Elk steak, since made from elk meat, is unique in flavor, which is wild or “gamey.” As a result, Elk steak is popular among only those who like its taste. The interesting thing about elk steak or elk meat is that the flavor of the steak is a direct result of what the deer eats. In order to reduce the strong flavor in the elk steak, the steak can be fried using strong spices like black pepper, garlic, etc.