Casino Big Wheel Odds

Wheel of Fortune Odds. The Big Six' and 'Money Wheel', is one of the simplest games players can play in a Brick & Mortar and an online casino alike. Wheel and Table – There are three main variations of roulette which are European, American and French. Roulette Odds – Different betting positions have.

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.

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]

Big Wheel Casino Game Odds

When someone decides to start playing casino games, they are certainly wondering which casino games have the best odds. You are probably wondering the same thing, which is perfectly understandable, as you want to have the best chances of winning.

Each casino game has different odds, so it’s worth exploring what those odds are. That way, you can find the games with the best odds and play only them. It’s all about having the best chances of winning some hefty sums!

If you’re interested in finding those perfect casino game odds, you are in the right place! We did the research for you, so let’s take a closer look at the best casino game odds out there.

How Casino Game Odds Work

Odds are the single most important part of every gambling game, not just casino games. Every game has its own odds, and they are there to show you how likely it is for a specific thing in the game to happen, and how much you can win when it does happen.

Casino game odds are always represented in numbers, but they can still be either fractional odds or expressed in percentages. There are other types of odds as well, but casino games don’t use them.

We won’t bother you with how casinos calculate odds and all other technical stuff, but we still need to talk about the house edge.

Casinos Always Have the House Edge

Every casino has to win more than its players if they want to earn any money, which is why all casino games have odds that are slightly tipped in the casino’s favour.

For example, slots are designed to have a Return to Player (RTP) percentage that’s always slightly lower than 100%, and table games like roulette have the zero field that brings advantage to the house.

Naturally, these are just two examples, but you can still be sure that every casino game has a slight edge that’s never on a player’s side.

Nevertheless, you can still be sure that each legitimate casino has fair odds. The games will never be rigged in a way that prevents you from winning. All casino games are random, so everyone can win big. Gambling laws ensure it, and independent auditors are there to enforce those laws.

Big Wheel Crown Casino Odds

So, with all that in mind, which casino games have the best odds?

Casino Games With the Best Odds

In general, table games usually have the best odds, while slots and wheels of fortune have some of the worst ones, which is why you should avoid them if you’re concerned only about the best odds.

Most experts will tell you the same, even though people will more likely play slots and other machine-based casino games than the table ones. People are usually intimidated by the fast pace of table games and the complexity of rules. However, if you get past that, you will see that you are far more likely to win by playing craps than by playing the Book of Dead slot.

Blackjack — Odds Are Around 49%

Blackjack is the common choice of many professional gamblers, as it usually has the best odds. They stand at 49% in most cases, while the house edge is only 0.5%. This means that, on average, for every CA$1 you bet, you’ll lose only half a penny.

Casino Big Wheel Odds Explained

On top of that, blackjack has the element of skill that can tip the odds in the player’s favour. You’ll need to memorize simple rules like always splitting 4s if the dealer shows a 5 or a 6, or always hitting 12 if the dealer shows 2. You can even bring a cheat sheet containing these rules; the casino won’t mind as this is not illegal.

The main point with blackjack is that you play against the dealer, so even if there are other players, all of you are betting against the dealer.

Blackjack is still a luck-based game, but if you combine the generous odds and a little bit of skill, you’ll have big chances of winning.

Craps — Odds Are Almost 50%

After blackjack, craps is usually considered to have the second-best odds. However, unlike blackjack, craps is almost entirely a luck-based game, but since you can place different bets, your chances can change. If you make very specific bets, your odds drop, but if you bet on whether or not the shooter (the person tossing the dice) will win, your odds will always be near 50%.

You don’t have to know a lot about craps, as all you need to do in order to have those great odds is to bet on a simple dice roll. However, it’s still good to learn more about the game so that you can place other bets with lower odds but better payouts.

Roulette — Odds Are Almost 50%

Roulette consists of a wheel with the numbers 1–36 on it and a zero field. American roulette also has a double zero field. As the numbers from 1 to 36 are either black or white, you should have a 50/50 chance of winning when betting on a colour. However, since there is also a zero field, your odds are slightly lower, and with the additional double zero field, your odds are even lower. The green zero is the number that gives the house the edge it seeks.

Remember, your odds are still near 50%, which is why roulette is often considered to have some of the best odds of all casino games.

The main thing about roulette is that it is entirely based on luck, but with such high odds, you stand to win a lot more than by playing slots.

Poker — The Wildcard

Besides those three games, we should mention poker as well. However, with poker, players have a lot more control over their odds than with any other casino game. That’s why skilled poker players can win a lot by relying on their skills and not just luck, but beginners will have dramatically lower odds.

Big Wheel Casino Game

Because of this, you will have to develop some poker skills before you actually start playing it, if you want to have great odds. Also, we advise you to play the game online during the night, as that’s when most of the players are there for recreational play.

Casino Table Game Odds

Summary

To summarize, most experts agree that you’ll have the best chances of winning if you decide to play blackjack, craps, or roulette. For blackjack, you could do better with some skill; for craps, you’ll mostly have to rely on luck; for roulette, you’ll only need luck. And if you want to play a game based on your skills, you should play poker, as your odds get higher when you improve your skills.

Naturally, you shouldn’t take any of the odds for granted, as gambling is still largely based on luck. So, play responsibly, and don’t bet more than you’re prepared to lose!