If you're trying to work out whether The Wizard of Oz is worth your time, this hands-on review breaks it down. Built by Light & Wonder, it lands as a slot with a medium high volatility profile and a published RTP of 95.96%. It first went live in 2022 and still earns its place today. The maximum win sits at 5,000x, so there's serious upside on the table. It's wrapped in polished, characterful visuals and plays out on 5 reels and 20 paylines. So does it deliver? Let's get into it.
Written by Rachel Kim · Last updated: March 2026
The Wizard of Oz is a release from Light & Wonder, wrapped in polished, characterful visuals and powered by 5 reels and 20 paylines. The result is a medium high volatility profile paired with an RTP of 95.96%.
Dig into the bonuses and The Wizard of Oz starts to stand out. 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. All told, it's a solid entry in the Light & Wonder catalogue.
At 95.96%, the RTP is slightly below the industry average of ~96%. While this is typical for many popular slots, players should be aware of the slightly lower theoretical return.
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.
The Wizard of Oz 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
The Wizard of Oz by Light & Wonder is a solid offering that delivers good entertainment value. The 95.96% RTP combined with medium high volatility creates a well-balanced gaming experience.