Wheel of Fortune or ‘Big Six’ (also called ‘Wheel of Money’ and ‘Wheel of Plenty’) is a variant of the popular carnival game of the same name. In Wheel of Fortune you bet on the expected outcome of the next spin. The wheel, which rotates on an axis, in a real casino is usually six feet (183cm) in diameter and sits vertically on a wall or special stand. It is divided into fifty-four sectors. The winning sector is identified by an arrow at the bottom of the fixed or rigid at the top of the wheel. Each sector is indicated by one of six symbols. They are usually: $1, $2, $5, $10, $20 and Joker (jackpot). In front of the wheel there is a table with betting boxes and a sign explaining the symbols and possible winnings.
Learning to play Wheel of Fortune is easy. You simply bet on the character you think should go into the next rotation. To bet on that character, place your chips on the table in front of the wheel in the appropriate box. Once all participants have placed their bets, the dealer spins the wheel and the sector the arrow points to when it stops turns out to be correct. The dealer then takes all the losing bets and pays the winners. But that’s in a real casino, but in a virtual one you play against the computer, and either you win or your money goes into the house. The payout varies depending on the winning sector. Below is a list of possible payouts:
As noted above, the wheel has fifty-four sectors. Of these, twenty-four have the $1 symbol, fifteen have $2, seven have $5, four have $10, two have $20 and the Joker (which can be two wilds in online casinos).
With each spin you can place as many bets as you like. But remember, only one symbol wins. Unfortunately for players, the casino has a very large advantage, ranging from 11.1% to 24%. This means that for every $100 you invest in this game you will get back an average of $76 to $88.90. By comparison, slot machines have a casino advantage of 10% or less.
Remember that the “big six” can be a lot of fun to play and nothing more… Usually in real casinos you won’t see crowds of players around this entertainment, probably because the house has a big advantage. However, this entertainment does not require any knowledge, rules or special skills, anyone can participate and play without hesitation, taking a break from other, more challenging games. To win on the wheel, you just have to be lucky.
In fact, no special strategy is required to play Wheel of Fortune. It is a game of luck. However, as with all casino games, some bets may be better than others. Better bet your money on a sector that is $1, where the house edge is lower – 11.1%. The worst symbols are $20 and wilds. The casino’s advantage on these bets is 24%. In other words, the higher the possible payout, the greater the house advantage.
Because of the casino advantage, limit your investment in this game to a few spins. Predicting where the wheel will stop is very difficult. In a real casino, you can have fun without betting and watch other players rejoice when they win or groan when they lose. From a practical point of view, it is better to save your money for another game, although, as they say, he who does not risk…