a win. This is a moderate hit frequency that balances win frequency with payout size.
Alchemy Riches features scatter symbols that can trigger free spins rounds. Landing the required number of scatter symbols anywhere on the reels activates the free spins feature, giving you extra chances to win without additional bets. During free spins, special modifiers may apply to boost your winning potential.
3.0 / 5 — Good
Alchemy Riches by MGA is a solid offering that delivers good entertainment value. The 93.43% RTP combined with medium high volatility creates a well-balanced gaming experience.