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There are multiple games available online that offers only a small house edge which in-turn maximizes your winnings over the long run when playing correctly. Wheel of Fortune is not one of those games. Although it is a fun and exciting game with excellent audio and visuals, the house makes big bucks from their edge.

The wheel is comprised of 54 slots, each containing a symbol which indicates the winner if the wheel falls on that symbol. Most wheels contain seven different symbols with the following;

• $1
• $2
• $5
• $10
• $20
• Joker
• Casino logo

In an online Wheel of Fortune game there are boxes to select the specific symbol you would like to place a wager (online casino interfaces vary). The dollar amounts indicate the monetary value9 you will win if the wheel lands on that slot. The rules of Wheel of Fortune are simple; you place your bet on the symbol (dollar amount) you would like to wager on and the dealer spins the wheel. Wherever it stops, the house pays out according to that dollar amount.

The average payout of hitting the Joker symbol is 40-to-1. This may appear to be a great return on a $1 investment. Unfortunately the odds of hitting are terrible since there is only a single Joker on the wheel. Therefore the odds are 53-to-1 to hit with the casino paying out 40-to-1. The house edge in Wheel of Fortune is 11 to 24 percent.  Some casinos offer a payout of 45-to-1 to hit the Joker symbol. This lowers the house edge a bit but it remains extremely high.

Next time you visit a land-based casino, take notice of how the Wheel of Fortune games are placed near the exit. Since this is a terrible way to make money because of the exorbitant house edge, casinos figure players will make one final Hail-Mary of a wager as they leave, hoping to recoup some of their losses. Usually this ends in even more of a monetary loss.

Although fun and exciting, the casino version of Wheel of Fortune is nothing like the game show. The odds are greatly against the player with poor payouts. Many visitors play this game for a short time due to never winning and losing a large chunk of their bankroll. A word to the wise, try to steer clear of this one unless you want some quick thrills with no payout.