Squid Game 2: Mukunghwa

Squid Game 2 / Mukunghwa Slot

Advantplay · Slots · TV
  • RTP97.05
  • Volatility3
  • Reels5

Squid Game 2: Mukunghwa is Advantplay’s branded take on the hit Korean thriller, landing January 2025 with a 97.05% RTP and a bonus minigame that strips away Free Spins convention. Wilds anchor reel 5 only, but they carry fixed jackpots – Mini, Minor, Major – that stack on winning lines. The bonus itself is a path-based survival game, not a spin counter.

Squid Game 2 / Mukunghwa Slot
Provider Advantplay
RTP 97.05%
Variance 3
Reels 5
Release date January 6, 2025

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Provider Advantplay
Game Type Slots
Series TV
RTP 97.05
Volatility 3

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How It Pays – Grid / Symbols / Lines

This slot runs a 5-reel, 5-row grid with 25 fixed paylines, reading left to right on adjacent columns. Mobile-first HTML5 build, so it scales to any screen but plays best on tablets and phones.

Symbol tiers split into shapes (circles, triangles, squares, umbrellas, stars from the Cookie Game) and character portraits (Player 456, Front Man, Pink Guards). Shapes pay modest coin multipliers; characters climb higher. Player 456 tops the base paytable at 2.40x to 48x the bet for 3 – 5 on a line.

No wilds in base reels 1 – 4. Scatters (Squid Game shape cards) do not interact with regular symbols.

Wild Symbols and Jackpots

Wilds land on reel 5 only and substitute for all symbols except scatters. Each wild can randomly carry a fixed jackpot – Mini, Minor, or Major. If that wild lands in a winning combination, the jackpot amount is added to the total once per payline. Multiple jackpots can be won in a single spin if multiple wilds hit.

Jackpot Tier Payout
Mini Jackpot 4x the bet
Minor Jackpot 8x the bet
Major Jackpot 25x the bet

Jackpot frequency is higher than typical, but individual sizes are modest. The mechanic adds texture to base-game wins without bloating volatility.

Bonus Trigger and Path-Based Minigame

Land 6 or more scatter cards (circle, triangle, square shapes) anywhere on the reels to trigger the bonus. Each card reveals 1, 2, or 3 free spins; the total determines how many rounds the minigame runs.

The bonus grid shifts to 4 rows by 5 columns. A Doll sits atop each column. Players (0 – 3) line up at the bottom, with red arrows (0 – 2 per row) to their right. On each spin, the Doll flips and randomly reveals a Mini, Minor, or Major jackpot. When a red arrow aligns with an active player on the same row, that player becomes activated. If the Doll above flips while the player is active, the player is eliminated. Surviving players advance one or two positions (depending on arrow count) and move toward their column’s Doll. Any player reaching a Doll wins that Doll’s jackpot prize.

Player positions stack – if two or more occupy the same spot, a multiplier displays the count. The minigame is not a traditional Free Spins round; it’s a survival mechanic where jackpot wins depend on player survival and path progression, not symbol matches.

Double Chance and Bonus Buy

Two tools skip the wait for 6+ scatters:

Feature Cost Effect
Double Chance +20% of base bet Adds scatters to the current spin, doubling trigger odds
Buy Free Games 50x the bet Guarantees 6+ scatters on the next spin, starting the bonus

Double Chance is a soft nudge; Buy Free Games is a direct entry. Neither modifies the minigame rules once active.

RTP / Volatility / and Bet Range

Return to Player sits at 97.05% – a strong rate, especially paired with very high volatility. The game is certified by Gaming Laboratories International (GLI), so payouts are audited and fair.

Standard bet range: €0.10 to €100 per spin. A high-roller variant extends to €1 – €1,000 per spin, though some operators may cap max exposure below the theoretical x1400 ceiling.

Max win is x1400 the bet – modest for a very-high-volatility slot, but achievable via bonus stacking (multiple players surviving to Doll payouts plus wild jackpots). Stake levels are limited, so Martingale-style betting strategies are tricky to execute.

Theme / Audio / and Presentation

Branded after Squid Game season 2. The grid sits over a blurred dormitory background with player heads visible at the bottom. High-quality graphics; animation is sparse but functional.

Audio is the standout: original Korean voiceover, flute chords from the series, and the iconic “Mugunghwa Kkoci Pieot Seumnida” (The Mugunghwa Flower Has Bloomed) chant during the bonus. Authenticity is strong, though audio can wear thin after extended play.

The slot’s name references the Mugunghwa (Rose of Sharon), South Korea’s national flower – a thematic anchor to the bonus minigame’s Korean cultural weight.

Pros

  • 97.05% RTP with very high volatility - rare upper-tier rate
  • Wilds land frequently on reel 5 and carry stacking jackpots (Mini 4x, Minor 8x, Major 25x)
  • Bonus minigame breaks Free Spins mold - path-based survival mechanic with multiplier stacking
  • Authentic Squid Game audio and branding; Korean voiceover adds cultural weight
  • Double Chance and Buy Free Games offer two entry speeds into the bonus
  • Mobile-first HTML5 scales cleanly across devices

Cons

  • Max win of x1400 is low for very high volatility - ceiling feels capped
  • No base-game modifiers (no expanding wilds, multipliers, or re-spins in base)
  • Limited stake levels make betting strategy optimization difficult
  • Bonus minigame, while novel, is less complex than the TV series' tension might suggest

FAQ

What is the RTP of Squid Game 2: Mukunghwa?

The return to player is 97.05%, certified by Gaming Laboratories International (GLI). This is the default rate; always check your operator's specific settings, as some jurisdictions may offer lower alternatives.

How do wilds and jackpots work?

Wilds land only on reel 5 and randomly carry one of three fixed jackpots: Mini (4x the bet), Minor (8x the bet), or Major (25x the bet). If the wild participates in a winning combination, the jackpot is added to the win once per payline. Multiple wilds can hit in a single spin, stacking jackpots.

What triggers the bonus minigame?

Land 6 or more scatter cards (circle, triangle, or square shapes) anywhere on the reels. Each scatter reveals 1, 2, or 3 free spins. The bonus then shifts to a 4x5 grid where players advance along paths toward Dolls, earning jackpots for each Doll reached. Player positions stack, creating multipliers if two or more occupy the same spot.

Can I buy the bonus directly?

Yes. Buy Free Games costs 50x the bet and guarantees 6+ scatters on the next spin, starting the bonus. Double Chance costs +20% of your base bet and adds scatters to the current spin, doubling your odds of hitting 6+ naturally.

What is the max win?

The maximum payout is x1400 the bet. This is achievable through bonus stacking - multiple players surviving to Doll payouts combined with wild jackpots in base or bonus spins. High-roller variants may have operator-specific exposure caps below this theoretical ceiling.

Is this slot mobile-friendly?

Yes. The game is built mobile-first with HTML5 optimization, scaling cleanly to smartphones, tablets, and desktops. It plays best on smaller screens (phones and tablets) due to its grid design.

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Raymonds Ozols
Raymonds Ozols
Games Analyst

Raymonds has spent over a decade covering online casino games, focused on RTP verification, volatility models and the gap between how games are marketed and how they actually run. He covers crash games, instant formats and slot variance across EU and UK regulated markets — starting always from the certified RNG documentation, not the promo copy. He writes for 100slots.org and several other iGaming publications.

Reviewed by Marcus Reynolds – Senior Game Analyst

Editorial rating: 4.2/5

Squid Game 2: Mukunghwa is a solid branded slot with a genuinely strong RTP (97.05%) and a bonus minigame that ditches Free Spins convention for a path-based survival mechanic. Wilds carrying stacking jackpots add texture to the base game, and the Korean audio is authentic. However, the max win of x1400 feels capped for very high volatility, and the bonus - while novel - lacks the complexity the TV series' premise might suggest. Worth a spin for the RTP alone; the theme is a bonus, not the draw. That trade-off is real.

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