Gambling Wheel

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Introduction

The Money Wheel was launched at the Jackpot Casino in Red Deer, Alberta, in June 2011. It is a variation of Big Six, which is the game with the large vertical wheel, usually found near the entrance of casinos and usually dealt by an attractive female dealer. What makes the Money Wheel different is 56 stops instead of 54, and some of them are multipliers. The house edge is also much lower than Big Six, as my analysis below will show.

HomGarden 24' Color Prize Wheel w/Adjustable Stand 14 Slots Tabletop Editable Classic Spinning Win Prize Wheel Fortune Carnival Spin Game Casino Equipment 4.7 out of 5 stars 58 $59.49 $ 59. 1,779 gambling wheel products are offered for sale by suppliers on Alibaba.com A wide variety of gambling wheel options are available to you, There are 181 suppliers who sells gambling wheel on Alibaba.com, mainly located in Asia. The top countries of suppliers are Canada, China, and Taiwan, China, from which the percentage of gambling wheel. 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. 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).

Rules

  1. The player may bet on $1, $2, $5, $10, $20, or $40.
  2. All bets are paid on a to one basis according to the odds of the bet itself. For example, a bet on $5 would pay 5 to 1.
  3. Four positions on the wheel will multiply any win, known as a Lucky Lucky. Two Lucky Lucky spots multiply the next win by 2x, one 3x, and one 5x. If Lucky Lucky sounds familiar, it is because Lucky Lucky is also a blackjack side bet, both invented by the owner of the Jackpot Casino.
  4. If the wheel stops in any Lucky Lucky, then all bets will remain in place. No new bets will be allowed. The outcome of the next spin will determine the winning wager, as usual, but the odds will be multiplied by 2, 3, or 5, depending on which Lucky Lucky the wheel stopped in the previous spin.
  5. In the event the wheel stops in a Lucky Lucky twice in a row, then all wagers will lose.
  6. The following table shows how the wheel is apportioned.

Let's look at an example. The player bet $20 on the $5 spot. The wheel lands in the 3x Lucky Lucky. The next spin it lands in $5. The player would win $20×$5×3=$300.

Money Wheel Distribution

StopNumber on Wheel
$123
$215
$57
$104
$202
$401
2x Multiplier2
3x Multiplier1
5x Multiplier1

Analysis

The following table shows the possible outcomes for the $1 bet. The lower right cell shows a house edge of 6.12%.

Money wheels for sale

$1 Bet Analysis

EventPaysCombinationsProbabilityReturn
5x Lucky Lucky win5230.0073340.036671
3x Lucky Lucky win3230.0073340.022003
2x Lucky Lucky win2460.0146680.029337
Standard win112880.4107140.410714
Loss-117560.559949-0.559949
Total31361.000000-0.061224
Wheel

The following table shows the possible outcomes for the $2 bet. The lower right cell shows a house edge of 6.25%.

$2 Bet Analysis

EventPaysCombinationsProbabilityReturn
5x Lucky Lucky win10150.0047830.047832
3x Lucky Lucky win6150.0047830.028699
2x Lucky Lucky win4300.0095660.038265
Standard win28400.2678570.535714
Loss-122360.713010-0.713010
Total31361.000000-0.062500

The following table shows the possible outcomes for the $5 bet. The lower right cell shows a house edge of 10.71%.

$5 Bet Analysis

EventPaysCombinationsProbabilityReturn
5x Lucky Lucky win2570.0022320.055804
3x Lucky Lucky win1570.0022320.033482
2x Lucky Lucky win10140.0044640.044643
Standard win53920.1250000.625000
Loss-127160.866071-0.866071
Total31361.000000-0.107143

The following table shows the possible outcomes for the $10 bet. The lower right cell shows a house edge of 5.61%.

$10 Bet Analysis

EventPaysCombinationsProbabilityReturn
5x Lucky Lucky win5040.0012760.063776
3x Lucky Lucky win3040.0012760.038265
2x Lucky Lucky win2080.0025510.051020
Standard win102240.0714290.714286
Loss-128960.923469-0.923469
Total31361.000000-0.056122

The following table shows the possible outcomes for the $20 bet. The lower right cell shows a house edge of 9.44%.

$20 Bet Analysis

EventPaysCombinationsProbabilityReturn
5x Lucky Lucky win10020.0006380.063776
3x Lucky Lucky win6020.0006380.038265
2x Lucky Lucky win4040.0012760.051020
Standard win201120.0357140.714286
Loss-130160.961735-0.961735
Total31361.000000-0.094388

The following table shows the possible outcomes for the $40 bet. The lower right cell shows a house edge of 11.35%.

$40 Bet Analysis

EventPaysCombinationsProbabilityReturn
5x Lucky Lucky win20010.0003190.063776
3x Lucky Lucky win12010.0003190.038265
2x Lucky Lucky win8020.0006380.051020
Standard win40560.0178570.714286
Loss-130760.980867-0.980867
Total31361.000000-0.113520

Strategy

The lowest house edge is on the $10 at 5.61%. My advice is to bet on that only.

Comparison to Big Six

The following table compares the Money Wheel to four versions of Big Six, also known as the Wheel of Fortune. As you can see, the average house edge is much lower on the Money Wheel compared to American Big Six. You would have to go to Australia to get a better average bet on a vertical wheel. The best single bet anywhere, including Australia, is the $10 at 5.61% house edge on the Money Wheel.

Money Wheel to Big Six Comparison

BetMoney WheelBig Six
Las Vegas
Big Six
Atlantic City
MacauAustralia
$16.12%11.11%11.11%7.69%7.69%
$26.25%16.67%16.67%
$37.69%7.69%
$510.71%22.22%22.22%7.69%7.69%
$105.61%18.52%18.52%15.38%
$117.69%
$209.44%22.22%22.22%19.23%
$237.69%
$4011.35%24.07%
$4514.81%11.54%
$477.69%
Average8.25%19.14%17.59%11.54%7.69%

WheelsWritten by: Michael Shackleford
Roulette
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Gambling Wheel Parts

Dan GlimneSee All Contributors
Writer and game designer. Author of Pokerhandboken, among others.

Roulette, (from French: “small wheel”), gambling game in which players bet on which red or black numbered compartment of a revolving wheel a small ball (spun in the opposite direction) will come to rest within. Bets are placed on a table marked to correspond with the compartments of the wheel. It is played in casinos worldwide. Roulette is a banking game, and all bets are placed against the bank—that is, the house, or the proprietor of the game. As a big-time betting game, it has had its popularity superseded in the United States and the Caribbean islands by others, notably craps, blackjack, and poker.

Fanciful stories about the origin of roulette include its invention by the 17th-century French mathematician Blaise Pascal, by a French monk, and by the Chinese, from whom it was supposedly transmitted to France by Dominican monks. In reality, roulette was derived in France in the early 18th century from the older games hoca and portique, and it is first mentioned under its current name in 1716 in Bordeaux. Following several modifications, roulette achieved its present layout and wheel structure about 1790, after which it rapidly gained status as the leading game in the casinos and gambling houses of Europe. During the years 1836 to 1933, roulette was banned in France.

Equipment

The roulette table is composed of two sections, the wheel itself and the betting layout, better known as the roulette layout. There are two styles of roulette tables. One has a single betting layout with the roulette wheel at one end, and the other has two layouts with the wheel in the centre. The wheel spins horizontally.

Heading the layout design, which is printed on green baize, is a space containing the figure 0 (European style) or the figures 0 and 00 (American style, although such wheels were used also in Europe during the 18th and 19th centuries). The main portion of the design is composed of 36 consecutively numbered rectangular spaces, alternately coloured red and black and arranged in three columns of 12 spaces each, beginning with 1 at the top and concluding with 36 at the bottom. Directly below the numbers are three blank spaces (on some layouts these are marked “2 to 1” and are located on the players’ side of the table). On either side of these or along one side of the columns are rectangular spaces marked “1st 12,” “2nd 12,” and “3rd 12” on American-style layouts. On European-style layouts these terms are “12p” (première), “12m” (milieu), and “12d” (dernière douzaine). Six more spaces are marked “red” (rouge), “black” (noir), “even” (pair), “odd” (impair), “1–18” (low, or manque), and “19–36” (high, or passe).

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The roulette wheel consists of a solid wooden disk slightly convex in shape. Around its rim are metal partitions known as separators or frets, and the compartments or pockets between these are called canoes by roulette croupiers. Thirty-six of these compartments, painted alternately red and black, are numbered nonconsecutively from 1 to 36. On European-style wheels a 37th compartment, painted green, carries the sign 0, and on American wheels two green compartments on opposite sides of the wheel carry the signs 0 and 00. The wheel, its spindle perfectly balanced, spins smoothly in an almost frictionless manner.

Gambling Wheel

The standard roulette table employs up to 10 sets of wheel checks (usually called chips). Each set is differently coloured; each traditionally consists of 300 chips; and there is one set for each player. The chips usually have a single basic value, although some casinos also sell chips of lesser value. The colour of the chips indicates the player, not the value of the chips. If a player wishes to buy chips of slightly higher value, the croupier places a marker indicating that value on top of the table’s stack of chips of the colour corresponding to the chips purchased. Most casinos also have high-value chips that can be wagered at any gaming table. Unlike roulette chips, these have their numbered values printed on them.

Bets

Gambling Wheel Clip Art

It is possible to place the following bets in roulette: (1) straight, or single-number (en plein), in which the chips are placed squarely on one number of the layout, including 0 (and also 00 on American layouts), so that the chips do not touch any of the lines enclosing the number; a winning single-number bet pays 35 to 1 (for each unit bet, a winning player receives his original bet and 35 matching units); (2) split, or 2-number (à cheval), in which the chips are placed on any line separating any two numbers; if either wins, payoff odds are 17 to 1; (3) street, or 3-number (transversale pleine), in which the chips are placed on the outside line of the layout, betting the three numbers opposite the chips; payoff odds on any of the three numbers are 11 to 1; (4) square, quarter, corner, or 4-number (en carré), in which the chips are placed on the intersection of the lines between any four numbers; payoff odds are 8 to 1; (5) line, or 6-number (sixaine or transversale six), in which the chips are placed on the intersection of the sideline and a line between two “streets”; payoff odds are 5 to 1; (6) column (colonne), or 12-number, in which the chips are placed on one of the three blank spaces (some layouts have three squares, marked “1st,” “2nd,” and “3rd”) at the bottom of the layout, thus betting the 12 numbers above the space; payoff odds are 2 to 1; (7) dozens (douzaine), or 12-number, in which the chips are placed on one of the spaces of the layout marked “12,” betting the numbers 1–12, 13–24, or 25–36; payoff odds are 2 to 1; (8) low-number or high-number, in which the chips are placed on the layout space marked “1–18” (manque) or on the space marked “19–36” (passe); payoff is even money; (9) black or red, in which the chips are placed on a space of the layout marked “black” (noir) or on a space marked “red” (rouge; some layouts have a large black or red diamond-shaped design instead of the words); payoff is even money; (10) odd-number or even-number, in which the chips are placed on the space of the layout marked “odd” (impair) or on the space marked “even” (pair); payoff is even money.

On layouts with a single zero (European style), the 0 may be included in a 2-number bet with any adjoining number, in a 3-number bet with 1 and 2 or with 2 and 3, and in a 4-number bet with 1, 2, and 3 at the regular odds for these bets. With the American-style 0 and 00, a 5-number line bet also is possible, the player placing his chips on the corner intersection of the line separating the 1, 2, 3 from the 0 and 00, with payoff odds of 6 to 1.

The play

Wheel

The game begins when one of the croupiers (dealers) in attendance calls for the players to make their bets, which they do by placing chips on the spaces of the layout on any number, group, or classification they hope will win.

The croupier usually starts the wheel spinning in a counterclockwise direction and then spins a small ivory or plastic ball onto the bowl’s back track in the opposite direction. Players may continue to place bets while the wheel and ball are in motion until the ball slows down and is about to drop off the back track, at which time one of the croupiers announces that no more bets may be made.

When the ball falls and comes to rest between any two metal partitions of the wheel, it marks the winning number (or a 0 or 00), the winning colour, and any other permitted bet that pertains to a winning number or symbol. The dealer immediately announces the winning number and its colour and places a special marker on the corresponding number on the layout. He first collects all losing bets, not disturbing the chips that are resting on winning spaces, and then pays off any winning bets.

Gambling Wheel Game

Quick Facts