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Information About

Deal Or No Deal




''Deal or No Deal'' is the name of several closely related Television Game Show s, the first of which (launching the format) was produced by Dutch producer Endemol .


FORMAT

''Deal or No Deal'' involves a contestant, a host/presenter, a banker, and a number of briefcases (or boxes), with each having a different (and initially unknown) value. Each game starts with the contestant selecting one of the cases—this first case's value is not known until the game ends. During the rest of the game, the contestant opens the rest of the cases, one at a time, revealing its value. Each time after a specified number of cases are opened, the banker offers the contestant a certain amount of money to end the game. If the contestant takes an offer, the game ends, otherwise the contestant ends up with the money from the first case.

Since the range of possible values for cases is known at the start of each game, how much the banker offers at any given point changes based on what cases have been eliminated. To promote Suspense and lengthen games, the banker's offer usually strays from the Expected Value dictated by Probability Theory , particularly early in the game. Formula for offers in the NBC online version of ''Deal or No Deal'' from the personal website of a former physics and finance student However it is not uncommon for the bank's offer to exceed the player's expected value very late in the game.

Worldwide, the largest amount offer (in terms of exchange rates) was €1,495,000 on the original ''Miljoenenjacht'', on November 13, 2005 (which was accepted, the contestant's case only had €1,000). Only a few people have ever won the top prize on any version of the show.


DEAL OR NO DEAL AND SCIENTIFIC RESEARCH



''Deal or No Deal'' has attracted attention from mathematicians, statisticians, and economists as a natural website


INTERNATIONAL VERSIONS


The show has many versions that air around the world:


and English Canadian versions, Sandarti with both the American Spanish and Mexican Spanish versions, and de Mol with both the Netherlands Dutch and German (in 2004) versions of the show.

Other countries that have their own versions of the show include Albania , Armenia , Austria , Chile , Colombia , Costa Rica , Ecuador , El Salvador , Guatemala , Honduras , Nicaragua , Panama , Peru , Portugal (SIC network), Puerto Rico , and Vietnam , according to the UK version's website.


LIST OF PEOPLE WHO HAVE WON THE TOP PRIZE ON ALL INTERNATIONAL VERSIONS



ANTECEDENTS



VARIATIONS

  • Taiwan Television Enterprise (TTV) has a variation of "Deal or No Deal" embedded within its Saturday night weekly variety show hosted by popular TV host and one time recording artist Jacky Wu. The portion involved 16 boxes wherein celebrity contestants will play for NT$1.5 million top prize in denominations starting from NT$1.00. In this game though, Jacky Wu the TV host, also acted as a banker. He would randomly come up with an amount when the choice of boxes become fewer. Contestants however should successfully win a talent portion of the show before playing this game.



SEE ALSO




ONLINE VERSIONS



REFERENCES