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NetEnt · Slot Review

Mermaids — Full Review & Free Demo

3.1/5
Play for Real →
RTP
96.09%
Volatility
High
Max Win
1,974x
Provider
Reels
5
Paylines
20
Bet Range ($,€,£)
0.10 - 40
Rating
3.1/5
Released
Jul 2024

Mermaids Slot Overview

Mermaids from NetEnt is a 5x3 video slot built around coloured Progress Wilds and three linked bonus rounds. What stands out here is the design choice to tie nearly all of the action to collection meters above the reels, rather than to a traditional scatter system. I find the underwater setting polished and easy on the eye, though the game feels lighter than its high-volatility label suggests.

Facts are a little messy across review sources, but the clearest picture is a slot with 20 fixed paylines, high volatility, a default RTP around 96.09%, and a top win just under 2000x. Compared to the studio's previous work, the setup is fairly straightforward. The hook is not complexity, it is patience, because the strongest bonus takes the longest to reach.

Game Symbols

Eight regular pay symbols sit on the reels, split between royals from 10 to A and four mermaid characters. Five matching royals pay from 3x to 20x the bet, while five mermaids pay from 30x to 100x. Two of the premium mermaids also pay from two of a kind, which is a useful touch in a game that can otherwise feel sparse between features.

Four wild symbols are in play. Three are coloured Progress Wilds, purple, green, and white, and each one fills its matching Progress Globe when it lands. The fourth is a regular wild that appears through Random Wilds. All wilds substitute for regular symbols, and five wilds pay 100x the bet. The absence of a traditional scatter is a notable design choice.

Symbol Payouts

icon 1
Blonde Mermaid
Top-paying symbol that also pays from two of a kind.
5x100
4x20
3x2.5
2x0.5
icon 2
Red Mermaid
High-paying mermaid symbol that also pays from two of a kind.
5x60
4x10
3x2
2x0.2
icon 3
Purple Mermaid
Medium-paying mermaid symbol.
5x40
4x7
3x1.5
icon 4
Turquoise Mermaid
Lowest-paying mermaid symbol.
5x30
4x5
3x1
icon 5
A
Highest-paying royal symbol.
5x20
4x3
3x0.6
icon 6
K
Low-paying royal symbol.
5x15
4x2
3x0.4
icon 7
Q
Low-paying royal symbol.
5x10
4x1.5
3x0.3
icon 8
5x5
4x2
3x0.2
icon 9
10
Lowest-paying royal symbol.
5x3
4x0.5
3x0.1
icon 10
Wild

Mermaids Bonuses And Special Features

Three Progress Globes drive the entire feature set. Each starts with 10 collected points, then fills as matching Progress Wilds land. Purple reaches the Picker Bonus at 15, green reaches Wild Spins at 30, and white reaches Mermaid Spins at 60. I like the clarity of this structure, but the base game can drag a bit while you wait for the white globe to build.

15 shells appear in the Picker Bonus, and I get 3 picks. Rewards include cash prizes from 2x to 50x the bet, plus direct entry into Wild Spins or Mermaid Spins. If a free-spin feature lands here, it triggers without resetting its own globe. That rule matters, because it keeps long-term progress intact.

10 free spins are awarded in both free-spin modes. Wild Spins uses Random Wilds to place 2 to 6 regular wilds on every spin. Mermaid Spins does the same, but removes all royal symbols from the reels for the duration. That is the best-paying state in the game, and the one most players will want, though it can take time to arrive naturally.

Bonus Buy Options

Bonus Buy Picker Bonus
Picker Bonus
Collect 15 purple progress globes to receive 3 picks from 15 hidden items. Rewards include 2x to 50x bet prizes, Wild Spins, or Mermaid Spins.
Bonus Buy Wild Spins
Wild Spins
Collect 30 green progress globes to trigger 10 free spins with Random Wilds. Each free spin adds 2 to 6 regular wilds to the reels.
Bonus Buy Mermaid Spins
Mermaid Spins
Collect 60 white progress globes to trigger 10 free spins with Random Wilds. Royal symbols are removed for the whole feature and 2 to 6 wilds appear on each spin.

Mermaids RTP, Volatility, And Max Win

96.09% is the main RTP figure attached to Mermaids, with some reviews also mentioning lower operator settings around 94.15% or 94.10%. Volatility is high, and the hit frequency has been listed at 25%. Betting usually runs from 0.20 to 40, which keeps the game accessible, but not everyone will enjoy a high-volatility slot with such a restrained ceiling.

1974.3x the bet is the widely cited maximum win, while one official listing puts the cap at 2007xBet. Either way, the gap is small and the broader point remains the same. For a high-volatility release with two free-spin modes, the maximum payout is modest. That limits its appeal if I am specifically chasing big-end potential.

💬 What Players Say
Reviews consistently praise the underwater presentation and the three-part bonus structure. Most criticism is aimed at the modest 1974.3x max win and a base game that can feel too light for a high-volatility slot. Based on 5 reviews.
Ryan Cole’s Verdict

Final Thoughts

Overall, I see Mermaids as a neatly built, visually attractive slot that suits players who enjoy collection mechanics more than constant reel fireworks. The theme is inviting, the bonus structure is easy to follow, and Mermaid Spins is the clear highlight. What holds it back is the low maximum win relative to its volatility and a base game that can feel too measured.

Compared to the studio's previous work, this is a more lightweight release with a softer profile. I would place it with casual players who like steady progression and polished presentation, not with those who want relentless momentum or huge upside. The design works, but I am not entirely sold on the maths behind it.
3.1
★★★☆☆
out of 5
✓ Pros
Three distinct bonus rounds
Strong visual underwater theme
Four wilds add variety
Mermaid Spins removes royal symbols
Above-average default RTP
✗ Cons
Maximum win is modest
Base game can drag a bit
Conflicting RTP settings exist
Low excitement for high-volatility fans
Ryan Cole
Ryan Cole
Lead Casino Slots Analyst
5+ years analysing online slots for the UK market. Every game is played for a minimum of 500 demo spins before publication. No affiliate bias — ever.
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Mermaids FAQ
How do the Progress Wilds work in Mermaids?
Purple, green, and white Progress Wilds fill matching Progress Globes above the reels. When a globe reaches its target, it triggers its linked bonus feature.
What triggers the Picker Bonus?
The Picker Bonus triggers when the purple globe reaches 15 collected points. Because the game starts with 10 already collected, I only need 5 more purple Progress Wilds.
What is the difference between Wild Spins and Mermaid Spins?
Wild Spins gives 10 free spins with 2 to 6 random wilds added each spin. Mermaid Spins also gives 10 free spins with 2 to 6 random wilds, but royal symbols are removed for the whole feature.
Can the pick feature award free spins directly?
Yes. The pick round can reveal either Wild Spins or Mermaid Spins as prizes, alongside cash values from 2x to 50x the bet.
What is the maximum win and how realistic is it?
Most reviews place the top win at 1974.3x the bet, with one official listing at 2007xBet. The strongest route is generally Mermaid Spins, but the overall ceiling is still low for a high-volatility slot.