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  #1  
Old 03-03-2006, 11:59 AM
BreakfastBurrito BreakfastBurrito is offline
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Default Deal or No Deal

So there was a guy on last night with 3 suitcases left. $500,000 in one, $300 and $400 were also on the board. He opted for no deal with an offer of $167,000 on the table. I was floored, absolutely floored by how bad of a decision I thought this was. Anyone feel differently?

First time I had watched the show though and actually was extremely entertained.
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  #2  
Old 03-03-2006, 12:02 PM
The Truth The Truth is offline
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Default Re: Deal or No Deal

I like taking the money, isn't it slightly more +ev?

blake
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  #3  
Old 03-03-2006, 12:04 PM
swede123 swede123 is offline
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Default Re: Deal or No Deal

So he turned down 167K with a 1/3 chance at 500K? If this is correct I agree it was a bad move.

Swede
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  #4  
Old 03-03-2006, 12:04 PM
Needle77 Needle77 is offline
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Default Re: Deal or No Deal

deal or no deal thread
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  #5  
Old 03-03-2006, 12:07 PM
P.Dirty P.Dirty is offline
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Default Re: Deal or No Deal

The guy was black.
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  #6  
Old 03-03-2006, 12:12 PM
JBB JBB is offline
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Default Re: Deal or No Deal

[ QUOTE ]
I like taking the money, isn't it slightly more +ev?

blake

[/ QUOTE ]

Yes but I would give up some EV for guaranteed big money, esp. when you have a 67% of walking away with basically nothing.

Although the sacrifice in EV couldn't be huge, I love the first few offers where the "deal" is like 10% of the EV.
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  #7  
Old 03-03-2006, 12:12 PM
___SK___ ___SK___ is offline
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Default Re: Deal or No Deal

the game seems to be set up so that you should always pass on the deal!

his thinking probably was that he has 66% chance at picking a case that wasnt the big one.
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  #8  
Old 03-03-2006, 12:13 PM
JBB JBB is offline
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Default Re: Deal or No Deal

I saw one where the woman won $5, b/c she kept going no deal (probably wisely) but then the big money got taken off the board, her offer plummeted and she had no choice but to procedd. Anyway the $5. Do you think she will report this on her taxes?
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  #9  
Old 03-03-2006, 12:19 PM
___SK___ ___SK___ is offline
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Default Re: Deal or No Deal

[ QUOTE ]
I saw one where the woman won $5, b/c she kept going no deal (probably wisely) but then the big money got taken off the board, her offer plummeted and she had no choice but to procedd. Anyway the $5. Do you think she will report this on her taxes?

[/ QUOTE ]

i saw that too and it was the perfect lesson about greed, considering she had her church choir in the studio! i just new God was gonna teach her a lesson. she passed up 179k
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  #10  
Old 03-03-2006, 12:42 PM
BreakfastBurrito BreakfastBurrito is offline
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Default Re: Deal or No Deal

[ QUOTE ]
So he turned down 167K with a 1/3 chance at 500K? If this is correct I agree it was a bad move.

[/ QUOTE ]

Basically it's like they put $167k in his hands, and he opted to put $83.5k on 1-12 and $83.5k on 13-24 on a roulette table and spin the wheel.
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