Thinking about giving Elephant Treasure a spin? We tested it thoroughly so you know what to expect. Built by Max Win Gaming, it lands as a title with medium high variance and 96.03% RTP. It's wrapped in an adventure and treasure theme and plays out on 5 reels and 20 paylines. The maximum win sits at 30,000x, so there's serious upside on the table. Dating back to 2018, it remains a regular pick. So does it deliver? Let's get into it.
Written by Rachel Kim · Last updated: March 2026
At its core, Elephant Treasure is a release produced by Max Win Gaming, wrapped in an adventure and treasure theme and powered by 5 reels and 20 paylines. The result is a medium high volatility profile paired with a published RTP of 96.03%.
Where Elephant Treasure earns its keep is the feature set. Look out for scatter symbols that unlock free spins and extra bonus rounds. The medium high volatility strikes a middle ground that should suit most playing styles. Overall it's a well-rounded release that knows what it is.
The RTP of 96.03% is right around the industry average of ~96%. This represents a fair return that's in line with what most modern slots offer.
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.
Elephant Treasure 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
Elephant Treasure by Max Win Gaming is a solid offering that delivers good entertainment value. The 96.03% RTP combined with medium high volatility creates a well-balanced gaming experience.