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Spingo

Introduction

Spingo is a unique game that combines elements of a spinning wheel and bingo, typically found in online gambling platforms. Microgaming The gameplay starts with a ball being randomly selected from a mix of 21 balls within a loader, which includes two balls each numbered from 1 to 10, along with a single ball marked zero.

Rules

  1. Once selected, the ball is released into a spinning wheel that consists of 25 colored slots.
  2. The following chart details the different betting options one can choose from.
    • Yellow: 8 slots.
    • Red: 8 slots.
    • Blue: 8 slots.
    • Green: 1 slots.
  3. All winnings are calculated on a \"to one\" basis, meaning that players retain their initial stake when they win. However, in practice, the odds are presented on a \"for one\" basis, indicating that the original wager isn't returned upon winning. A \"combination\" bet involves placing a wager on a specific number (ranging from 1 to 10) and any color other than green.

The tables below illustrate my assessment of each type of bet. Winnings are shown on a \"to one\" basis. The probability section indicates the quantity of combinations divided by a total of 525 combinations, which is the result of multiplying the 21 numbered balls by the 25 slots found on the wheel.

Spingo Pay Table

Game Pays (to one)
Red 2
Yellow 2
Blue 2
Green 23
Specific number (1 to 10) 9
Zero 19
Odd/Even 1
1 to 5 / 6 to 10 1
Combination of number and color 31

Analysis

This return table outlines all bets that provide even money payouts, including options for odd or even numbers, as well as ranges of 1 to 5 and 6 to 10. The bottom right corner of the table reveals a house edge of 4.76%.

This return table is dedicated to bets placed on the colors red, blue, and yellow. The lower right corner indicates a house edge of 4.00%.

Even Money Bets

Event Pays Combinations Probability Return
Win 1 250 0.476190 0.476190
Loss -1 275 0.523810 -0.523810
Total   525 1.000000 -0.047619

Presented here is the return table for the green bet. In the lower right cell, you can see that the house edge is 4.00%.

Red, Blue and Yellow Bets

Event Pays Combinations Probability Return
Win 2 168 0.320000 0.640000
Loss -1 357 0.680000 -0.680000
Total   525 1.000000 -0.040000

This return table covers the bets made on the range of 1 to 10. The house edge shown in the lower right corner is 4.76%.

Green Bet

Event Pays Combinations Probability Return
Win 23 21 0.040000 0.920000
Loss -1 504 0.960000 -0.960000
Total   525 1.000000 -0.040000

The following return table pertains to the zero bet. The lower right cell reflects a house edge of 4.76%.

1 to 10 Bets

Event Pays Combinations Probability Return
Win 9 50 0.095238 0.857143
Loss -1 475 0.904762 -0.904762
Total   525 1.000000 -0.047619

This table summarizes the return for combination bets, which are based on a chosen number (from 1 to 10) and a color (either red, blue, or yellow). The lower right corner indicates a house edge of 2.48%.

Zero Bet

Event Pays Combinations Probability Return
Win 19 25 0.047619 0.904762
Loss -1 500 0.952381 -0.952381
Total   525 1.000000 -0.047619

Considering the lowest house edge of 2.48%, I recommend focusing solely on combination bets. You have the option to combine multiple bets with lower house edges as well. For instance, instead of wagering $3 on number 5 to win $27, you could bet $1 on red 5, yellow 5, and blue 5, totaling $29 in winnings if any of those bets succeed.

Even Money Bets

Event Pays Combinations Probability Return
Win 31 16 0.030476 0.944762
Loss -1 509 0.969524 -0.969524
Total   525 1.000000 -0.024762

Strategy

It's interesting that the bet with the highest variance offers the lowest house edge, but that's the reality of the game.

Access mathematically sound strategies and insights for various casino games like blackjack, craps, roulette, and many others available for play.