Thinking about giving Ivanhoe a spin? We tested it thoroughly so you know what to expect. Developed by Elk Studios, Ivanhoe arrives with high volatility and 96.3% RTP. Wins land at roughly a 30.09% hit rate, shaping how the sessions feel. Top wins are capped at 300,000x your stake, a genuinely massive ceiling for the patient. Visually it's given an engaging visual treatment, with the action running on 5 paylines across 3 reels. But is it actually worth playing? Read on.
Written by Daniel Chen · Last updated: March 2026
Ivanhoe is a release from Elk Studios, built with crisp artwork and atmosphere and powered by a 3-reel grid running 5 paylines. The result is high variance paired with a published RTP of 96.3%.
The mechanics are what make Ivanhoe interesting. Look out for scatter symbols that unlock free spins and extra bonus rounds. With high variance, this one is aimed at players who can ride out the swings for the top wins. Overall it's a well-rounded release that knows what it is.
The RTP of 96.3% is right around the industry average of ~96%. This represents a fair return that's in line with what most modern slots offer.
High volatility means longer gaps between wins, but when wins do land, they can be significantly larger. A bigger bankroll and patience are recommended for this type of slot.
About 1 in 3 spins results in a win. This is a moderate hit frequency that balances win frequency with payout size.
Ivanhoe 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.
3.1 / 5 — Good
Ivanhoe by Elk Studios is a solid offering that delivers good entertainment value. The 96.3% RTP combined with high volatility creates a well-balanced gaming experience.