- Money Wheel Online
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- Money Wheel App
Lottery wheel systems for lotto games, producing combinations (lines) of lottery ticket numbers that cover a certain range of numbers and guarantee winners. Money Wheel What would happen if you combined the betting style from Blackjack, the spinning disk from wheel of fortune and a number based landing system like in Roulette? The answer, is the new table game from Play N Go, Money Wheel, so far aimed at the Asian markets, we will hopefully see it here soon also. All of our money wheels have a standard 50 sections. We take great pride in hand-balancing every one of our wheels in our facility in Dallas, Texas. Our durable dry-erase laminate finish easily wipes clean, even after several months! Don't be fooled by cheap plastic prize wheels. This is a fun and interactive self-test that shows you the strengths and weaknesses in your financial plan. Find out now where you are out of balance before it costs you money. Take the money wheel. Flower Money Tree; Gifting Wheel; How a Gifting Circle works. A Gifting Circle is a clever way of sugar-coating the words “pyramid scheme”. It’s an elaborate, expensive scam that primarily targets women. They go by a number of different names, and often come with a made up history about helping women through war times.
Introduction
The Money Wheel was launched at the Jackpot Casino in Red Deer, Alberta, in June 2011. It is a variation of Big Six, which is the game with the large vertical wheel, usually found near the entrance of casinos and usually dealt by an attractive female dealer. What makes the Money Wheel different is 56 stops instead of 54, and some of them are multipliers. The house edge is also much lower than Big Six, as my analysis below will show.
Rules
- The player may bet on $1, $2, $5, $10, $20, or $40.
- All bets are paid on a to one basis according to the odds of the bet itself. For example, a bet on $5 would pay 5 to 1.
- Four positions on the wheel will multiply any win, known as a Lucky Lucky. Two Lucky Lucky spots multiply the next win by 2x, one 3x, and one 5x. If Lucky Lucky sounds familiar, it is because Lucky Lucky is also a blackjack side bet, both invented by the owner of the Jackpot Casino.
- If the wheel stops in any Lucky Lucky, then all bets will remain in place. No new bets will be allowed. The outcome of the next spin will determine the winning wager, as usual, but the odds will be multiplied by 2, 3, or 5, depending on which Lucky Lucky the wheel stopped in the previous spin.
- In the event the wheel stops in a Lucky Lucky twice in a row, then all wagers will lose.
- The following table shows how the wheel is apportioned.
Let's look at an example. The player bet $20 on the $5 spot. The wheel lands in the 3x Lucky Lucky. The next spin it lands in $5. The player would win $20×$5×3=$300.
Money Wheel Distribution
| Stop | Number on Wheel |
|---|---|
| $1 | 23 |
| $2 | 15 |
| $5 | 7 |
| $10 | 4 |
| $20 | 2 |
| $40 | 1 |
| 2x Multiplier | 2 |
| 3x Multiplier | 1 |
| 5x Multiplier | 1 |
Analysis
The following table shows the possible outcomes for the $1 bet. The lower right cell shows a house edge of 6.12%.
$1 Bet Analysis
| Event | Pays | Combinations | Probability | Return |
|---|---|---|---|---|
| 5x Lucky Lucky win | 5 | 23 | 0.007334 | 0.036671 |
| 3x Lucky Lucky win | 3 | 23 | 0.007334 | 0.022003 |
| 2x Lucky Lucky win | 2 | 46 | 0.014668 | 0.029337 |
| Standard win | 1 | 1288 | 0.410714 | 0.410714 |
| Loss | -1 | 1756 | 0.559949 | -0.559949 |
| Total | 3136 | 1.000000 | -0.061224 |
The following table shows the possible outcomes for the $2 bet. The lower right cell shows a house edge of 6.25%.
$2 Bet Analysis
| Event | Pays | Combinations | Probability | Return |
|---|---|---|---|---|
| 5x Lucky Lucky win | 10 | 15 | 0.004783 | 0.047832 |
| 3x Lucky Lucky win | 6 | 15 | 0.004783 | 0.028699 |
| 2x Lucky Lucky win | 4 | 30 | 0.009566 | 0.038265 |
| Standard win | 2 | 840 | 0.267857 | 0.535714 |
| Loss | -1 | 2236 | 0.713010 | -0.713010 |
| Total | 3136 | 1.000000 | -0.062500 |
The following table shows the possible outcomes for the $5 bet. The lower right cell shows a house edge of 10.71%.
$5 Bet Analysis
| Event | Pays | Combinations | Probability | Return |
|---|---|---|---|---|
| 5x Lucky Lucky win | 25 | 7 | 0.002232 | 0.055804 |
| 3x Lucky Lucky win | 15 | 7 | 0.002232 | 0.033482 |
| 2x Lucky Lucky win | 10 | 14 | 0.004464 | 0.044643 |
| Standard win | 5 | 392 | 0.125000 | 0.625000 |
| Loss | -1 | 2716 | 0.866071 | -0.866071 |
| Total | 3136 | 1.000000 | -0.107143 |
The following table shows the possible outcomes for the $10 bet. The lower right cell shows a house edge of 5.61%.
$10 Bet Analysis
| Event | Pays | Combinations | Probability | Return |
|---|---|---|---|---|
| 5x Lucky Lucky win | 50 | 4 | 0.001276 | 0.063776 |
| 3x Lucky Lucky win | 30 | 4 | 0.001276 | 0.038265 |
| 2x Lucky Lucky win | 20 | 8 | 0.002551 | 0.051020 |
| Standard win | 10 | 224 | 0.071429 | 0.714286 |
| Loss | -1 | 2896 | 0.923469 | -0.923469 |
| Total | 3136 | 1.000000 | -0.056122 |
The following table shows the possible outcomes for the $20 bet. The lower right cell shows a house edge of 9.44%.
$20 Bet Analysis
| Event | Pays | Combinations | Probability | Return |
|---|---|---|---|---|
| 5x Lucky Lucky win | 100 | 2 | 0.000638 | 0.063776 |
| 3x Lucky Lucky win | 60 | 2 | 0.000638 | 0.038265 |
| 2x Lucky Lucky win | 40 | 4 | 0.001276 | 0.051020 |
| Standard win | 20 | 112 | 0.035714 | 0.714286 |
| Loss | -1 | 3016 | 0.961735 | -0.961735 |
| Total | 3136 | 1.000000 | -0.094388 |
The following table shows the possible outcomes for the $40 bet. The lower right cell shows a house edge of 11.35%.
$40 Bet Analysis
| Event | Pays | Combinations | Probability | Return |
|---|---|---|---|---|
| 5x Lucky Lucky win | 200 | 1 | 0.000319 | 0.063776 |
| 3x Lucky Lucky win | 120 | 1 | 0.000319 | 0.038265 |
| 2x Lucky Lucky win | 80 | 2 | 0.000638 | 0.051020 |
| Standard win | 40 | 56 | 0.017857 | 0.714286 |
| Loss | -1 | 3076 | 0.980867 | -0.980867 |
| Total | 3136 | 1.000000 | -0.113520 |
Strategy
The lowest house edge is on the $10 at 5.61%. My advice is to bet on that only.
Comparison to Big Six
Money Wheel Online
The following table compares the Money Wheel to four versions of Big Six, also known as the Wheel of Fortune. As you can see, the average house edge is much lower on the Money Wheel compared to American Big Six. You would have to go to Australia to get a better average bet on a vertical wheel. The best single bet anywhere, including Australia, is the $10 at 5.61% house edge on the Money Wheel.
Money Wheel to Big Six Comparison
| Bet | Money Wheel | Big Six Las Vegas | Big Six Atlantic City | Macau | Australia |
|---|---|---|---|---|---|
| $1 | 6.12% | 11.11% | 11.11% | 7.69% | 7.69% |
| $2 | 6.25% | 16.67% | 16.67% | ||
| $3 | 7.69% | 7.69% | |||
| $5 | 10.71% | 22.22% | 22.22% | 7.69% | 7.69% |
| $10 | 5.61% | 18.52% | 18.52% | 15.38% | |
| $11 | 7.69% | ||||
| $20 | 9.44% | 22.22% | 22.22% | 19.23% | |
| $23 | 7.69% | ||||
| $40 | 11.35% | 24.07% | |||
| $45 | 14.81% | 11.54% | |||
| $47 | 7.69% | ||||
| Average | 8.25% | 19.14% | 17.59% | 11.54% | 7.69% |
Written by: Michael Shackleford
Introduction: DIY Money Wheel
Take the wheel for a spin and win some Cash... ranging from $.25 to $10!
Step 1: Materials
You will need:
banana stand
Screwdriver
Nails
Paper Plate
Sharpie
Duct tape
Clamp
Binder Clip
Hot Glue Gun
Step 2: Making the Wheel
To make the wheel, gather your plate, sharpie, hot glue gun, nails, and ruler.
To make the 'slot', first draw a line, and the next line should be 2.5 inches from the first line.
After you are done, take a small circle item, and trace in the middle of the plate where all the lines intersect.
You may color the inner circle if you choose.
Trace the outer lines with a sharpie.
Add the nails to each of the lines, and one in the middle
Write in correct money values.
Step 3: The Stand
To make the stand, gather the banana stand, duct tape, eraser, screwdriver, clamp, and binder clip.
Duct tape the screw driver to the top of the stand, so the driver part sticks out (this will be used to spin the wheel.)
Insert the plate onto the screwdriver, and then the eraser goes into the screwdriver over the plate (so the wheel does not go all wiggly)
Cut out a triangle shape out of duct tape, and attach to binder clip.
attach the binder clip to the clamp, and bend so the arrow is pointing down.
Find where the point is that the duct tape arrow will spin at, and duct tape the clamp to the stand.
Step 4: TAKE a SPIN
So here's how it works...
It's a gambling game...
Have someone pay you five dollars to play, give them one spin, and what they land on they can keep.
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