The Tv Show Deal Or No Deal - Know The Odds

Deal or no Deal is a TV that is gaining immense popularity all around the world. The show started way back in 2001 in Holland. Initially called Miljoenenjacht the show was devised by Dick de Rijk and hosted by Linda de Mol. The initial format was a studio audience of 500 with a knock out quiz with a play off to win a cash prize hidden in one of 26 suitcases. So during the early days the show was a mix of general knowledge and chance. The show was an instant success and was soon picked up by Australian TV. The Australian production though was different from the Dutch show. The quiz part of the show was dropped and they brought in models to represent the suitcases.

The show became very popular in Australia and was picked up by networks all around the world. Some continued to use models whilst others such in the UK version used boxes. Contestants removed boxes one by one trying to leave one of the biggest cash amounts for themselves whislt the mysterious banker would try to tempt then to deal for a lesser amount.

On the UK show contestants have boxes that range from one pound to two hundred thousand pounds so lets look at the basic strategy and optimum game play. You may well be very surprised to know that the odds of leaving the highest cash amount until last are a staggering one thousand to one. If you watch the show it is very apparent that those who gamble and chase the big win most times fail.

Statisticians who worked out the best strategy for maximising winnings on the Channel Four game show say those taking part should accept the first offer of more than £20,000 from the programme's banker. f they never receive an offer that high, they should continue to the end of the game and try their luck, the team from London's City University concluded.

Using the UK shows stats since the show's launch two years ago, only one contestant - 24-year-old Laura Pearce - has been lucky enough to win the jackpot. The average prize form all the UK shows has been £15,360, which is considerably less than the average sum of all the boxes, which is just over twenty five thousand pounds.

Professor Linda Wolstenholme, of City University's Cass Business School, said most contestants end up taking home less than the average because they are not professional gamblers.

The game has also now established itself online and is available on many sites which you can play for fun or real money. The cash amounts in the boxes online vary depending on your stake. Again the odds for banking the top amount in the online version are one thousand to one and the best strategy is to accept an offer that is around the average of all boxes rather than risk a thousand to one shot gambling for the top prize.

Other tips for playing online is to always take a sign up bonus when playing online as this in many cases doubles your starting bankroll before you even play. Remember many online bingo sites have the deal or no deal game and many offer you free cash when you sign up so you can play for real money 100% free!

By: Ben Sleuth

Article Directory: http://www.articledashboard.com

Ben Sleuth writes about live and Online Bingo. He also writes about playing for profit and Free Bingo