Wheel of Fortune is a game made popular by the game show which has been on TV for decades. In casinos, it's often referred to as Wheel of Fortune, Money Wheel or Big Six. It's available in machine form or as a live game, which is what we will discuss here. In wheel of fortune, players bet on which Slot they believe the wheel will land when it stops. In the US, the wheel in Wheel of Fortune has 54 slots, and 52 slots in Australia. Wheel of Fortune is quite similar to Roulette in many ways, since there is no skill involved, and players can bet on groups of Slots which are directly related to odds of winning and the resulting payoffs.
A Wheel of Fortune machine typically consists of the following symbols: $1, $2, $5, $10, $20 a Joker and the logo of the casino where the game is located. Bets are placed in the front of the table where the wheel is located, and the specific symbols on the wheel are what dictate the payout. With Wheel of Fortune, the claim is that there is a 1 in 40 chance of winning, though it seems to be much less than that. The House Edge for Wheel of Fortune/Big Six ranges from 11% to 23% therefore, it is a game that promises more consistent payouts to players.
Rules: The Process of Playing Wheel of Fortune:
- Before the wheel is spun in Wheel of Fortune, players are asked to place their bets. They place their wager on a category of slot on the wheel, and minimum bets are dependent upon each individual casino. However, minimum bets most common are $5.00 for even money bets, and $2 for the rest
- Players do not need to bet on just one number or group of slots in Wheel of Fortune, they can place multiple bets for each round of the game with no maximum. Naturally, with more bets placed the odds increase, but so does the potential amount that players will lose if their bets do not come up on the wheel when it stops
- After all players at the table have placed their bets, the dealer will spin the wheel by grabbing one side, pulling it back and pushing it downwards so it goes into a strong spin. The wheel will turn, until it eventually grinds to a stop
- Once the wheel stops the indicator will point to the winning number which will then determine the payoff amount
Betting Options and Payoffs in Wheel of Fortune
Wheel of Fortune Rules
- Even Slots marked $2 - payoff is 2:1
- 15 Slots = payoff is 2:1
- 7 Slots - payoff is 5:1
- Slots marked $5 - payoff is 5:1
- 4 Slots - payoff is 10:1
- Slots marked $10 - payoff is 10:1
- 1 and 2 Slots - payoff is 20:1
- Slots marked $20 - payoff is 20:1
- Joker and Logo Slots - payoff is 40:1
Rules: Australian Wheel of Fortune
- Even Slots marked $2 - payoff is 1:1
- 12 Slots =-payoff is 3:1
- Slots marked $2 - Payoff is 3:1
- 8 Slots - payoff is marked 5:1
- Slots marked $5 - payoff is 5:1
- 4 Slots - payoff is 11:1
- Slots marked $11 - payoff is 21:1
- Slots marked $23 - payoff is 47:1
- Joker and Logo Slots - payoff is 47:1
Note: the house advantage varies with each version of Wheel of Fortune, and note that the higher the payoff the lower the odds of hitting that number are since there are fewer slots of that kind on the Wheel of Fortune Wheel.
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