Money Wheel
- Business, Technology. Money trade concept. Gold and silver gear wheel background illustration. 3d illustration. Business, Technology. Money trade concept.
- Money Wheel Cloth Prize Wheel Layout - 15 inch x 48 inch - FOR MONEY WHEEL Prize Wheel 18 Inch Octagon Plastic Base. Competitor Price: $55.00. Your Price: $44.99.
- 1-16 of over 70,000 results for 'Money Wheels' Price and other details may vary based on size and color. Making Money with Mobile Homes. Book 2 of 1: Making Money with Mobile Homes.
The Big Six wheel, also known simply as The Big Six or Wheel of Fortune, is an unequal game of chance, played using a large vertical wheel that can be spun.
Share Share by Shkim. Switch template Interactives. Random wheel is an open-ended template.
Since 13 May 2002, it can be played legally in licensed casinos in the United Kingdom, under The Gaming Clubs (Bankers' Games) (Amendment) Regulations 2002 (Statutory Instrument 2002/1130).
The game is also known in casinos in the United States.
Rules[edit]
The wheel is divided into a number of equal segments separated by spokes or pins. Each segment is associated with a number. The wheel is spun by a dealer, and the winning segment is indicated by a pointer mounted on a flexible piece of rubber or leather, which also rubs against the pins to impart friction and slow the wheel down. Should the player stop the wheel, the segment at the top is the winner.
Variants[edit]
There are a number of variants of the game, that divide the wheel into a different number of segments, use different symbols in the segments, and have different odds if a symbol is selected.
Money wheel[edit]
This variant is the most common in casinos in the United States. The symbols are $1, $2, $5, $10 and $20 bills — and two special symbols, a joker and the casino logo. The $1 bills pay at odds of 1 to 1, the $2 bills at 2 to 1, the $5 bills at 5 to 1, and so on. The joker and the logo pay at odds of 40 to 1 or 45 to 1, depending on local gaming regulations or the practice of the casino.
The house advantage or edge (the proportion of the stakes that the casino expects to win on average) of this game is one of the highest of most casino games. In the United States it ranges from 11.1% on the $1-bill bet to more than 24% on the joker or logo (when it pays at 40 to 1). In Australia the house edge is 7.69% on all bets, so that the payouts on a 52-segment wheel are 47:1, 23:1, 11:1, 5:1, 3:1 and 1:1.
Dice wheel[edit]
The symbols on the wheel represent some of the 216 possible combinations of three dice. Sometimes the same combination appears in more than one segment. Players wager on the numbers 1 through 6. If the number appears on one of the dice in the winning segment, the dealer pays at 1 to 1; on two of the dice, 2 to 1; on all three of the dice, 3 to 1.
One example of a dice wheel, manufactured by H. C. Evans & Co. of Chicago (or its successor), is divided into 54 segments. Each of the triples appears four times. The following doubles each appear four times: 2, 1, 1; 2, 2, 1; 4, 3, 3; 5, 4, 4; 6, 5, 5; and 6, 6, 3. The following combinations each appear three times: 3, 2, 1; and 6, 5, 4.
In the example above, there are 54 possible outcomes for a single spin of the wheel. For a specific number:
Money Wheel Online
- There are 7 possible outcomes where only one die will match the number
- There are 4 possible outcomes where only two dice will match
- There are 4 possible outcomes where all three dice will match
At odds of 1 to 1, 2 to 1 and 3 to 1 respectively for each of these types of outcome, the expected loss as a percentage of the stake wagered is:
1 - [(7/54) * 2 + (4/54) * 3 + (4/54) * 4] = 22.2%
The symbolism of the game is redolent of chuck-a-luck or sic bo, games of chance played with three dice. However, the house advantage or edge is greater than for chuck-a-luck, which itself has a higher house advantage than other casino games.
This variety is seldom seen in casinos, but frequently seen as a carnival game, or at a charity 'Monte Carlo night' fund-raiser. A similar game, the 'Big Nine' wheel, has five numbers on each segment, and also three special symbols, appearing on three spaces each, which pay 10:1 odds.
United Kingdom, Australia and New Zealand[edit]
A legal game in a licensed casino in the United Kingdom, Australia or New Zealand involves a wheel at least 1.5 metres in diameter divided into 52 segments, each marked with one of seven symbols (referred to as A to G). The table below sets out the frequency of the symbols, their probability, the associated odds specified, and the house advantage or edge.
| Symbol | Number of segments | Probability of winning | Odds offered in UK | House edge in UK | Odds offered in AUS & NZ | House edge in AUS & NZ |
|---|---|---|---|---|---|---|
| A | 1 out of 52 | 1.9% | 50 to 1 | 1.9% | 47 to 1 | 7.7% |
| B | 1 out of 52 | 1.9% | 50 to 1 | 1.9% | 47 to 1 | 7.7% |
| C | 2 out of 52 | 3.9% | 20 to 1 | 19.2% | 23 to 1 | 7.7% |
| D | 4 out of 52 | 7.7% | 10 to 1 | 15.4% | 11 to 1 | 7.7% |
| E | 8 out of 52 | 15.4% | 5 to 1 | 7.7% | 5 to 1 | 7.7% |
| F | 12 out of 52 | 23.1% | 3 to 1 | 7.7% | 3 to 1 | 7.7% |
| G | 24 out of 52 | 46.2% | 1 to 1 | 7.7% | 1 to 1 | 7.7% |
Other variants[edit]
Other variants, using different symbols and odds, are relatively rare in the United States.
One variant called 'Mississippi Derby' was used for a short time at the Grand Casino in Gulfport, Mississippi. (The casino was destroyed in 2005 by Hurricane Katrina.) The symbols were combinations of three of a number of different horses, arranged to represent a winner, a second-placed horse and a third-placed horse. (The horses were represented in three concentric rings, with the winner on the outer ring.) Players wagered on particular horses to 'win', 'place' or 'show', as with betting in horse racing. The payoffs varied from horse to horse, depending on how many times and where the horse appeared on the rings. Odds ranged from 40 to 1 for the 'longshot' to win, down to 1-2 for the 'favorite' to show.
References[edit]
Regulation in the United Kingdom
Regulation in New Zealand
External links[edit]
What do you get when you combine the betting system of blackjack with the wheels of roulette? The Money Wheel!
This game is quite simple. All you have to do is spin the wheel and then guess where the wheel will land. It’s somewhat similar to roulette in this way. The only difference is that the betting system is much more similar to blackjack. The Money Wheel is definitely a fun new addition to many online casinos, and will give you an interesting and new way to gamble.
If you’ve heard all the fuss about this game, but haven’t tried it yet, you really don’t know what you’re missing out on.
Play Money Wheel Game
How the Game Works
The Money Wheel is similar to a roulette wheel; however, the wedges are separated so that some symbols take up more wedges than others. For example, there are more wedges with a ‘1’ sign on them than a ‘3’ sign on them. Similarly, there’s more signs with a ‘3’ on them than a ‘5’ on them. You have 7 options to choose from. They include:
- a red dragon sign, which pays out 45 to 1 as there is only 1 red dragon wedge on the wheel
- a golden lotus sign, which also pays out 45 to 1 as there is only 1 of them on the wheel
- 20, which pays out 20 to 1
- 10, which pays out 10 to 1
- 5, which pays out 5 to 1
- 3, which pays out 3 to 1
- 1, which pays out 1 to 1
The odds are determined based on how often the signs or the numbers appear on the wheel. You can bet on as many positions as you’d like and you can bet as much as you’d like. If the wheel lands on the wedge that you’ve bet on, you will win the payout. If it lands on a wedge that you didn’t bet on, you will lose all of the bets that you’ve made.
How to Place a Bet
The betting table looks similar to a blackjack betting table with each position reserved for a sign. When playing Money Wheel for free and with real money, you can place a minimum bet of 1.00 credit or €1.00 on each position. Bets are capped at a maximum of 100.00 credits or €100.00. You have 5 different chips to play with. Their denominations include 1, 5, 10, 25 and 100. When betting real money on this game, the chips should state your currency.
Game Design and Odds
The Money Wheel is quite a beautiful table game to play. You’ll be taken to a standard blackjack or poker table with a huge wheel in the background. Once you’re comfortable with the bets you’ve made, just hit ‘Spin’, and the game will do everything for you. To make your life easier, there’s also a ‘Rebet’ option that will automatically make the same bets for you as your last spin.
The expected return to player (RTP) of the Money Wheel varies quite a bit. The minimum RTP is expected to be about 80.77% while the maximum RTP is expected to be about 92.31%. On average, the RTP should fall somewhere close to 88.46%. With these odds, hitting the jackpot won’t be easy.
Money Wheels
Overall Verdict
Money Wheel Casino Game
The Money Wheel is a fairly simple game that doesn’t require a lot of thinking. All you have to do is place your bet and then spin the wheels. It’s mostly a game of luck. Still, many players seem to enjoy taking a spin on the Money Wheel