Deal or No Deal - Netflix

NBC brings the high stakes international hit game show Deal or No Deal to American audiences. Actor-comedian Howie Mandel hosts the exciting game of odds and chance.

Deal or No Deal - Netflix

Type: Game Show

Languages: English

Status: Ended

Runtime: 45 minutes

Premier: 2005-12-19

Deal or No Deal - Deal or No Deal - Netflix

Deal or No Deal is the name of several closely related television game shows, the first of which (launching the format) was the Dutch Miljoenenjacht (Hunt for Millions) produced by Dutch producer Endemol. It is played with up to 26 cases (or, in some versions, boxes), each containing randomly assigned sums of money. The player claims (or is assigned) one case or a box at the start of the game, without its contents being revealed. The contestant then chooses the other cases or boxes, one at a time, to be immediately opened and removed from play. Throughout the game, the player is offered an amount of money or prizes to quit, being asked the titular question, “Deal or no deal?” If the contestant rejects every deal and eliminates all the other cases or boxes, the player keeps the money that was in the original case or box. Thus, the contestant “wins” depending on whether the player should have taken one of the deals or should have held onto the original case or box until the very end.

Deal or No Deal - Algorithm used by "The Bank" - Netflix

There are several theories concerning the algorithm that “The Bank” uses to determine the appropriate bank offer. Naturally, this is a secret held by the various publishers around the world, however a number of people have approximated the algorithm with various levels of accuracy. It is a common understanding that the Bank does not know the contents of the briefcase, and therefore the Monty Hall Problem does not apply to the probability calculations. User 'George Jones' suggested on the NSLog(); blog that a simple approximation could be banker's offer = average value * turn number / 10. Statistical studies of the US version of the show were undertaken by Daniel Shifflet in 2011, and showed a linear regression of bank offers against expected value. In summary, Shifflet found that the bank would offer a percentage of the expected value (EV) of the remaining cases, and this percentage increased linearly from approximately 37% of EV at the first offer to approximately 84% of EV at the seventh offer. This version of the program also allowed players to 'hypothetically' play out the remainder of the game from the point where they accepted the bank's offer, and Shiffler noted that the hypothetical bank offers were significantly higher than real bank offers at equivalent points in the game.

Deal or No Deal - References - Netflix