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Formerly named the World's largest Roulette Wheel, the hottest Big Wheel Casino is now calling Las Vegas its dwelling. The first Big Wheel was designed by the famed Chicago card player, Frank Lloyd Wright. Frank Lloyd Wright's genius was in creating a larger playing surface that gave the player more odds of winning. In fact, at one time, the Big Wheel was so popular that it had been employed in the Paris Las Vegas Hotel & Casino.  
  
In comparison to the other slots provided by all other casinos in Las Vegas, the Big Wheel provides a much longer"house advantage". The term"house advantage" refers to the casino's profit margin - the amount by which the casino earns more money from every bet than it overlooks the people who put those bets. For every 100 hands of gambling that occur, the casino pays out a profit of about twenty-five dollars. However, because the house edge is a lot higher than the payout, many gamblers prefer to play the wheel over the slots. So, what does this have to do with me? As you might imagine, if there is a greater house advantage, then the casino will pay out more cash to the winners of every game - and each game could be several minutes long.  
  
When you place your bets, you stand a good chance of winning a percentage of your bets. However, you also stand a chance of losing some of your bets, also. Although there are various types of bets in a casino, the big wheel typically offers the highest house advantage. This is why a lot of gamblers prefer to play the big wheel when placing their bets - they know that they have a far better chance of winning some of their stakes, but they do not have to hope that the casino takes all of their winnings!  
  
On the other hand, if you were to place your bets on a casino which has a very low house edge, you have a far greater probability of losing almost all of your winnings. The casino will take quite a bit of your winnings if you aren't careful. For instance, let's say that you put your bets and you win eight out of ten times. But, if you were to lose three out of ten times, you'd still walk away with a relatively small payout - less than half what you would if you had won eight out of ten times.  
  
Now, you may be thinking to yourself that if you just sit at home in front of your computer, you can play the big wheel and keep losing - right? Not so fast! If you put your bets in a casino game with a low house advantage, you have a better probability of winning, albeit a smaller one. As mentioned before, the casino pays out a certain part of your winnings, so you can expect to walk away with a substantially smaller proportion of your total winnings. However, if you were to win eight out of ten times at home, you'd walk away with seventy-eight percentage of your total bet, which is much more than you can expect to get at a casino where the house edge is high.  
  
It should also be noted that in the event that you play the big wheel in the movie version, you stand the better chance of earning some money on the long run. It stands to reason that if you play with the big wheel in video form for eight out of ten times, you stand about a five percent chance of losing all your bets. However, if you were to play the big wheel in movie form for six out of ten times, you stand about a ninety-five percentage chance of losing all of your bets. This difference in the statistical probability of winning and losing is what makes the digital version worth its weight in gold. You will see that when you bet big in movie casino games, you usually walk away with a significantly higher percentage of your winnings.  
  
So what is the big wheel symbol? The symbol that lots of gamblers make reference to is the red one, which represents the casino you are playing in. The house edge on the virtual version is about two per cent, meaning that when you bet on the red emblem, you basically walk away with roughly one hundred percent of your original stake. But when you bet on the black emblem, you lose approximately seventy-two percentage of your initial stake.  
  
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