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If minimum RTP is set at 85%, this means that, over the long term (often described as the “game cycle”), the game must return to the user at least 85% of the amount they wager. In clubs and pubs in NSW, Victoria, Tasmania, Queensland and the Northern Territory, minimum RTP is set at 85%. In the ACT, minimum RTP is 87%, and in South Australia it is 87.5%.
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- The Productivity Commission (2010) recommended a reduction in the bet size to $1.
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This is not generally understood by users, and is not detailed in information screens (where these are available). The maximum value of rewards on EGM games is related to volatility and reward structure. Maximum prizes in Australia are generally subject to a regulated maximum value of $10,000, although unrestricted games available in casinos may offer higher maximum prizes. The Productivity Commission (1999a) developed a calculation to assess the number of spins that would be required to provide a 50% probability of winning the major prize on an EGM. Applying their calculation to the Dolphin Treasure game, it would require 24,703,765 spins to achieve a 50% probability (a 1 in 2 chance) of winning the major prize. Wagering a single line at 40¢ per spin at intervals of 5 seconds, this would cost nearly $1.2 million and occupy 1,429.6 days (or 3.9 years) of continuous use.
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