Monopoly Big Spin

Introduction

Monopoly Big Spin is a thrilling game developed by Scientific Games, available for play at Draft Kings. This game follows the big six format where players place bets on the stopping point of a prize wheel. Certain wagers can result in unexpected wins determined by a Bonus Wheel mechanism.

Rules

1. The game features a spinning wheel with various possible outcomes that players can wager on. The table below outlines the different betting options and their corresponding payouts.
2. All wins are on a \"to one\" basis.
3. Should a player place a bet on one of the eight colors, utilities, or railroads, and if the wheel halts in one of those sections, they will receive a reward according to the odds specified in the table.
4. Landing on Chance, Community Chest, Go, or Free Parking will activate the Bonus Wheel, with potential rewards displayed below.
5. Winning on Chance and Community Chest will result in a single spin of the Bonus Wheel.
6. A win on Go will offer a payout of 40 plus one additional spin on the Bonus Wheel.
7. Wins from Free Parking will amount to 30 plus the total of two spins on the Bonus Wheel.

Example

In the image below, I placed bets on four options that guarantee a win of at least one Bonus Spin.

The wheel lands on Chance, activating one Bonus Spin.

The outcome of the Bonus Wheel is purple, yielding a payoff of 9 to 1.

I wagered $1 on Chance, resulting in a total 'win' (without deducting my lost wagers and including my original bet) amounting to $10.

Analysis

The table below illustrates the potential results of the Bonus Wheel, my approximated weighting, likelihood, and average win contribution. While I do not assert that the weights are entirely precise, they were meticulously selected to achieve an average win of 21.973333, which I believe is accurate based on the provided assistance documentation.

The subsequent table displays all possible wagers, average payouts, winning probabilities, and expected returns.

Written by: Michael Shackleford