The wheel is set into motion and when it stops a player is paid out according how they bet. Real money Spin and Win is a roulette type game where the player best on where a pointer will stop on a spinning wheel. The modern format is almost a simplified version of roulette and is huge fun to play. Modern online casinos offer a version of Spin and Win for real money that has taken the traditional game to new levels.
The format is still used in South African game shows or TV competitions today so you know that it is hugely popular.
It was an American show that made the host, Pat Sajak, and the hostess, Vana White, household names. The most famous Spin and Win games is probably Wheel of Fortune, a made-for-TV gameshow where the contestants were drawn from the live studio audience and could solve puzzles and spin the big wheel to win prizes. Spin and Win games have been around for eons.