Our review of Trick or Treat Bonanza cuts through the marketing and looks at what matters: how it plays and how it pays. This is a Expanse Studios title, sitting firmly in the medium low variance bracket and paying back a return-to-player rate of 97.15%. If everything lines up, Trick or Treat Bonanza can pay up to 5,000x your bet. Originally released in 2025, it has aged well. It's wrapped in a halloween theme and plays out on a straightforward 6 reels layout. The full verdict is below.
Written by Alex Crawford · Last updated: January 2026
At its core, Trick or Treat Bonanza is a title produced by Expanse Studios, built around a halloween theme. It runs on a straightforward 6 reels layout with medium low volatility, and a published RTP of 97.15%.
Where Trick or Treat Bonanza earns its keep is the feature set. Look out for scatter symbols that unlock free spins and extra bonus rounds. The medium low volatility makes it forgiving on the bankroll, ideal for relaxed, longer sessions. Overall it's a well-rounded title that knows what it is.
At 97.15%, this slot offers an excellent return to player rate, well above the industry average of ~96%. This makes it one of the more generous slots available in terms of long-term payout potential.
Medium-low volatility offers a good balance of regular wins with occasional larger payouts. Expect frequent hits with modest amounts, suitable for casual players who want low-risk entertainment.
About 1 in 3 spins results in a win. This is a moderate hit frequency that balances win frequency with payout size.
Trick or Treat Bonanza 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
Trick or Treat Bonanza by Expanse Studios is a solid offering that delivers good entertainment value. The 97.15% RTP combined with medium low volatility creates a well-balanced gaming experience.