ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

'Price is Right' contestant chooses $1,500 over a chance at Nissan car — many think it was a genius move

While most would think it was a dumb move, it turns out it was the smartest thing to do.
PUBLISHED DEC 15, 2024
Screenshots showing the contestant Kevin and the reaction of the audience (Cover image source: YouTube | The Price Is Right/ Andy A)
Screenshots showing the contestant Kevin and the reaction of the audience (Cover image source: YouTube | The Price Is Right/ Andy A)

The popular game show "The Price is Right" is all about taking risks and gaining rewards. People don't play it safe on a show with so much on the line. However, there was one guy who chose to shock everyone including host Drew Carey by refusing to take a shot at winning a brand new car. The contestant, Kevin, befuddled a livid studio audience by walking away with $1,500 instead of trying to drive away in a Nissan. 

Screenshot showing the contestant Kevin and the host Drew Carey during the game
Screenshot showing the contestant Kevin and the host Drew Carey during the game "Let Em Roll" (Image source: YouTube/Price Is Right/Andy A)

In the episode, Kevin was on a roll playing the “Let ’Em Roll,” a game where contestants can get a chance to win a brand new car if all five of the dice show a car symbol. Beating spectacular odds, Kevin rolled four car symbols right off the bat and one read $1,500. For one dice that didn't fall in line, Kevin had the option to roll it two more times and get a car symbol or take a cash prize instead. But, in a shocking move, Kevin chose not to go ahead with any more rolls and took the $1,500.

Screenshot showing Drew Carey explaining the rules to Keving (Image source: YouTube/Price Is Right/Andy A)
Screenshot showing Drew Carey explaining the rules to Keving (Image source: YouTube/Price Is Right/Andy A)

The audience was in utter disbelief and even Carey thought Kevin had made a mistake. “You don’t want to roll that one to try and win the car?” Carey asked. “No, I’ll take the $1,500,” an excitable Kevin responded.

Screenshot showing Keving cheering (Image source: YouTube/Price Is Right/Andy A)
Screenshot showing Keving cheering (Image source: YouTube/Price Is Right/Andy A)

The host politely explained the rules again and clarified to the contestant that he could get a shot at winning a brand-new Nissan car. However, Kevin didn't budge and badly wanted the $1,500. He even looked out to the audience and screamed .“I love the Price is Right.”



 

While most think that Kevin made a bad move, an analysis from SB Nation, pointed out that it could be genius instead. The outlet noted that in the final two rolls of the single die, Kevin had a 50/50 chance of landing the car symbol, in each roll. If he failed, he could have landed on either $500, $1,000, or $1,500 again, with each having a 1 in 6 chance. 

Thus, there was a stronger chance of Kevin walking away with less than $1,500 than him winning a car. Taking the probability into consideration, it seems like taking the $1,500 was the smartest thing to do.

Screenshot showing the dice (Image source: YouTube/Price Is Right/Andy A)
Screenshot showing the dice (Image source: YouTube/Price Is Right/Andy A)

Furthermore, winners of cars on "The Price Is Right" know that it's not what it looks like. Those who choose the keep the cars need to pay the taxes on them, which often is in thousands.

Furthermore, winners don't even get the same car that is shown to them. Most recently, Samara Leilani, who won a Nissan Sentra on the show, shared how it goes. Leilani called it a "waiting game" as winners have to wait for the dealership to contact them after the episode airs. 


@samaraleilani Replying to @mckenziemounger The one game you don’t see on the show is the waiting game afterwards😁 #thepriceisright #cbs #gameshow #contestant #newcar ♬ original sound - Samara Leilani

 

Furthermore, she shared that she didn't get the car shown on TV and it was only a prop. In the end, she had to use the value of the car as a coupon to choose from different models and brands.

MORE ON MARKET REALIST
Taking advice from his dad in the audience, Robert chose to play it safe.
2 days ago
The reduction in utility bills will be temporary and residents will end up paying some of that back
2 days ago
The player, Chad Hedrick got the fans to the edge of their seats before scoring the win.
2 days ago
The layoffs are expected to hit the People Experience and Technology units of the retailer.
3 days ago
In the retailer's latest earnings call, CEO Ron Vachris praised the app based checkout system.
3 days ago
The bill aims to overhaul the governance of community associations to increase transparency.
3 days ago
The silicone strings attached to a Yetonamr toy have caused over 30 instances of choking. attached to the toy violate the safety standards and pose as a choking hazard.
3 days ago
The young man earned Harvey's respect with his mature but creative answer.
3 days ago
After the market saw its worst day since October, Trump seemed to soften his threats to the E.U.
4 days ago
The guest had previously bet that her 'His Master's Voice' gramophone wasn't authentic.
4 days ago
At the World Economic Forum, Trump made claims about the economy that the numbers fail to support.
4 days ago
The court is hearing arguments in a case challenging the president's authority to fire Cook.
5 days ago
The sweeping order directs the FTC and DOJ to limit purchase of homes by institutional investors.
5 days ago
Despite the pushback, Trump has made it clear that there is "no going back" on the issue.
5 days ago
Harvey knew the answer wouldn't be on the board as he had some first hand experience.
5 days ago
The guest, who knew about the artist's popularity, didn't expect to get a five-figure appraisal.
6 days ago
New tariffs will follow immediately if the court voids current ones.
6 days ago
Harvey was sure the answer was too weak as he knew women well enough.
6 days ago