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The Money Wheel | |
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Country of origin | United States |
Original language(s) | English |
Release | |
Original network | CNBC |
Original release | April 17, 1989 – January 16, 1998 |
Chronology | |
Followed by | 10am to 12 noon: Market Watch 2 to 3pm: Street Signs |
The Money Wheel was a business news television program aired on weekdays on the CNBC network from its inception in 1989 until 1998. Initially, The Money Wheel covered almost all of the channel's business day hours, airing continuously from 8:30 a.m. to 5:30 p.m. ET each day.[1] The show's hours were later cut back to 10 a.m. to 12 noon and 2 to 3 p.m. ET as other programs were introduced to the schedule. The show gave viewers the latest market action on Wall Street as the trading day progressed.
Wheel and BINGO unite for a fun family game! Compete to win real money, just like the contestants on the show! Wheel of Fortune. Money Wheel (also called Cash Wheel, or in some countries Big Six wheel) is normally played on a vertical rotary big wheel with a fixed gauge/pointer on the edge. The wheel has 54 (USA) or 52 (Australia) slots/sections signifying various repeating groups of the six principal betting symbols. A contestant's puzzle guess is too much for the game show host to handle Wheel of Fortune host Pat Sajak lost his cool and walked off the set during taping in Hawaii this week after a contestant's.
The Money Wheel was hosted by many anchors of CNBC, including Ted David, Felicia Taylor, Bill Griffeth, Sue Herera, Ron Insana, Terry Keenan, John Stehr and Kevin McCullough.
How To Win At The Money Wheel
Regular segments included Taking Stock where viewers could phone-in and ask the guest analysts' recommendations on certain stocks.
![The money wheel llc The money wheel llc](https://pictures.topspeed.com/IMG/crop/200907/brad-pitt-s-latest-c_600x0w.jpg)
As a result of CNBC's alliance with Dow Jones, the show was renamed Market Watch in the morning and was replaced by an extended Street Signs in the afternoon. At the time, most segments remained the same.
International Editions[edit]
CNBC's two main international channels, CNBC Europe and CNBC Asia, aired regional versions of the programme to give viewers live action of regional markets.
References[edit]
The Money Wheel
- ^Carter, Bill (April 10, 1989). 'THE MEDIA BUSINESS: Television; NBC Walks Into a Cable Minefield'. The New York Times. Retrieved 2007-10-19.
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Retrieved from 'https://en.wikipedia.org/w/index.php?title=The_Money_Wheel&oldid=977364206'
The Basics: This game called Big Six, Money Wheel, or Wheel of Fortune is played on a vertical rotary large wheel with a fixed indicator/pointer on the edge. The wheel has 54 (USA) or 52 (Australia) slots/sections representing six groups of the six main betting odds. The number of slots in each group is indirectly proportional to the odds they offer (the higher the odds the fewer the slots). The object of the game is to guess in which group slot on the big six money wheel the indicator will point to when the wheel stops following the spin.
How to Play the Money Wheel: Playing the money wheel is very simple and requires no skill. Just place your bet before the big six money wheel is spun. When all bets are placed, the dealer grabs one side of the wheel and spins the wheel with a strong pull and push downward action.
The wheel then makes a few turns and slowly grinds to a stop. The marked number the indicator points to when the wheel stops is the winning number and payoff amount. You may bet on one or more numbers at the same time. Below are the groups division and number of slots in each group, the odds, payoffs and house edge.
The wheel then makes a few turns and slowly grinds to a stop. The marked number the indicator points to when the wheel stops is the winning number and payoff amount. You may bet on one or more numbers at the same time. Below are the groups division and number of slots in each group, the odds, payoffs and house edge.
Big Six Money Wheel Slots, Odd and Payoffs:
54 slots in total:
24 slots at even, marked $1 pays 1 to 1
15 slots at 2:1, marked $2 pays 2 to 1
7 slots at 5:1, marked $5 pays 5 to 1
4 slots at 10:1, marked $10 pays 10 to 1
2 slots at 20:1, marked $20 pays 20 to 1
2 slots; one Joker and one Logo at 40:1 each, pays 40 to 1 (some places pays 45 to 1)
54 slots in total:
24 slots at even, marked $1 pays 1 to 1
15 slots at 2:1, marked $2 pays 2 to 1
7 slots at 5:1, marked $5 pays 5 to 1
4 slots at 10:1, marked $10 pays 10 to 1
2 slots at 20:1, marked $20 pays 20 to 1
2 slots; one Joker and one Logo at 40:1 each, pays 40 to 1 (some places pays 45 to 1)
House Advantage:
Even bet: 11.11%
2:1 bet: 16.67%
5:1 bet: 22.22%
10:1 bet: 18.52%
20:1 bet: 22.22%
Joker or Logo, 40:1 bet: 24.07% (14.81% at 45:1)
Even bet: 11.11%
2:1 bet: 16.67%
5:1 bet: 22.22%
10:1 bet: 18.52%
20:1 bet: 22.22%
Joker or Logo, 40:1 bet: 24.07% (14.81% at 45:1)