Money Wheel Game
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Money Wheel offers a maximum payout up to 50:1. It comes with a side-bet option, which is based on Hoo Hey How, a traditional Chinese dice game. There are pretty and lovely hosts who spin the wheel and interact with the players!
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).
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:
- 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]
Online casino operators have upped their game in recent years by sourcing well-designed live casino games to add value to their catalogue.
Whether listing variations on classic games like slots, blackjack and baccarat or inventing a brand new concept, casino game software developers take things to the next level as they create appealing and entertaining games of chance.
While online casino classics will always be the first choice for many, these recent updates in the Live Casino category have us enthralled. Game show type games will have you predicting the outcome of the round as you place your bet on where the wheel will stop for real money cash prizes.
Live casino games offer all the action, thrills and spills in a live-streamed environment where professional virtual hosts keep you on the edge of your seat.
If you have never played Monopoly Live, Crazy Time, Mega Wheel or Adventures Beyond Wonderland, discover everything you need to know below and give these games a try at your favourite online casino today.
Monopoly Live
As with all money wheel games, the game centres around a wheel of fortune which uses a flapper that points to the winning selection. You start the game by placing your bets to predict where you think the wheel will stop and to which segment the flapper will indicate.
As the money wheel consists of numbers and bonus rounds, you can bet on all the numbers and bonus rounds, should your bankroll allow for your best chance at a win. Given that your stake would be relatively high in that instance, you may find that placing more strategic bets will yield a higher return.
In this game, the bonus round is where this game comes alive with those who bet on and successfully predict that the wheel will yield 2-rolls, 4-rolls or Chance launching a mini-game. While the Chance card immediately awards an instant prize like a multiplier, the other two bonus rounds ask that you roll a pair of dice. The value of the dice roll will send Mr Monopoly marching the equivalent number of steps on the board, with each square securing a predetermined multiplier with a chance of scoring a life-changing sum of money.
Crazy Time
This popular online casino game (often thought of as the original Live Casino money wheel game), has been the starting point for newer variations of late.
Launching the game greets you with the sights and sounds of a TV studio where, through various camera angles and effects, you feel like you are right in the centre of the action.
Once you have placed your bets, the host spins the wheel to determine the outcome as you win 1x, 2x, 5x or 10x your stake, or trigger a bonus round. Crazy Time has four bonus rounds that will have you selecting a symbol from a wall of icons, flipping a coin to score a multiplier or watching your puck make a journey down a vertical wall filled with pegs to determine your prize.
The Crazy Time bonus round, considered the most lucrative round, will require that you pick a colour and spin a wheel to win as much as 20,000x your stake.
Adventures Beyond Wonderland
Themed around the storybook classic, Adventures Beyond Wonderland has a few fantastic bonus rounds where you can unlock multipliers of up to as much as 50x your stake. Place your bets on numbers 1, 2, 5 and 10 or a bonus round to start your winning journey as the virtual host spins the wheel in real-time.
In addition to landing on numbers or bonus rounds, this online casino game may reward you with a random multiplier once you have placed your bets with a caterpillar blowing a bubblegum balloon and assigning the multiplier to a specific segment on the wheel.
Should you trigger the 2 or 5 WonderSpins bonus round, the wheel rotates on its axis to reveal another money wheel – this time the numbers are replaced with storybook characters, each with a specific multiplier. With stunning 3D animation and dynamic sound effects, it’s easy to get swept away with the action as you play the game for hours on end.
Free Money Wheel
Mega Wheel
Mega Wheel by Pragmatic Play has a broader range of numbers for you to place your bets, with each number holding a potential randomly generated multiplier of as much as 500x your stake. Once you have made your selection or chosen to bet on all the numbers, the wheel starts spinning to determine the outcome.
While the game may not hold much in the way of appeal for players who enjoy intricate bonus rounds and mini-games, the simplicity is ideal for those who are new to the online casino game market, offering an excellent insight into the understanding of money wheel games.
Money Wheel Game Show
When it comes to the Return To Player (RTP) and volatility, these games all hover around the 95% mark but can yield big wins if Lady Luck is on your side. Out of all Live Casino games, these are a great deal of fun and will get your heart racing as each multiplier grows your prize while your fellow players cheer you on!