Wheel of Fortune, also known as "The Big Six" and "Money Wheel", is one of the simplest games players can play in a Brick & Mortar and an online casino alike. The catch is that, more than in most other games, Luck is really a deciding factor in this one. Other than logical guidelines one should keep in mind while playing this game, there aren't any methods enlarging player's odds of winning. Keeping the almost pure luck factor in Wheel of Fortune, this article will survey the odds of this classic game, applicable to the standard rules of online casinos.
Wheel of Fortune Odds
Wheels of Fortunes in online casinos and brick & mortar casinos alike mostly consist of 54 boxes which are divided into different segments, usually 6 or 7. These segments are sums of $1, $2, $5, $10, $20 and usually two Logos, commonly a Joker and a Re-spin.
This chart bases itself on these parameters:
$1 Bet featured 24 times on the wheel, the probability of winning is 44.44%, House Edge is 11.11%.
$2 Bet featured 15 times on the wheel, the probability of winning is 27.78%, House Edge is 16.67%.
$5 Bet featured 7 times on the wheel, the probability of winning is 12.9%, House Edge is 22.22%.
$10 Bet featured 4 times on the wheel, the probability of winning is 7.41%, House Edge is 18.52%.
$20 Bet featured 2 times on the wheel, the probability of winning is 3.70%, House Edge is 22.22%.
The two logos (Joker, Re-spin, etc) are featured only one time on the wheel, the probability of winning is 1.85% and the House Edge is the highest with 24.07%.
As it is clearly visible, as we high up the ante on the Wheel of Fortune, we reduce the odds. For fun and fast wins betting on $1 and $2 in online casinos is most recommended. $5 could also be considered though it is taking a tad bigger risk.
The odds are greatly reduced from $10, understandably, but perhaps this is where the fun begins because nobody but lady luck can say if your risk will yield great fruit. For those who are interested in feeling the pure adrenaline of the Wheel of Fortune experience in an online casino, perhaps it will be the wisest to conserve a specific sum out of one's bankroll to the higher bets the wheel has to offer.