
Big Wheel - Also called the wheel of fortune, Chocolate wheel, Money wheel, Spinning chocolate wheel or Spinning wheel
The big wheel (Chocolate wheel) has 52 slots/sections representing six groups of the six main betting odds. The number of slots in each group is indirectly proportional to the odds they offer (the higher the odds the fewer the slots). The object of the game is to guess in which group slot on the money wheel the indicator will point to when the wheel stops following the spin.
How to play the Big Wheel (Wheel of fortune)
Playing the big wheel (Wheel of fortune) is very simple and no skill is required. Simply place a bet before the big wheel is spun. The dealer grabs one side of the big wheel and spins the wheel with a strong pull in a downward action.
The big wheel then makes a few turns and slowly grinds to a stop. The number that is marked with an indicator points to when the big wheel stops is the winning number. You may bet on one or as many numbers as you like.
Below are the groups division and number of slots in each group, the odds, payoffs and house edge for both.
Australian Money Wheel Slots, Odds and Payoffs
52 slots in total:
24 slots at even, marked $1 pays 1 to 1
12 slots at 3:1, marked $3 pays 3 to 1
8 slots at 5:1, marked $5 pays 5 to 1
4 slots at 11:1, marked $11 pays 11 to 1
2 slots at 23:1, marked $23 pays 23 to 1
2 slots; one Joker and one Logo at 47:1 each, pays 47 to 1
House advantage (Australian money wheel)
Even bet: 7.69%
3:1 bet: 7.69%
5:1 bet: 7.69%
11:1 bet: 7.69%
23:1 bet: 7.69%
Joker or Logo, 47:1 bet: 7.69%
STOP!
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