*Possible Spoiler For Some Newbies*
There are two types of effects: a repeatable one and a one time one.
A one time wish grants just that: just that particular wish once whereas a repeatable one can be used over and over again.
Some repeatable ones include healing all the party, be invulnerable etc...
The one timer ones include a special adventure, creating the Full Plate +2, Protection from Undead, Be More Rich, Be More Experienced and I can't remember the rest.
Try it out to see what you might get, although wishing for more than 3 times a day is pushing the genie (dao) a little out of his bottle.
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