Lucky Streak is a game pony. Chance is his passion. so to share it with everypony, he devised a simple game. It also shows his generosity, because if anypony wagered a lot on his game and lost it all, he'd give them back half of whatever they lost.

First thing is, you wager what you think you can handle. bits, apples, an article of clothing, anything. He's not stingy. your stuff is welcome regardless (within reason of course). Once it's determined, give his wheel a spin. If you land on green, you advance to the next level of prizes, or take the prize from the round your own and leave. If you advance, a green wedge, picked at random, becomes red and the game continues.

If you claim the first round prize, you can either take back what you wagered, or get something small like a pin, badge or trinket. 2nd round ups it by either allowing you to earn a couple trinkets, some bits, ect.

It goes on and on until either someone loses by landing in the red, or reaching round 6 and winning. the grand prize is whatever you want, and he'll pay for it, so long as it isn't too much of an expense. A meal, some sweets, a bushel of apples ect.

He's only able to continue with these games of chance because of a small fortune he had earned when he was younger from his parents. Sure they wanted him to be some sort of big time hoity toity, but he would much rather play a spin and see who can come out on top or fall flat on their rump. So he travels around offering people a chance to earn some coin.