In game shows like 'Let's Make a Deal,' contestants must strategically evaluate their current winnings against potential higher-value prizes, weighing the probability of success against the risk of losing current gains; the optimal strategy involves calculating expected value and considering opportunity costs when deciding whether to accept a sure thing or pursue a larger but uncertain prize.
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Let's Make A Deal | 1985 | Monty Hall | Big Deal: $8,414Hinzugefügt:
[music playing] - It's time for the all new "Let's Make a Deal," starring TV'S big dealer, Monte Hall.
- I want to give this treasure chest away to somebody, Cheryl Snyder, and I wonder if you'd take it off my hands.
Just hold that for-- just hold it.
That's it. Just hold it.
There's a treasure chest.
And of course, treasures come in treasure chests.
Sometimes little treasures, sometimes big treasures.
But I have more than that one choice for you, my dear, Cheryl.
I have a packet of money here as well.
It has a $20 bill on one side, a $20 on the other, and more bills in between, right?
So you have a choice of that.
If you don't like that, I have something else.
As a matter of fact, I have some chewing gum.
And Brian will describe the chewing gum for us, won't you Brian. [music playing] - Enjoying the delicious long-lasting flavor of Trident sugarless gum.
It's so fresh and soft.
Taste the one that will win you over to sugarless gum.
- So which do you want, the treasure chest, the packet of money, or the gum.
[crowd shouting] - I'll take the money.
- Hang on to the money.
Don't look inside just yet.
You have a choice right now, Cowardly Lion, Gary Egan, do you want the treasure chest or the gum?
[crowd shouting] - I'll the gum.
You got the gum.
And then, I'll take the treasure chest and give it right over to somebody sitting right over here.
[cheering] Now, my dear, don't look inside till I get to you, OK?
Thank you. You may sit down.
Go ahead.
Because I'm going to start off here with Mr. Gum Man over here.
Mr. Gum Man.
Now, Gary Egan, you can put the sign down.
Growling for a-- growling for a meal he says, then he stepped out and made a deal.
All right?
So here's what we have for you, sir.
- This is for you.
- That's for me?
I'm touched.
Would you hold that for me?
Thank you.
Now, you have the gum.
And, you know, sometimes we sweeten gum like this before we give it to somebody.
And sometimes we don't.
And even if we sweeten it, how much is it sweetened by?
As a matter of fact, I'm going to tell you that it's sweetened.
I'm going to tell you that we've put some money in there.
But I will not tell you how much.
I'll let you trade away right now for curtain number one.
[crowd shouting] I'll take the curtain.
- Takes curtain number one.
How much did we sweeten it by?
I got to find out how much we sweet-- oh, look at this.
I see $1,000 bill.
That's what it looks like. $1,000.
Oh, I'm terribly sorry about that, Gary.
But you do get something behind curtain number one.
Let's come out and see what it is.
Oh, your very own rocking horse.
Isn't-- and look at that lovely rider there.
Melanie, Brian, tell us about the horse.
- Miss Woods of America Chief Executive Rocking Horse was handcrafted of hard pine with real leather saddle.
- Isn't she cute?
And you don't get her, you just get the horse.
Thank you, Gary Egan.
The horse laugh is on you, because you could have had $1,000.
Then we turn over to Cheryl Snyder, I remember, correct?
Now, you kept the money.
There's $40 plus what's in between.
Now, I'll take a look at curtain number two.
I'll show you part of what's back there.
Then you tell me whether you want to trade your money for curtain number two.
[music playing] - Near East offers old world flavor, an alternative to pasta, potatoes.
The original 100% natural pilaf from Near East Foods.
- And there's something goes with the rice.
So you may keep your money or go for the rice and what's behind it.
Cheryl Snider, what would you like to do?
[crowd shouting] - I want the rice.
- She wants to go for the rice.
We look inside.
Now, that young man Gary Egan traded away $1,000.
In your case, there are $50 bills in here, 12 of them all together. $640 what you traded away.
And you have the rice.
And what's nice with the rice?
Well, you've got yourself your own rocking horse.
[music playing] A bigger one.
A bigger one than the last one.
- Wee!
- Is it-- hiya, Brian.
- Hi, there.
- You enjoying yourself up there?
- Yeah, I'm rockin' and a rollin'.
- Remember what we say on the show.
Careful, don't fall off your rocker.
[laughter] All right.
That's it for you, my dear.
So we have one horse that was given away, a second hobby horse was given away.
And you end up with a treasure chest.
Now, let me tell you something.
If you think you're going to see another hobby horse in this deal, forget it. OK?
- Mm-hmm.
- Now, your name is Sharmetra Burnett?
- Mm-hmm. - All right.
Now, Sharmetra, I'll tell you what.
There's a fortune inside.
And we're not going to let you peek inside just yet.
You can keep it, or you can trade it away for curtain number three.
[crowd shouting] - What should I do?
I'll trade it.
- You're going to trade it away?
All right.
Inside here-- she traded away, but not really, right?
And I open it up.
And inside here, there was a $500 bill.
- Oh.
- And a second $500 bill.
And a third $500 bill.
- Oh.
- $1,500 all together.
And that's what you could have had.
But you traded away for the curtain.
I said there are no more wooden horses in this deal.
But there is a horse in this deal for you.
[whinny] A real live horse.
[music playing] And he is slower than the rocking horses.
That's how old and decrepit he is.
But he goes to Sharmetra.
Isn't that a thrill? - No.
- No.
So what do we have here, folks?
Zonk, zonk, zonk.
Three zonks, no tilts.
And that's the way it happened in this deal.
[music playing] Thank you all.
Do you feel an air of chilliness surrounding me right now? [music playing] Well, maybe I can make amends by coming back with an $8,000 deal next.
- I got a flash that there are two prisoners escaping, and one of whom is here, and the cop has brought them in.
So the policeman brings in this prisoner.
And who is the prisoner, Herb McKee-- and you are together.
- Sandy McKee. [laughter] - That's Sandy.
Sandy McKee and Herb McKee.
Oh, she brought you in, huh?
- Yeah.
- Which one of you is the real policeman?
- This one. - This one?
This one is a real policeman.
Well, now you know what it's like on the other side of the law, right?
And I like the one who pinched you.
Pinch me too, darling. There you go.
[laughter] All right.
Just a little humor in there, folks.
All right.
Now, Herb and Sandy McKee, I tell you what I'm going to do.
I'm going to give you a chance right now to find $7.
And if you can find $7 in this deal, here's what I'll give you in exchange for $7 bucks.
You can have this beautiful automobile.
[chimes] - Mazda's GLC custom hatchback offers a beautiful balance of luxury and economy.
Velour seats and five-speed overdrive are among the many standard features from Mazda.
It retails for $8,284, and we're adding tax and license for a total of $8,945.04.
- You like that one?
All right.
Well, this is what you're going for.
You're going to try and find $7 in this next deal for me.
And if you can get it, you're going to be able to trade it in for that car.
Now, Brian is going to bring a board out here.
Four of these envelopes on the board contain $2.
Three of these envelopes contain $1.
You got that?
Four contain $2, three contain $1.
You select any four envelopes you want.
And if you can get $7, then you can get the car.
That means that you have to pick three of the four hot ones.
We call the $2 ones hot ones, right?
You got to pick at least three of the four hot ones.
So go ahead and make your four selections right now.
You have to go over together, because you're handcuffed together. - Number seven.
- Number seven. OK.
- OK, pick one.
- Three.
- Number three.
- OK.
Number five.
- Number five.
- And number two.
- Number two.
All right.
We have these all put away now for you, right?
And if you have $7 or $8-- it could be even $8 if you picked all four hot ones.
Then you can trade in for that beautiful automobile.
Now, if you want to play it safe, and you don't think the odds are in your favor, I'll offer you a sure thing right now for curtain number two.
And I'll show you what's back there.
- Frigidaire's top of the line laundry pair.
The washer has big 18-pound capacity, variable water miser control, new halo spray fill system.
The dryer includes an extra-wide door opening and four temperature settings from Frigidaire appliances.
They sell for $880.
And for your carpet care, Bissell floor care products featuring double action sweeper for quick pickups on carpets and bare floors.
And carpet machine plus for deep cleaning with four in one formula from Bissell.
This deal is worth $1,153.20.
- All right, $1,150.
And it's a sure thing, or you can go all the way for the car. - The car.
The car. - Car.
- You want to go for the car.
Let me open up the first two envelopes over here and see what you have.
In this envelope number five, we have $2.
- $2. - $2.
Oh. - That's a hot one, right?
- That's good. - That's a hot one.
- Are we doing well so far? - We're doing great.
- We're doing well. - All right.
In number seven we have $2.
- Two more!
Ah!
- You now have $4, which means that you need just $3-- - Oh, god. - --in the next two envelopes.
You need one hot one, and the other one we don't care about.
If just one of these two remaining one is a hot one, you've got yourself a car.
So now, I'll tell you what I'm going to do.
I'll tell you what I'm going to do.
I'm going to sweeten my deal.
Because the $1,150, we add something else.
Open up the curtain one more time and show them this color television set.
[music playing] - Panasonic's 19-inch diagonal cable capable color portable TV with compio focused video system and twin speakers with ambient sound from Panasonic.
It's valued at $739.95.
- Total value now, $1,890 sure thing. $1,890.
What do you want to do, Herb?
- Do that car.
- Go all the way for the car.
I open up envelope number two.
Is there a $2 bill in here?
There is a $1 bill in here.
- Oh no. Oh no.
- $1 bill in here.
So now we're up to $5.
This had better be a $2 bill for you.
- Oh, gee. - How do you feel?
- Nervous. - Nervous.
- Going all the way? - All the way.
- All the way.
We open up number three, and there is $1 in number three.
- Oh.
- For a total of $6 in all.
The $1,890 sure thing is not yours.
Just to show you where the others were, we open up number six, and show you in number six that we had $2 in there.
And the other one was number four.
And those were the other two hot ones today.
- Oh, man.
And the lucky combination for you numbers players is four, five, six, seven.
All right?
And that's what happens as the McKees go down swinging.
- Oh, man.
- However, since you made a good pinch, why don't I give you-- I'm going to find you-- let me see, what can I-- I'll pay your fine for you.
How about $200 as a consolation prize for playing this game.
Thank you, Herb.
Thank you, Sandy McKee.
[music playing] A shopping spree next.
A couple of people go on a shopping spree, and lots of loot at stake in just a minute.
[music playing] - As we go on a little shopping expedition with an awful lot of money to give away, I choose the last two ladies in this row.
Would you come with me, please?
And this artist over here is-- - Jerry. - Jerry Bristol.
Jerry Bristol.
All right.
And this young lady is Lonnie Cathlidge.
All right.
You can leave the little Teddy bear behind, and you can leave the sign behind for the best artist in town.
And we'll come right down here and go into a little shopping excursion.
[music playing] And what I'm going to do is, I'm going to make a lot of money available to you.
But you will compete with each other in this shopping deal.
OK? You'll compete.
Just stand back a little bit, just a little bit, dear.
Now, here's what happens.
We show you an item.
We talk about it.
Then you give us a price, manufacturer's suggested retail price on the West Coast.
- OK.
- And then, the one who is closer is going to get some money.
If at any time somebody gets it right on the nose, I'll double that amount of money.
For example, the first item is worth $200.
If somebody gets it on the nose, we'll double it to $400.
Brian? [music playing] - A package of mints.
Clorets gum and mints helps your mouth's own freshening power eliminate bad breath.
Costs a little more, but it's worth it.
Clorets, the breath deodorant.
- All right.
We'll have you go first, Jerry.
- $0.36. - And?
- $0.40.
- And the price actually is $0.45.
So you're closer.
You get $200.
Peel off $200, give it to the lady.
You like this game? - Love it.
Love it. - Next deal.
Here we go. [music playing] For this time for $200.
- A 12-ounce bottle of Listerine antiseptic.
Helps fight plaque and bad breath twice a day for better oral hygiene.
Listerine antiseptic.
- Lonnie, we're going to make you go first this time.
$1.69.
- And Jerry?
- $1.49.
- The price actually is $1.69.
Lonnie not only wins but doubles her money.
So you don't get $200, you get $400 for being on the nose.
You're up to $600 already, and we're just warming up.
Let's go again for another $200.
[music playing] - You can buy Bright & Early breakfast beverage and get more than great orange taste, get more change.
Bright & Early costs about 1/3 less than orange juice.
- And Jerry, you haven't got any money yet.
So let's see how well we do with this one.
- $1.05.
- And?
- $0.89.
- The price is $1.09.
And Jerry gets her first $200.
So now, Jerry has $200, Lonnie has $600.
And this time we go for another $200 bucks.
[music playing] - Ramen soup, a ready-to-eat treat in a cup.
Just add water.
Five delicious flavors, no preservatives.
Ramen soup from Sanwa Foods.
- Lonnie, you go first this time.
- $0.59.
- And Jerry?
- $0.52.
- The price actually is $0.49.
And Jerry is closer again.
So it's $600 and $400.
As both you ladies are doing exceptionally well.
And because you are, I'm going to make this last item worth $500.
And if anybody gets it on the nose, we'll double it to 1,000 bucks.
Here we go with the description.
[music playing] - Niagara, America's number one-selling spray starch.
Helps prevent the deep penetration of soiling stains for a crisper firmer finish.
Niagara spray starch.
- It's back to you for the first choice, Jerry.
- $1.70.
- And Lonnie?
- $1.59 - The price actually is $1.25.
The closest one is Lonnie, gets $500.
- Ah!
- There you are, dear.
So so far you've accumulated $1,100.
Jerry, you only got $400, but for three minutes worked, $400 isn't bad either.
- Yeah.
- Now that you have some money, how would you like to spend it?
Anybody who has $400 could buy what's in the box that Melanie is showing us now.
[crowd shouting] - Box.
- Jerry spends her $400.
I get back the $400.
What's in the box for Jerry Bristol?
Jerry has just traded for the box.
And we take a look and see what's in there.
[music playing] Oh, would you believe, we got a couple of little tricycles.
Just two little tricycles.
Brian, could you tell us more about them?
- You'll receive a Service Merchandise gift certificate, with which you might purchase the Tonka Sidewinder and the Calico My Little Pony Cycle from the 500-page Service Merchandise catalog or at one of their showrooms.
- Isn't that adorable?
All that work, end up with two tricycles.
Any little kids at home?
- Three.
- Anybody that could use those?
- No, they're too big.
- Well, go into business.
Go into production.
Bring me two more, you'll be able to do that.
Thank you, Jerry Bristol.
Thank you very much.
And she goes back to her seat, Lonnie, come over here.
There's Lonnie Cathlidge, right.
Now, Lonnie, you seem to have taken a lot of money away from me, didn't you?
- Yes, money.
- How much, dear? - $1,100.
[laughs] - Oh, you were counting.
OK.
Now, I have curtain number two just staring at me right now.
- Oh.
- Just screaming to be bought.
$1,100 is an awful lot of money to spend.
So would you like to buy it for $1,000?
[crowd shouting] - For how much?
- Would you like to buy that curtain for $900?
- Uh.
- Would you like to buy that for $800?
Would you like to buy it for $700?
- No.
- Would you like to buy it for $600 and keep $500?
- Yes.
- Peel off $600.
There's a $500.
And there's a $100.
I hope there are no more hobby horses or tricycles or anything, because she just spent $600 for it.
What's back there for Lonnie?
Take a look at what you have Lonnie, a gorgeous, gorgeous bedroom set.
- Yes!
Thank you.
Thank you.
[laughs] Oh, thank you.
[music playing] - Forrest Hill by Bassett.
This contemporary furniture features a triple dresser base with twin frame mirrors, five-drawer chest, panel headboard, and nightstand, in a fairway oak finish from Bassett.
It sells for $1,189.89.
And for a good night's sleep, the Dream Maker from Bassett, just the right combination of firm support and soothing softness, covered with golden glow satin fabric for exotic elegance from Bassett.
And to go with it, a fashionable Dakota bedroom ensemble, beautiful bedspread, pillow shams, and decorative pillows, designed in contemporary applique graphics, uniquely Dakota.
They retail for $565.
And total value of this deal $2,552.84.
- And $500 in cash that she still retains.
Thank you, again.
Thank you, Lonnie.
She goes back to her seat a very happy young lady.
Well, a lot of action on today's show.
And the big deal coming up.
And what is it worth, Brian?
- The big deal today is worth $8,414.
[music playing] - $8,414.
Now we'll go back to our traders and see if they want to go one more time for a chance at $8 grand.
Now, Lonnie Cathlidge has the bedroom set and $500 in cash.
That's $3,000.
Do you want to go for the $8,000.
[crowd shouting] - No.
- They talked you out of it, right, Lonnie?
She wanted to go, but the crowd talked her out of it.
So she keeps what she's got.
Sandy and Herb McKee? - Ah!
- Yes!
- For $200 bucks?
My goodness, are you lucky.
You're going to get a shot at it.
And the way we zonked everybody on the deal, Sharmetra has an old nag.
Would you believe that old horse would get you into the big deal?
That's the advantage of having the old horse against the hobby horses, right?
So Sharmetra and the McKees, both who got zonked earlier are going for that big deal, right after this.
Somebody's going to end up happy.
[music playing] [music playing] - OK.
Here we go, the big deal.
And would you believe that we've got one person spent an awful lot of money.
Wait a minute.
I-- oh, that's right.
She didn't go for the big deal, did you?
So here's this person with $200 who gets first choice, and an old horse get second choice.
I don't mean you're the old horse, I mean, you had the old horse. You'll excuse me for that.
Won't you, right? - Oh, yeah.
- OK.
Now we go with Sandy and Herb McKee.
The deal could be behind door number one, or the big deal could be behind door number two, or door number three.
And you're going for $8,414.
What door do you want?
[crowd shouting] - Door number three.
- Door number three.
And for your old horse? - Number two.
- Number two. All right.
Let's take a look and see what you traded in for behind door number two.
It's got to be better than that old nag.
I hope it's better.
And back there, well, it's a macaroni.
That just to start you off.
[music playing] - Creamettes premium quality in the famous green box.
Creamettes macaroni cooks up tender without sticking together.
Try some tonight.
- And what goes with it?
Cookies.
In Monty's cookie jar, we have some money for you.
And the amount of money is-- hit the button-- $508 and the Creamettes.
Well, it's better than the old horse.
Thank you very much.
Now, we come to the McKee's who took door number three.
You are going to get the big deal today, and it started off with seven envelopes.
It looked like you'd been all the way down.
I gave you $200.
You bought a door.
And you end up with the big deal of the day.
So for the prisoner and the policewoman, we have some carpeting to start you off in your home.
[music playing] - 40 square yards of luxurious carpet from Benchmark Carpet Mills.
From the miraculous collection, this third generation nylon is available in a number of brilliant colors from Benchmark Carpet Mills.
It sells for $500.
- And what's behind this elegant carpeting?
Look at this.
It's a magnificent new kitchen.
A Whirlpool appliance kitchen, featuring a no-frost French door refrigerator, with power-saving control switch, porcelain-on-steel interior, and no-fingerprint textured steel doors.
A portable convertible or under-counter dishwasher, with duraprime door, super scour cycle, and exclusive in-the-door silverware basket.
And a gas range with continuous-clean oven, full with glass panoramic oven door.
Plus, Whirlpool's Trash Masher compactor with automatic deodorizing system and touch tow drawer opener.
This complete Whirlpool kitchen is valued at $2,739.
And just for relaxing, how about this?
A big screen color TV.
It's a 25-inch color television with wireless remote control and 105 cable channels with matching stand from Sharp.
It retails for $925.
But there's still more, right Monty?
- That's right.
When a prisoner comes to the show, he hopes to resume his old ways and rob us of everything we've got.
So here's a check to add to that in the amount of $4,250 in cash.
- Ah!
- Oh!
- Making the total value $8,414 for the policeman and his lovely wife.
Congratulations to the McKees for winning the big deal of the day.
Thank you.
Congratulations to you.
Thank you, Sandy.
Spend that money wisely.
How are you going to spend the money?
- I don't know. This is just-- - Two for me, and two for you.
- Two for me, two for me, but how are you going to spend the money?
- On a car, probably. - A car.
- Probably the car. All right.
The car that they didn't get, they're going to go for right now.
So thank you very much.
And before we go off the air, you know what I'd like?
I'd like to have-- the first person over here to show me a can opener is going to get $200.
Right here in these three seats.
Who's got the can opener?
- The all new "Let's Make a Deal" is a Stefan Hatos, Monty Hall production in association with Telepictures.
- $150 bucks-- for a corkscrew.
And there it is, $150.
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