Whammy! The all new Press Your Luck
   
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All About Whammy!

Whammy! was first Second Chance and then renamed to Press Your Luck. It ran in the 1980's with the host Peter Tomarken. It featured a character named "the whammy" that would steal your money when you landed on him. People would try to avoid the whammy and often yelled "Big Bucks, No Whammies."

Game Show Network and Fremantle have brought back this show. They have done some changes like making Todd Newton the new host, changing the board, and adding a new square called the "Double Whammy." Along with the new squares is some old familiar ones, "Big Bucks", "$5,000 + spin", and many others.

Quote from Game Show Network:

"Round One - The Bonus Board:
Each player gets a chance to spin the big board for cash & prizes. Prior to each spin, the players get the option to either "freeze" their winnings, or to "press their luck" until they choose to "freeze" or hit the "whammy". If they freeze, they get to hold onto their winnings into the next round. But if the player hits the whammy, he/she loses all of their winnings up to that point and also loses their turn for this round.

Round Two - The Question Round:
Todd Newton asks the three players a question. The first person to buzz in with a correct answer gets three spins in the next round. Then the other two players are given three answers to chose from. If they choose correctly, they then receive one spin in the next round. If the player buzzes in with a wrong answer, or chooses the wrong answer, then they do not receive any spins

Round Three - The Final Bonus Board Round:
The three contestants play the spins they’ve earned in the question round on the bonus board to win cash, prizes, or more spins. The player has the option of playing their spin, or passing it on to another player. If a player has spins passed on to him/her, that player must play spins passed to them, but can pass spins to other players. The player with the most cash & prizes at the end of this round wins!"