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"""Even if you've never set foot in a casino, if you often watch variety shows, you should be familiar with the Big Wheel. The rules of the Big Wheel are very easy to understand and it is very popular in casinos. Just by looking at the Big Wheel, we can know what it offers.
It's easy to understand why so many people enjoy playing the Big Wheel in casinos around the world. The game's rules are very simple (very similar to how you play another classic casino game, roulette, but even simpler in the case of the Big Wheel). It is fast-paced and easily captures people's attention.
So, what makes this game one of the most popular games in the world today? Let's discuss in detail.
What's Most Important in the Big Wheel?
As the name suggests, the Big Wheel features a large wheel, usually with a diameter of over one meter, and is typically divided into 52 segments. Each segment is marked with a number or other symbol.
Unlike roulette, which is horizontally placed, the Big Wheel is placed vertically and is spun by the dealer. No other player, besides the dealer, is allowed to touch the Big Wheel. It faces the audience, making it easier for everyone to place their bets and see the results.
A typical Big Wheel has seven different symbols or numbers, although they may appear with different frequencies. Generally, if a number is indicated on the Big Wheel, the corresponding payout is tied to that number.
For example, if you bet on number 1 (the most common number on the Big Wheel) and the result after spinning is also 1, you will win twice your bet plus your initial stake. If you bet 100 dollars, you will receive 200 dollars (including your initial stake).
Typical Big Wheel games and their odds are as follows:
[Game and Odds Table]
In some casinos, symbols might be used instead of numbers, or there may be slight variations which affect the odds. The game also goes by different names in different places, such as Wheel of Fortune, Big Six, Money Wheel, and Lucky Wheel, among others.
This game is very popular in Australia, New Zealand, Macau, the United States, the United Kingdom, and the Philippines.
How to Play the Big Wheel
The rules of the Big Wheel are very similar to roulette. However, the types of bets in the Big Wheel are much simpler compared to roulette. Players only need to predict which number or symbol the wheel will land on next. They place their chips on that number or symbol to make a bet. Once the dealer indicates that no more bets can be placed, the wheel is spun.
When the spin ends and the wheel comes to a stop on a specific number or symbol, the dealer collects all the chips from losing bets and pays out all winning bets according to the specified odds. Then, a new round begins, and players place their bets again.
Occasionally, the Big Wheel may land on the axle that separates each number (symbol) - though this happens with very low probability. In this case, the dealer declares the round as canceled, and players can either retrieve their bets from the table to leave them for the next spin or change their bets to a different symbol of their choice.
Do We Have a Chance to Win When Playing the Big Wheel?
The Big Wheel is an excellent example for studying casino games. It's easy to play and understand, and it seems quite easy to win bets.
However, upon analysis of the classic Big Wheel popular in Australia, it was found that regardless of how you bet, the casino's advantage (house edge) is about 7.69%. In other words, the player return rate (RTP) is 92.3%.
For variations of the Big Wheel in other countries, the casino's advantage might have slight differences, depending on the numbers or symbols on the wheel.
In fact, in some American casinos, the casino's advantage can be as high as 24.07%.
How Do the Odds in the Big Wheel Compare?
Let's say you decide to bet on number 1. The Big Wheel has a total of 52 segments, and there are 24 of them with the number 1. This means you have a 46.15% chance of winning your bet.
How does this compare to betting on red or black in European roulette?
In European roulette with only one 0, there are 18 red segments, 18 black segments, and one green segment, for a total of 37 segments. If you bet on red or black, you have an 18/37 chance of winning your bet, or a 48.65% chance of winning.
In comparison, the Big Wheel has a 2.5% lower chance of winning.
Another thing to keep in mind when playing the Big Wheel is to avoid falling into the gambler's fallacy trap. Remember, each spin is a completely random and independent event. Any patterns or apparent trends in previous numbers are just random effects. The game doesn't follow any predictable patterns.
Of course, don't be too disappointed with it. The Big Wheel is a highly entertaining, fun, and fast-paced game. It's designed to be simple and easy to understand without sacrificing excitement, allowing you to easily enjoy the game.""" |
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Post time 20-9-2023 20:59:13