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Daily analysis, September 24: Wedged into second place

September 24, 2013

I was speaking with my mom about Monday’s FJ! clue, and we agreed that we both kind of liked it.

Tuesday was a tight game going into Final – just $2,000 separating our three players. This situation tends to put the second-place player at a disadvantage: the leader should win if the clue is really easy, and the third-place player should win if the clue is really hard. Assuming rational wagering, the middle player needs a special mixture to come out on top.

The Final Jeopardy! clue for September 24, 2013:

NEWSPAPERS
ON JULY 23, 2013 THIS BESTSELLING BRITISH TABLOID RE-SPELLED ITS NAME ON ITS MASTHEAD TO HONOR BIG BRITISH NEWS

Correct response: What is The Sun?

If you haven’t watched them yet, check out Part One and Part Two of my tutorial.

From → Daily analysis

2 Comments
  1. Kelly permalink

    I don’t think Matt’s wager was all that bad – since if he chooses the option to cover a double-up by Loni he will lose if he misses (barring an excessive bet by Neal). For a player in a position like Matt’s and going for the “high” option he might as well consider betting it all so he maximizes his cash value if he does get it right and wins (and allows for the possibility of the leader offering a tie). Since he did leave some behind I’m with you – an okay but not totally optimal wager. I’d give the same advice in other cases where a trailing contestant must get Final right to have a (realistic) chance at winning, and leaving some money behind would be of little or no help with 2nd vs. 3rd place (e.g. in a 1/2-to-2/3 scenario with no third player).

    • I agree, Kelly – which is why I gave both Matt and Neal the until-now-unused “yellow” tag, instead of pink. Strictly in terms of game theory, both players have nothing to gain from wagering above their “minimum” wagers – which is why I suggest players withhold the extra dollar, generally.

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