Dead or Alive is a 5-reel, 9-pay line slot from Net Entertainment that has become a true classic.
Slot players have embraced this great slot because of the real chance of considerable winnings in the bonus round, even with small bet sizes.
Winnings of more than 10,000x bet size in the bonus round have been documented, making Dead or Alive one of the most exciting slots around.
Dead or Alive, which is considered a high variance slot, takes place in the Wild West and involves some of the most dangerous outlaws in history, namely Jesse James and Billy the Kid. Symbols include Guns and Ammo (scatters), Sheriff badges, whisky glasses and cowboy hats.
The Wanted Dead or Alive poster is Wild and plays an essential part in the bonus feature.
You can play Dead or Alive for as little as €$0.01 per spin or up to €$18 per spin.
Dead or Alive Slot Features
There is a great Free Spins feature where you win as 12 free spins and a possible retrigger that is worth 5 free spins. During the Free Spins feature, which is triggered by three or more scattered Gun & Ammo symbols, all wins are doubled. 3 scatters award 4x your stake, 4 scatters award 25x your stake, and 5 scatters award an amazing 2,500x your stake!
But to get the massive wins that Dead or Alive is so famous for you must get the sticky wilds popping up in the feature. During the free spins bonus, every Wanted Poster that lands becomes a Sticky Wild for the rest of the free spins. If one or more Wanted Posters pop up on every single one of the 5 reels, you win 5 more free spins at the 2x multiplier.
And if you manage to get one or more full lines with 5 sticky wilds with some free spins remaining you are guaranteed an enormous win.
The bonus feature on Dead or Alive is one of the most exciting slot bonuses around: the potential for massive wins is always there.
Financial analysis of Dead or Alive
We have put together an extensive financial analysis of the Dead or Alive slot, including:
- Our results of 5,000 real money spins on Dead or Alive
- The prize distribution
- Your chances of winning on Dead or Alive
- How to successfully apply the “Hit and Run” strategy to Dead or Alive
Our results on 5,000 real money spins on Dead or Alive
We played no less than 5,000 real money spins on Dead or Alive.
Here are our results, which include some real surprises!
You can see that Dead or Alive treated us really well, with one massive win of 2,685x the bet. Overall, we ended with a great profit of $€2,587 after our 5,000 spins of $1. Yes, we were smiling at the end of our session!
What kind of prizes does Dead or Alive payout?
Dead or Alive is a unique high variance slot: it either pays out small prizes (up to 100x the total bet) or enormous (at least 1,000x the bet) prizes.
There is not much in between prizes in the range of 100x to 1,000x the total bet, are not seen that much and especially compared to other medium or high variance slots.
What are my chances of winning with Dead or Alive?
Below, you find your chances of winning (or losing) a certain amount of $€, when you spin 100 x ($€1 per spin) or 500 x ($€0.20 per spin).
For the sake of comparison, the total amount wagered is $€100 in both cases.
You see, for example, that your chance of winning 10x your bankroll (profits exceeding $€1000) is 0.3% if you spin 100 times ($€1 per spin).
Dead or Alive is a high variance slot: there are real chances to win big. It comes with a price: good chances of losing pretty much your entire bankroll.
Does the “Hit and Run” strategy work with Dead or Alive?
With the Hit and Run strategy, you have an initial bankroll of (say) $100. You start playing $€1, $€5 or $€10 per spin, until you, either:
- Have reached your target profit: profits of at least $€10, $€20, $€50, $€100, $€200, $€500, $€1000, $€2K, $€5K, $€10K, $€20K or $€50K (the latter is 500x your bankroll).
- Have lost your entire bankroll ($€100 in this example)
The table below shows the chance of meeting the target first:
You should not pick Dead or Alive for the Hit and Run strategy.
You might ask yourself why Dead or Alive is not suitable. The explanation is that wins ranging from 100x to 1,000x the total bet are scarce with this slot. It essential, for the Hit and Run strategy to work, to have wins of that size.
Dead or Alive is indeed an all or nothing slot
The Theoretical RTP of Dead or Alive is 96.8%, which is pretty good and better than most of the other slots.
Don’t play the Hit and Run Strategy with this slot. Other slots have better chances in reaching your desired target.
Dead or Alive is absolutely an all-or-nothing slot. You get the massive win, or you don’t. If you get it, you are likely to end up sky high (like we did). If you don’t, you are literally stuck to the ground.
The name of the slot could not have been chosen better!
Our verdict on the Dead or Alive slot
The highest recorded win on Dead or Alive is over a massive 18,000 times the bet, which is huge. To get such amazing results, you need to get tonnes of sticky wilds early on in the bonus and multiple wild lines.
Of course, this does not happen every single bonus round, but it does happen. My record on Dead or Alive is more than 4,000x my stake, but even higher wins are a genuine possibility.
You do have to be careful playing Dead or Alive. It can eat up your bankroll quite quickly, though it is not as volatile as other high variance slots such as Raging Rhino.
Although the base game can be somewhat repetitive, the bonus game is anything but boring. The excitement that can build up is unrivalled, especially when you manage to land one or more sticky wilds on every single reel, triggering that elusive extra 5 spins. All in all, a fantastic slot. 4 out of 5 stars.
Play Dead or Alive at Casumo and get a 200% bonus up to €$50.