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Oxygen 2 Slot Review

by ELK StudiosReleased Mar 4, 2025

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Oxygen 2 swaps Collector and Dealer for Jellyfish and Octopus. Same bubble multiplier system (up to x2048), same 25,000x max, new ways to distribute and amplify multiplier values.

Demo player curtain

Specifications

Game TypeSlots
RTP94%
VolatilityHigh
Max Win25,000x
Grid6x7
PaylinesCluster Pays (5+ connected symbols)
Min Bet$0.2
Max Bet$100
Hit Freq29%

Oxygen Series

Themes
Features

Oxygen 2 Slot Overview

ELK went back underwater, and the idea holding this one together is small and stubborn: blow up the same square twice and it starts paying you extra. Oxygen 2 is a cluster pays game on a six-column, seven-row grid, set in a flooded industrial wreck. Every symbol that explodes leaves an oxygen bubble stuck to its position, and every later explosion on that spot doubles the bubble's multiplier.

Everything else exists to force explosions where those bubbles already sit. Exploding Wilds clear cone-shaped chunks of the grid, Blaster Wilds redraw an X or a plus of symbols, a jellyfish drifts in carrying multiplier values, and an octopus hides behind a random position waiting for a win to land on it. The 25,000x ceiling comes from stacking all of that in one round, not from the symbols themselves. Sixteen matching premiums pay 100x and no more.

RTP is 94%, and drops connect roughly 29% of the time. Neither figure is doing the player any favours.

Theme & Design

The setting is a drowned industrial site. Steel pipework and valve wheels rust under deep navy water, chains disappear into the murk, and spiked naval mines hang in the background like someone decorated the place badly on purpose. Pink and purple coral crowds the lower corners. The reels sit on a faint translucent panel over the whole thing, which stops the busy artwork from swallowing the symbols, and it works.

The symbol set splits sharply. Low pays are glossy buoys with little loops on top, in green, orange and pink, and they look like bath toys. The premiums have far more character: a green snail hunched inside a battered tin can, an orange crab gripping a spanner and grinning with a full set of teeth, a fat pink fish with rubber lips, and a red octopus in a brass diving helmet peering through the porthole. Wilds are the mines, gold W stamped on the casing. Bonus is a treasure chest spilling coins. The soundtrack is upbeat and a little generic. And the jellyfish animation runs long enough that you notice it the fourth time, then resent it the tenth.

Symbols & Paytable

SymbolPayout
Octopus (top premium)1x for 5, up to 100x for 16+wild clusters pay at this rate too
Pink fish0.5x for 5, up to 50x for 16+
Orange crab0.4x for 5, up to 30x for 16+
Green snail0.3x for 5, up to 25x for 16+
Pink buoy0.2x for 5, up to 20x for 16+
Orange buoy0.15x for 5, up to 15x for 16+
Green buoy0.1x for 5, up to 10x for 16+
Wild (mine)substitutes every paying symbolan all-wild cluster pays as the highest symbol
Bonus chest3 award 10 free drops, 4 award the super bonusblocker symbol, does not form clusters

Features & How They Work

Clusters and gravity

Five or more identical symbols touching horizontally or vertically make a cluster. Winners are removed, what remains falls, and fresh symbols enter from the bottom rather than dropping in from above. The chain keeps going while new clusters keep forming. Big symbols in 2x2, 3x3 and 4x4 blocks land regularly and count as their full footprint (a 2x2 counts as four symbols), which is how a cluster gets fat quickly, and they carry multipliers of their own.

Oxygen bubbles

The first explosion on any position leaves an oxygen bubble worth x1. Each later explosion on that same position doubles it: x2, x4, x8, and it keeps climbing as far as x2,048 on a single square. Bubbles ignore gravity, so they stay put while symbols fall past them. Multiplier Strike is the shortcut, a random feature that scatters multiplier values onto the grid in any drop without needing an explosion first.

Four kinds of wild

A plain Wild substitutes and nothing more. An Exploding Wild inside a winning cluster wipes out every paying symbol in two cone-shaped areas, either up and down or left and right, and sets off any other special wilds caught in the blast. The Super Exploding Wild does the same and also lights up every dormant oxygen bubble behind the symbols it cleared, which is the fastest way to turn a quiet grid into a live one. The Blaster Wild picks a random paying symbol or wild and stamps it across an X or plus pattern; when two Blaster trajectories cross, the crossing point becomes a regular Wild.

Jellyfish and Octopus

These two are the additions that separate the sequel from the original. Jellyfish float in carrying multiplier values and park on random positions, adding what they hold to whatever is there already, or merging with an existing multiplier if the position is taken. The Octopus is sneakier. It settles behind one position at random and stays invisible until a winning cluster covers that spot, at which point it grabs a random selection of the multipliers sitting elsewhere on the grid and folds them into the win. Land the Octopus with a full board of grown bubbles and the arithmetic gets silly.

Free drops

Three Bonus chests award 10 free drops, and the important change is that oxygen bubbles no longer reset between rounds. They accumulate across the whole bonus, so a x4 bubble in drop two is still there in drop nine, usually bigger. The Octopus stays active throughout and repositions each drop. Four chests award the super bonus instead, identical except a Jellyfish arrives on every single drop. Retriggers pay well: two chests add 3 drops, three add 5, and four upgrade a standard bonus into the super version plus 7 more.

X-iter buys

Five buy bonus options, and the cheap ones are more interesting than the expensive ones. Bonus Hunt at 3x bet buys a single round with better than triple the usual trigger chance. Special Wilds at 10x guarantees at least three special wilds in one drop. Octo Strike at 25x is the pick of them: one drop with a guaranteed Octopus and at least one Multiplier Strike, so the multipliers and the collector both show up together. Standard bonus is 100x, and the super bonus with a Jellyfish and Octopus every drop costs 500x.

Screenshots

ELK Studios's Oxygen 2 slot - Fantasy theme, high volatility action
ELK Studios's Oxygen 2 slot - Fantasy theme, high volatility action

How Oxygen 2 Plays

Base game is thin. Bubbles wipe clean at the end of every round, so all that patient doubling gets thrown away the moment the drops stop, and with wins landing on under a third of rounds you spend a lot of time watching buoys fall into nothing. It plays like a game that is waiting for permission to start.

The bonus is where the design finally makes sense. Once bubbles persist, the grid slowly turns into a scoreboard, and the tension shifts from whether you win to whether the wins land on the right squares. Watching a x64 sit in the corner while clusters keep forming on the wrong side of the board is a specific kind of frustration ELK has clearly designed on purpose.

Pace is the weak point. The jellyfish takes its time crossing the reels and does it whether or not the trip is worth anything, which on a long session adds up to a lot of dead seconds. For my money the 25x Octo Strike buy is the honest way to play this one, because it delivers the actual hook in a single drop instead of asking you to grind base spins for it.

Pros & Cons

Pros

  • Persistent oxygen bubbles turn the bonus grid into a genuine escalation, not a fixed multiplier ladder
  • Four wild types with distinct blast shapes keep the board changing in ways cluster games rarely manage
  • Five X-iter buys at sensible price points, including a 25x option that isn't just a bonus entry
  • 25,000x ceiling with big symbols and a 6x7 board to build clusters on

Cons

  • 94% RTP is stingy even by sequel standards
  • Base game resets all multipliers each round, so it feels like a waiting room for the bonus
  • The jellyfish animation drags and plays out even when it delivers nothing
  • 29% hit frequency means long stretches of nothing between features

Oxygen Series

GameRTPVolatilityMax Win
Oxygen94%high25,000x

Is Oxygen 2 Worth Playing?

8/10

The bubble grid is a good mechanic and Oxygen 2 knows it, building four wild types and two random helpers around the single job of exploding the same squares repeatedly. The Octopus in particular does something most cluster slots don't, sweeping up multipliers that never touched the winning cluster. When a bonus runs long enough for the board to fill with grown bubbles, this is one of the more interesting underwater slots ELK has made.

The cost is patience. A 94% return with wins on under a third of drops is a hard combination, and the base game gives back everything it builds at the end of each round, which drains the tension out of the part you spend the most time in. The sequel additions are worth having (the original's multiplier setup was flatter) though nobody should expect the jump from Oxygen to Oxygen 2 to feel like a new game. It plays like the same idea with better plumbing.

Frequently Asked Questions

What is the maximum win in Oxygen 2?

25,000x your bet. Reaching it needs stacked oxygen bubble multipliers combined with the Octopus feature during the bonus, since the paytable alone caps at 100x for a 16-symbol cluster.

How do you trigger the free drops in Oxygen 2?

Three Bonus chest symbols award 10 free drops. Four chests award the super bonus instead, which adds a Jellyfish on every drop. During the bonus, 2, 3 or 4 more chests add 3, 5 or 7 drops.

What is the RTP and volatility of Oxygen 2?

RTP is 94% and the hit frequency is around 29%, which puts it firmly in high volatility territory. Expect long dry runs between features.

Can you buy the bonus in Oxygen 2?

Yes, through the X-iter menu. Bonus Hunt costs 3x bet, guaranteed special wilds 10x, Octo Strike 25x, the standard bonus game 100x and the super bonus 500x.

What is the difference between Oxygen 2 and the original Oxygen?

Oxygen 2 adds the Jellyfish and Octopus multiplier features, the Super Exploding Wild and a super bonus mode. It drops the original's Collector and Dealer multiplier features.

Is Oxygen 2 suitable for players under 18?

No. Real money play is restricted to players aged 18 or over (21 in some jurisdictions). Demo play is for entertainment only, and the results shown there do not predict real money outcomes.
Arina

Reviewed by Arina, PR & Content Manager

PR & Content Manager at SlotsReach

Published 31 Jul 2026 · Updated 31 Jul 2026