Searching for an honest Anvil & Ore review before you commit real money? You're in the right place. This is a Alchemy Gaming title, sitting firmly in the very high volatility bracket and paying back an RTP of 96.21%. The maximum win sits at 5,000x, so there's serious upside on the table. You get 5 reels and 25 paylines, all wrapped in polished, characterful visuals. Originally released in 2023, it has aged well. Here's how it stacks up.
Written by Sophie Williams · Last updated: February 2026
Anvil & Ore comes to us from Alchemy Gaming, given an engaging visual treatment and powered by 5 reels and 25 paylines. The result is very high variance paired with 96.21% RTP.
Where Anvil & Ore earns its keep is the feature set. Look out for scatter symbols that unlock free spins and extra bonus rounds. With very high variance, this one is aimed at players who can ride out the swings for the top wins. All told, it's a solid entry in the Alchemy Gaming catalogue.
The RTP of 96.21% is right around the industry average of ~96%. This represents a fair return that's in line with what most modern slots offer.
Very high volatility delivers the most extreme payout profile — long dry spells punctuated by potentially massive wins. Only recommended for experienced players with substantial bankrolls and high risk tolerance.
About 1 in 3 spins results in a win. This is a moderate hit frequency that balances win frequency with payout size.
Anvil & Ore 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
Anvil & Ore by Alchemy Gaming is a solid offering that delivers good entertainment value. The 96.21% RTP combined with very high volatility creates a well-balanced gaming experience.