Phoenix Graveyard 2 Slot Review

⭐ 6/10
Create by: ELK Studios
Review by:
Posts by Michael White
Updated: November 29, 2025

Phoenix Graveyard 2 is a High volatile slot from ELK Studios with an RTP 94% and up to x25000 maximum win. Play demo for free.

Phoenix Graveyard 2 Slot Demo

Software
Release Date
2025-08-05
RTP
94%
Max Win
x25000
Volatility
High
Bet Range ($,€,£)
0.20 - 100
Number of Reels
5
Betways
1024
Features
Bonus Buy, Fire, Horror, Legend, Multiplier, Respins, Split Symbols, Sticky Wilds, Walking Wilds, Zombies

Phoenix Graveyard 2 Slot Overview

Phoenix Graveyard 2 drags me straight back to Phoenix Town’s burial grounds, with the reels set inside a crooked shack in the graveyard. The slot runs on a 5 reel, 4 row layout with at least 1,024 ways to win, which can climb into the millions once symbol splits start stacking. The whole thing feels grim and misty, with candles, skulls and a soundtrack that leans hard into horror.

Bets range from 0.20 to 100 per spin, so I can punt small or crank it up when a session runs well. Phoenix Graveyard 2 keeps the maths harsh, with a high volatility model, 94 per cent RTP and a hit rate around 25 per cent. Wins land from left to right on adjacent reels, and the real drama comes from Phoenix and Reaper wilds feeding the Feature Row and Skull features.

Phoenix Graveyard 2 slot screenshot

Symbols and Paytable in Phoenix Graveyard 2

The low paying symbols in Phoenix Graveyard 2 are the familiar 10, J, Q, K and A, each carved into stone and dressed up with weapons. Five of a kind pays between 0.2 and 0.4 times the stake, so they mainly act as filler when the grid has not been split. When the Phoenix clears them out after a battle, you really feel how weak they are compared to the premiums.

High paying symbols in Phoenix Graveyard 2 are the gravekeeper, florist, blacksmith, knight and bishop. Hitting five of a kind pays from 1 to 2.5 times the bet, which gets spicy once you have extra ways from splits. Any wild win pays the same as the top symbol. Phoenix and Reaper wilds do the heavy lifting here, while feather wilds can clutter the grid when battles or splits go off.

Symbols and Paytable

Symbol Quantity Payout
icon 1 5 x2.5
4 x1.5
3 x1
icon 2 5 x2
4 x1
3 x0.75
icon 3 5 x1.5
4 x0.8
3 x0.6
icon 4 5 x1.25
4 x0.6
3 x0.5
icon 5 5 x1
4 x0.5
3 x0.4
icon 6 5 x0.4
4 x0.25
3 x0.2
icon 7 5 x0.3
4 x0.2
3 x0.15
icon 8 5 x0.3
4 x0.2
3 x0.15
icon 9 5 x0.2
4 x0.15
3 x0.1
icon 10 5 x0.2
4 x0.15
3 x0.1
icon 11 Wild
icon 12 Scatter

Bonus Features in Phoenix Graveyard 2

The Phoenix Wild in Phoenix Graveyard 2 behaves as a standard wild, but every time it lands you get a respin and one random spot on the feature row opens up. The Reaper Wild is a walking wild that also opens a feature position, then shuffles left one reel per respin until it drops off. When the two share a row or touch vertically, they clash in a Wild Battle that raises multipliers.

The feature row in Phoenix Graveyard 2 sits above the reels with five locked spots that only wilds can open. These can show Split All, Split Right, Split Left, Split Reel or Split One, or drop Spawn Phoenix, Spawn Reaper or a Respin icon. Split effects can raise a position to six ways high, then turn it into six feather wilds at the cap, and they grow stronger when they sit above a reel with a Reaper.

Random Skull features in Phoenix Graveyard 2 shake things up in the base game. The Phoenix Skull can drop one to three Phoenix wilds, open the whole feature row and give a respin for each bird. The Reaper Skull plants a Reaper on the last reel and keeps any open feature spots active. Three, four or five scatters award 6, 8 or 10 free spins, and Super Bonus rounds start with the feature row fully open and persistent.

Bonus Buy Feature

Bonus Buy Bonus Hunt

Bonus Hunt

One spin with more than four times the chance to trigger the bonus game at the cost of 2.5x the selected bet.
Feature Cost: x2.5 Bet
RTP: 94%
Volatility: -
Bonus Buy Mega Bonus Hunt

Mega Bonus Hunt

ne spin with more than eight times the chance to trigger the bonus game at the cost of 5x the selected bet.
Feature Cost: x5 Bet
RTP: 94%
Volatility: -
Bonus Buy Splitting Frenzy

Splitting Frenzy

One spin with all feature row positions unlocked and an increased chance of landing feature symbols in them.
Feature Cost: x50 Bet
RTP: 94%
Volatility: -
Bonus Buy Bonus

Bonus

Guaranteed entry to the bonus game at the cost of 100x the selected bet.
Feature Cost: -
RTP: 94%
Volatility: -
Bonus Buy Super Bonus

Super Bonus

Guaranteed entry to the super bonus game with the whole feature row unlocked at the cost of 500x the selected bet.
Feature Cost: x500 Bet
RTP: 94%
Volatility: -

RTP, Volatility and Max Win in Phoenix Graveyard 2

Phoenix Graveyard 2 is not shy about its risk profile, which suits the way I like to play. The theoretical return sits at 94 per cent, below a lot of slots, and the volatility is marked as high with a stated hit frequency of 25 per cent. In return you get a ceiling of 25,000 times stake, which only really feels reachable once the Super Bonus gets rolling.

X-iter Feature Buy in Phoenix Graveyard 2

X-iter in Phoenix Graveyard 2 offers five buy options that let me shortcut straight to the good parts. Bonus Hunt costs 2.5 times stake for a single spin with roughly four times the normal bonus chance, while Mega Bonus Hunt costs 5 times stake and doubles that shot again. Splitting Frenzy at 50 times stake gives one spin with the feature row wide open and a much higher rate of feature symbols.

For me the 100 times stake Bonus buy in Phoenix Graveyard 2 strikes the best balance, as it drops you straight into regular free spins with at least one persistent Phoenix wild. The 500 times stake Super Bonus buy is pure high roller material. It opens the entire feature row from the first spin and powers up all split effects, so the game can climb toward those huge wins much faster.

Phoenix Graveyard 2 slot screenshot

Phoenix Graveyard 2 Slot Verdict

Phoenix Graveyard 2 hits that sweet spot for me between grim theme and intricate mechanics. The base game can feel grinding when the feature row stays shut, and the 94 per cent RTP will put some players off, but the way Phoenix and Reaper wilds combine with splits, skulls and Super Bonus rounds keeps sessions tense. If you like dark high volatility grinders, this is an easy one to stick with.

Screenshots

Phoenix Graveyard 2 slot screenshot 1
Phoenix Graveyard 2 slot screenshot 2
Phoenix Graveyard 2 slot screenshot 3
Phoenix Graveyard 2 slot screenshot 4
Phoenix Graveyard 2 slot screenshot 5
Phoenix Graveyard 2 slot screenshot 6
Phoenix Graveyard 2 Final Ratings
Theme & Symbols








Sounds & Music








Bonus Features








RTP (94%)








Max Win (x25000)








Originality








FAQs About Phoenix Graveyard 2

Can I play Phoenix Graveyard 2 free slot?

Absolutely! You can enjoy Phoenix Graveyard 2 for free on our website without registration. Our partner casinos of ELK Studios also usually offer demo mode access.

Can I win real money on Phoenix Graveyard 2 slot?

Yes, to win real money in Phoenix Graveyard 2, you'll need to create an account at a licensed casino site. You can then play for real and win up to x25000.

Can I play Phoenix Graveyard 2 slot on mobile phone?

Yes, Phoenix Graveyard 2 is fully optimized for mobile devices and runs smoothly on any devices.

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