- 13 Jun '08 22:41I couldn't decide if this should go here, or in SCIENCE, or maybe even GENERAL.

Does anyone know what formula is used on that show Howie Mandel hosts, Deal or no Deal, to determine how much money the banker offers the contestant to walk away with, instead of trying for the million dollar case? - 13 Jun '08 23:05

Beats me, but it seems like it is something around the average of all of them. That's just a wild guess from only watching a couple of shoes, so it's probably far off.*Originally posted by PinkFloyd***I couldn't decide if this should go here, or in SCIENCE, or maybe even GENERAL.**

Does anyone know what formula is used on that show Howie Mandel hosts, Deal or no Deal, to determine how much money the banker offers the contestant to walk away with, instead of trying for the million dollar case? - 13 Jun '08 23:19

Million dollars? They only get offered five hundred thousand pounds here in the UK!*Originally posted by PinkFloyd***I couldn't decide if this should go here, or in SCIENCE, or maybe even GENERAL.**

Does anyone know what formula is used on that show Howie Mandel hosts, Deal or no Deal, to determine how much money the banker offers the contestant to walk away with, instead of trying for the million dollar case? - 14 Jun '08 00:43

I made a spreadsheet that gives the expected value of the contestants case. On the SA version of the show, the banker always seemed to offer about 60% of its expected value.*Originally posted by PinkFloyd***Does anyone know what formula is used on that show Howie Mandel hosts, Deal or no Deal, to determine how much money the banker offers the contestant to walk away with, instead of trying for the million dollar case?**

The fomula for the expected value is simple. Just add up the value of the unopened cases (including the contestant's) and divide by the number of unopened cases. - 15 Jun '08 13:20

So you have an unknown divided by an unknown. Wow. Now THATS a big help.*Originally posted by Gatecrasher***I made a spreadsheet that gives the expected value of the contestants case. On the SA version of the show, the banker always seemed to offer about 60% of its expected value.**

The fomula for the expected value is simple. Just add up the value of the unopened cases (including the contestant's) and divide by the number of unopened cases. - 23 Jun '08 06:00

1,000,000 dollars is approx £506,739*Originally posted by mtthw***Just over 1.5. The dollar is weak, and the euro is very strong at the moment.**

Actually the top prize in the UK is £250,000 though.

And identical values of boxes left in different games have had differing results from the banker, leading one to believe he has some leeway and does not follow a formula strictly.