USE this LINKAs a sensible player you're looking for casino games that experience a small house edge. Everyone knows that one of the vital table games offer better odds and a lower house edge than others do. By far one of the most worst table games is the Wheel of Fortune or Big Six Wheel.
Actually I DO NOT BELIEVE this game need to be considered a table game, as there aren't any chairs for the players to take a seat on. Why? Because nobody of their right mind desires to play this game for extraordinarily long.
The Wheel of Fortune, or Big Six Wheel because it is typically called, is an old carnival game and you have got about as much chance at winning within the casino as you do at the carnival midway. The wheel is ready six feet in diameter. The wheel has 54 slots and every slot has a symbol, to be able to be the winner if the wheel lands in that slot. There are seven symbols on most wheels: $1, $2, $5, $10, and $20, A "Joker" and a "Casino Logo."
In front of the wheel is a table with places so that you can bet at the symbols which might be at the wheel. The dollar amounts at the wheel correspond with the repay you'll receive you probably have the winner. You put your chips at the symbol of your choice. In the end the bets are made the dealer spins the wheel and when it stops the winner is paid in line with the chart below.
At first glance a repay of 40 to one for the joker and the casino logo looks like an attractive nice repay for a dollar bet. After the wheel you notice that the chances of hitting it isn't too good as there's just one joker and one casino logo at the wheel. The actual odds of hitting it's 53 to at least one however the casino is purely paying you 40 to one.
The selection of times the logo appears at the wheel and your true odds of hitting when it comes to the payoff determine the home edge. The house edge ranges from 11 to 24 percent. That is shown within the chart below.
In some casinos the joker and the casino logo spots pay 45 to at least one which lowers the home edge to 14.81 percent for that bet. That remains an overly large house edge.
You now see why the Wheel is a foul bet and will be avoided. One interesting note is that you just often see the large Six Wheel located by the exit to the casino. Many players will make the last desperate bet at the 40 to at least one shot because the head out the door. Don't fall into this little casino trap.
House Edge
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Read More... [Source: About.com Casino Gambling: What's Hot Now]
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