Money wheel
A big upright wheel, six symbols to bet on, and a house edge on every bet – here is how much each one costs you.
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How a spin works
- The wheel stands upright and has 54 segments, each with one symbol.
- You put chips on the same symbol on the betting table: one, two, five, ten, twenty or the logo.
- The wheel spins, and a leather pointer at the top stops it on one segment.
- If it stops on your symbol, you are paid the number on that symbol, to one, and keep your bet. Otherwise you lose the bet.
Spin the simulator above a few dozen times and count how often the logo comes up compared with the one.
What each symbol pays
| Symbol | Pays | Segments | Wins | House edge |
|---|---|---|---|---|
| $1 | 1 to 1 | 24 of 54 | 44.44% | 11.11% |
| $2 | 2 to 1 | 15 of 54 | 27.78% | 16.67% |
| $5 | 5 to 1 | 7 of 54 | 12.96% | 22.22% |
| $10 | 10 to 1 | 4 of 54 | 7.41% | 18.52% |
| $20 | 20 to 1 | 2 of 54 | 3.70% | 22.22% |
| Logo 1 | 40 to 1 | 1 of 54 | 1.85% | 24.07% |
| Logo 2 | 40 to 1 | 1 of 54 | 1.85% | 24.07% |
Las Vegas wheel: 54 segments.
The fewer segments a symbol has, the bigger its payout. But every payout is a little smaller than fair for its chance – that gap is the house edge.
The simulator uses the common Las Vegas layout. Other wheels may split the segments differently, which changes the numbers.
House edge of every bet: cheapest to worst
- One – 11.11% (cheapest)
- Two – 16.67%
- Ten – 18.52%
- Five – 22.22%
- Twenty – 22.22%
- Logo – 24.07% (worst)
Example: bet only on the one, and over many spins you tend to lose about 11.11% of all the money you bet.
Money wheel vs roulette
Even the cheapest money wheel bet (11.11%) costs far more than any bet on a European roulette wheel (2.70%).
No betting pattern lowers these numbers. Each spin is new, and past results do not change the next one – see the gambler's fallacy.
Questions
What is the best bet on the big six wheel?
The one symbol has the lowest house edge at 11.11%. It is the cheapest bet on the wheel, but you still tend to lose that share of your total bets over time.
What is the worst bet on the money wheel?
The logo bet, with a house edge of 24.07%. It pays the most, but it comes up so rarely that it costs you the most on average.
How many segments does a money wheel have?
The standard Las Vegas money wheel has 54 segments. Some wheels split them differently, which changes the house edge of each bet.
Can you beat the wheel of fortune casino game?
No. Every bet has a house edge, and no betting system or pattern changes it, so the casino wins over time.
Is the money wheel better than roulette?
No. Its cheapest bet (11.11%) costs much more than any bet on European roulette (2.70%) or most bets on American roulette (5.26%).