The Casino’s Wheel of Fortune

When people think of betting and gambling, an image that may arise in their mind is the brightly colored carnival style spectacle that is the Wheel of Fortune, also known as the Big Six Wheel. This is an extremely old, classic game that often draws players in with bright lights and colors, but it is also one of the hardest games to win as it is totally based on chance.

Usually a Wheel of Fortune has a diameter of approximately six feet. On it are fifty four separate slots, each with a symbol on it. Most wheels have seven different symbols, although it can vary between different models. The most common symbols are monetary values 1, 2, 5, 10 and 20, a Joker and a Casino Logo. There will be a table sitting in front of the wheel itself on which you can place bets for different symbols. The symbols with cash amounts correspond to the pay off you will win if the wheel lands on your choice. After you place your chips on the area of the table corresponding to your symbol, the dealer will spin the wheel.

The Joker and the Casino Logo, or whatever one off symbols a particular wheel uses, usually result in quite impressive pay offs such as 40 to 1. Although at first this seems rather impressive, there are usually only one of each on the entire wheel and the chances of hitting it are very slim. Not only that, but the true odds of hitting that symbol will be 53 to 1, but casinos will pay you much less than that as the Wheel of Fortune has a high house edge.

Don’t be drawn in by the glitz and glamour of the Wheel of Fortune. Although it may be entertaining to play for a couple of spins, the high house edge and poor odds on this game make it a potential money trap if you spend too long playing.