Archive for May 22nd, 2019

Jeopardy Math: What’s the most money that a contestant can win on one show?

May 22, 2019

You don’t need to be a Jeopardy fan to solve this math problem.  Try it!

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Current Jeopardy champ James Holzhauer – a professional gambler – has now won 24 consecutive games and amassed over $1,867,142 in winnings

See our prior post How a “professional sports gambler” is disrupting Jeopardy for a recap of his strategy

 

I was chatting with a friend who is a Jeopardy fan and former insurance industry exec.  The question on the table was whether Jeopardy has an insurance policy to cover a runaway winner like Holzhauer.  If yes, what’s the insurance risk?

Analytically, that led to today’s math problem: What’s the most that a contestant can win on one show?

For reference, Holzhauer has won more than $100,000 five times (so far) … his best day ($131,127) is an all time Jeopardy record. A typical Jeopardy winner hauls in about $25,000 per show.

Today, I’ll set-up the problem.  Again, you don’t have to be a Jeopardy fan or know the rules.  I’ll tell you all that you need to know to solve the problem.

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