Our review of Revenge of Loki Megaways cuts through the marketing and looks at what matters: how it plays and how it pays. This is a Pragmatic Play slot, sitting firmly in the a medium high volatility profile bracket and paying back an RTP of 96.24%. Originally released in 2024, it has aged well. You get a Megaways layout with up to 117,649 ways to win, all given an engaging visual treatment. Top wins are capped at 10,000x your stake, a genuinely massive ceiling for the patient. The full verdict is below.
Written by Sophie Williams · Last updated: February 2026
Revenge of Loki Megaways is a slot from Pragmatic Play. Presentation-wise it's built with crisp artwork and atmosphere, and it leans toward a medium high volatility profile at a published RTP of 96.24%. Under the hood you'll find a dynamic Megaways engine that reshapes the grid each spin.
Where Revenge of Loki Megaways earns its keep is the feature set. The Megaways engine keeps the way-count shifting spin to spin, which keeps the base game lively. The medium high volatility strikes a middle ground that should suit most playing styles. All told, it's a solid entry in the Pragmatic Play catalogue.
The RTP of 96.24% 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.
Revenge of Loki Megaways 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.
This slot uses the popular Megaways engine, which means the number of symbols on each reel changes with every spin. This creates up to 117,649 ways to win on each spin, making every round unpredictable and exciting. The dynamic reel layout ensures no two spins feel the same.
3.2 / 5 — Good
Revenge of Loki Megaways by Pragmatic Play is a solid offering that delivers good entertainment value. The 96.24% RTP combined with medium high volatility creates a well-balanced gaming experience.