Pragmatic Play is setting sail with Captain Kraken Megaways, a high-volatility slot launching September 1, 2025. Packed with a classic coin hold-and-respin bonus, multiplier mayhem, and jackpots, this one looks set to make waves in the slots community. Here’s everything you need to know from our early hands-on.
Game Overview
- Developer: Pragmatic Play
- Reels/Rows: 6 reels, up to 7 rows
- Paylines: Up to 200,704 (Megaways)
- RTP Options: 96.55% | 95.54% | 94.54%
- Volatility: High
- Hit Frequency: 1 in 4.74
- Free Spins Frequency: 1 in 438.33
- Max Win: 5,000x (1 in 929,887 spins)
- Min/Max Bet: 0.20 – 240
- Release Date: September 1, 2025
The Bet Boost That’s Worth It
By default, a $1 base bet keeps things steady, but doubling your stake to $2 activates the 5x Feature Chance option. In testing, this noticeably increased the frequency of bonus triggers, making it one of the rare boost features that actually feels worthwhile.

The Re-Spin Bonus – Where the Treasure Lies
The heart of Captain Kraken Megaways is the Hold & Respin feature, triggered by landing a special respin symbol on reel 6 alongside at least one coin anywhere else.
- Starting Spins: 3
- Reset Mechanic: Landing any coin resets the counter to 3
- Coin Values: Up to 40x bet — larger values transform into Minor, Major, or Grand jackpots

Multipliers That Can Go Wild
The top reel is where the magic happens. Special symbols can:
- Multiply an entire row
- Collect all visible coins
- Multiply the entire screen — up to 100x
Hit that last one with decent coin values and the results can be ridiculous. For example, a 100x multiplier across a board of solid mid-value coins could catapult you toward the game’s 5,000x cap.

Jackpots on the Horizon
Three fixed jackpots sit alongside the coin values:
- Minor
- Major
- Grand – worth 2,000x your bet
Jackpots are not multiplied by the reel multipliers, but they can drop naturally during the bonus for a tasty boost.

Base Game vs Bonus
While base game wins are possible (top symbol pays 10x your bet), the real potential is locked inside the bonus. That makes buying the feature (100x your base bet) or using the 5x chance boost the most exciting way to play — if your bankroll can handle it and regional restrictions allow.
Final Thoughts
Captain Kraken Megaways is classic Pragmatic Play with a twist — big volatility, frequent mini-wins in the bonus, and the potential for monster payouts if those multipliers align with high-value coins. The base game keeps you afloat, but the real treasure is in those respins.
If you enjoy high-risk, high-reward gameplay with flashy features and jackpot possibilities, this could be your next big catch.
10p Gamer Rating – 8.1/10