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Wagering practice – “Do you even WANT to win?”

October 9, 2013

Some wagers are really bad – like betting everything if you’re in first.

But at least that person has a chance to win. What happened in this scenario was a far greater sin – and it took place in the first game of the new millennium.

What should Mike have wagered?

Final Jeopardy! wagering practice 20131009 Slide1

Click here for the analysis!

(Thanks to the J! Archive)

Answers to Tuesday’s scenario:

(click to view as a slideshow)

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  1. wjmorris3 permalink

    Since Mike needs to win to have any hope of winning, an all-in bet is actually acceptable here…

    …but I’d consider wagering no more than 700 to ensure second place if he gets it wrong. 700 is still above where we expect Richard to be if he gets it wrong.

  2. Josh Woo permalink

    To expand on the above point: no more than $700, but at least $300–$300 still locks out Sherry if he’s wrong, but if the leader misses and if he gets it right, he wins.

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  1. Wagering practice, October 10 – giving it all you’re Worth | The Final Wager

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