Deal or No Deal Fansite and Forum: Welcome to DOND, the home of Deal or No Deal fans.

Deal Or No Deal
It is currently Tue Apr 21, 2026 9:40 pm Last visit was: Tue Apr 21, 2026 9:40 pm


Deal or No Deal is currently on a break.

Deal or No Deal forum index » UK DoND Forums » Deal or No Deal General DiscussionAll times are UTC [ DST ]



 [ 47 posts ]  Go to page 1, 2, 3  Next
Author Message

StatsMan

PostPosted: Wed Jan 01, 2014 1:54 pm    Author: StatsMan    Post subject: What should DEAL-EYE gamble on Box 23...?

Joined: Wed Jul 04, 2007 11:55 pm
Warnings: 0
ER... Over to you guys! :smt023

_________________
Image

Biggest Pilgrim Game Wins:

Marlene - 21 July 2013: £118,000
Gill - 23 March 2014: £75,000
Tony - 24 April 2012: £72,000
Lee - 4 April 2013: £48,000
Tommy & Jen - 26 & 27 Mar 2013 :O - £45,000! :O :O


Top
 Profile  

American Coupon Boy

PostPosted: Wed Jan 01, 2014 2:04 pm    Author: American Coupon Boy    Post subject: Re: What should DEAL-EYE gamble on Box 23...?
User avatar

Joined: Thu Jan 10, 2013 10:20 pm
Warnings: 0
Simple, just plug in the 5 possible outcomes into the Deal-Eye formula and it should only take it on if the amount on offer is less than the Benchmark. By using goal-seek, I've calculated that the cut-off point that Deal-Eye would take the risk on is £5,140.92. So if the amount at risk is less than that, Deal-eye should go for it, but if it's greater Deal-eye shouldn't take it on.

_________________
PM me to play a game of my Deal or No Deal series for a shot at $601!

The next series begins immediately after the premiere of the Deal or No Deal revival.


Top
 Profile  

StatsMan

PostPosted: Wed Jan 01, 2014 2:13 pm    Author: StatsMan    Post subject: Re: What should DEAL-EYE gamble on Box 23...?

Joined: Wed Jul 04, 2007 11:55 pm
Warnings: 0
American Coupon Boy wrote:
Simple, just plug in the 5 possible outcomes into the Deal-Eye formula and it should only take it on if the amount on offer is less than the Benchmark. By using goal-seek, I've calculated that the cut-off point that Deal-Eye would take the risk on is £5,140.92. So if the amount at risk is less than that, Deal-eye should go for it, but if it's greater Deal-eye shouldn't take it on.


I'd be more interested in what the 'typical' approach to Box 23 was, and I gather a lot of people would risk a lot more than that on it... :ponder:

_________________
Image

Biggest Pilgrim Game Wins:

Marlene - 21 July 2013: £118,000
Gill - 23 March 2014: £75,000
Tony - 24 April 2012: £72,000
Lee - 4 April 2013: £48,000
Tommy & Jen - 26 & 27 Mar 2013 :O - £45,000! :O :O


Top
 Profile  

American Coupon Boy

PostPosted: Wed Jan 01, 2014 2:17 pm    Author: American Coupon Boy    Post subject: Re: What should DEAL-EYE gamble on Box 23...?
User avatar

Joined: Thu Jan 10, 2013 10:20 pm
Warnings: 0
But Deal-Eye isn't supposed to be a human; it's supposed to be a machine free of emotions and targets (especially a £20,000 one that influence some to go for it). :P

_________________
PM me to play a game of my Deal or No Deal series for a shot at $601!

The next series begins immediately after the premiere of the Deal or No Deal revival.


Top
 Profile  

StatsMan

PostPosted: Wed Jan 01, 2014 2:24 pm    Author: StatsMan    Post subject: Re: What should DEAL-EYE gamble on Box 23...?

Joined: Wed Jul 04, 2007 11:55 pm
Warnings: 0
American Coupon Boy wrote:
But Deal-Eye isn't supposed to be a human; it's supposed to be a machine free of emotions and targets (especially a £20,000 one that influence some to go for it). :P


Of course, it's not a human, but in some semblance should represent statistically what WE would consider a logical approach; £5,140.92 is, for me, undoubtedly too cautious and inconsistent with its main gameplay (especially as it shows far more aggressive tendencies on 2-box games at 5-box, for example). £20,000, the inflection point of EV (despite what Excel is telling me due to the half-pence glitch...) is probably too high for the majority of players...

Halfway between those values would seem a perfect compromise... if we could legitimise it! :ponder:

_________________
Image

Biggest Pilgrim Game Wins:

Marlene - 21 July 2013: £118,000
Gill - 23 March 2014: £75,000
Tony - 24 April 2012: £72,000
Lee - 4 April 2013: £48,000
Tommy & Jen - 26 & 27 Mar 2013 :O - £45,000! :O :O


Last edited by StatsMan on Wed Jan 01, 2014 8:06 pm, edited 1 time in total.

Top
 Profile  

Simon F

PostPosted: Wed Jan 01, 2014 2:31 pm    Author: Simon F    Post subject: Re: What should DEAL-EYE gamble on Box 23...?
User avatar

Joined: Sat Jan 21, 2006 11:12 pm
Location: Leeds
Warnings: 0
I think Deal Eye will have the same type of problem with box 23 than it does with the 1-box at a time twist when it is a 1-box game (in that in most cases, there is only a 20% chance of total disaster).

I'm not sure there is a solution now for Deal Eye (other than maybe just ignoring box 23 exists and carrying on with a 22-box scenario)

_________________
Number of visits to see DOND: 20
Number of shows seen: 88


Top
 Profile  

cfd

PostPosted: Wed Jan 01, 2014 6:58 pm    Author: cfd    Post subject: Re: What should DEAL-EYE gamble on Box 23...?

Joined: Mon Mar 09, 2009 6:02 pm
Location: Leeds
Warnings: 0
From a pure EV point of view DE should gamble when it deals less than £20,000 and stick when it deals above £20,000.


From a gameplay perspective I don't think Box 23 makes much difference except that winning a blue now has the potential to turn into £10,000. As it is though DE will generally hit more blues than players so I'm not sure anything needs to or should be changed here.


Top
 Profile  

Archstered

PostPosted: Wed Jan 01, 2014 7:53 pm    Author: Archstered    Post subject: Re: What should DEAL-EYE gamble on Box 23...?

Joined: Tue Aug 16, 2011 10:34 pm
Warnings: 0
£10,750 or less

_________________
30 | Retail Manager | Eurovision | Rats | Corrie | A little bit of DoND


Top
 Profile  

StatsMan

PostPosted: Wed Jan 01, 2014 8:04 pm    Author: StatsMan    Post subject: Re: What should DEAL-EYE gamble on Box 23...?

Joined: Wed Jul 04, 2007 11:55 pm
Warnings: 0
cfd wrote:
From a pure EV point of view DE should gamble when it deals less than £20,000 and stick when it deals above £20,000.


From a gameplay perspective I don't think Box 23 makes much difference except that winning a blue now has the potential to turn into £10,000. As it is though DE will generally hit more blues than players so I'm not sure anything needs to or should be changed here.


In essence of course, you are right - mathematically, wins of £20k or less should be traded in for Box 23... But the previous nuances of Deal-Eye have not relied on the pure expected value of a situation, largely to create a more realistic picture that's tried to be reflective of how some humans might play the scenarios. We have to imagine Deal-Eye is playing the game ONCE just like the player, and just as you'd reject the average if you had multiple gos, you wouldn't (probably) trade in £20k when there's no 'added value'; if it goes wrong, there's no way back, and you can only expect to get your money back. That just sounds a bit irrational for Deal-Eye purposes...

I think I wouldn't personally gamble more than about £15,000 with it, although it's interesting as the region from £10k-£15k might well be dependent on how the game panned out for me...

_________________
Image

Biggest Pilgrim Game Wins:

Marlene - 21 July 2013: £118,000
Gill - 23 March 2014: £75,000
Tony - 24 April 2012: £72,000
Lee - 4 April 2013: £48,000
Tommy & Jen - 26 & 27 Mar 2013 :O - £45,000! :O :O


Top
 Profile  

cfd

PostPosted: Wed Jan 01, 2014 8:20 pm    Author: cfd    Post subject: Re: What should DEAL-EYE gamble on Box 23...?

Joined: Mon Mar 09, 2009 6:02 pm
Location: Leeds
Warnings: 0
I'd argue £10,000+ should not be gambled.

At £10,000 EV is only +£1,000 and it carries the NOTHING risk. £10k->£20k probably isn't as significant as £10k>£0 for most people.

Something around £5,000 seems a sensible maximum to me. Most can live with £5,000 dropping to £0 with £15,000 being a big enough jump to be worth the risk. An EV of +£1,500 represents a 30% increase in value as opposed to the 10% at £10,000.


Top
 Profile  

Simon F

PostPosted: Wed Jan 01, 2014 8:22 pm    Author: Simon F    Post subject: Re: What should DEAL-EYE gamble on Box 23...?
User avatar

Joined: Sat Jan 21, 2006 11:12 pm
Location: Leeds
Warnings: 0
I reckon depending on the game, I'd definitely deal Box 23 on 4 figure values and less and probably low 5-figure sums (up to about around £14k).

(I reserve the right to change my mind though)

_________________
Number of visits to see DOND: 20
Number of shows seen: 88


Top
 Profile  

StatsMan

PostPosted: Wed Jan 01, 2014 8:43 pm    Author: StatsMan    Post subject: Re: What should DEAL-EYE gamble on Box 23...?

Joined: Wed Jul 04, 2007 11:55 pm
Warnings: 0
cfd wrote:
I'd argue £10,000+ should not be gambled.

At £10,000 EV is only +£1,000 and it carries the NOTHING risk. £10k->£20k probably isn't as significant as £10k>£0 for most people.

Something around £5,000 seems a sensible maximum to me. Most can live with £5,000 dropping to £0 with £15,000 being a big enough jump to be worth the risk. An EV of +£1,500 represents a 30% increase in value as opposed to the 10% at £10,000.


Oh, I agree on the point that the first £10k is more important than the second utility-wise. Every scenario is effectively equal, so let's just imagine they are boxes on a regular game at 5-box, and you've been told the last offer will be a swap (or could be a swap, if that's stretching it a bit).

So, you have a board of £0/£2,500/£5,000/£10,000/£15,000, would you decline £5k...? ACTUALLY, you're starting to convince me about this argument now! :ponder:

EDIT: Except it's not quite that simple for me for some reason... ;)

_________________
Image

Biggest Pilgrim Game Wins:

Marlene - 21 July 2013: £118,000
Gill - 23 March 2014: £75,000
Tony - 24 April 2012: £72,000
Lee - 4 April 2013: £48,000
Tommy & Jen - 26 & 27 Mar 2013 :O - £45,000! :O :O


Top
 Profile  

KP

PostPosted: Thu Jan 02, 2014 12:01 pm    Author: KP    Post subject: Re: What should DEAL-EYE gamble on Box 23...?
International Forums Moderator
User avatar

Joined: Sat Jan 28, 2006 8:00 pm
Warnings: 0
My proposal here - have the DE benchmark be the higher of the offer and the FD of the Box 23 possible outcomes. (Not the benchmark of them, as ACB suggested - that's based around the 2-box finish, and that's not appropriate for Box 23!)

The Box 23 FD exceeds the flat offer for values below £3,953.46, incidentally...

_________________
Champion of RTaB S6, creator of unorthodox DoND rulesets, and founder member of #teambat.
Creator of the first DoND Live offer to be accepted.
"Why regret what could not be?" (A Heart Full of Love, from Les Misérables)
I introduced utility theory to the forums. Blame me.
In your choices, beware of words leading you astray. Think in a balanced way about potential gains and losses.


Top
 Profile  

StatsMan

PostPosted: Thu Jan 02, 2014 1:09 pm    Author: StatsMan    Post subject: Re: What should DEAL-EYE gamble on Box 23...?

Joined: Wed Jul 04, 2007 11:55 pm
Warnings: 0
KP wrote:
My proposal here - have the DE benchmark be the higher of the offer and the FD of the Box 23 possible outcomes. (Not the benchmark of them, as ACB suggested - that's based around the 2-box finish, and that's not appropriate for Box 23!)

The Box 23 FD exceeds the flat offer for values below £3,953.46, incidentally...


Hmm... I suppose this is borrowing some of the the median value/ FD calculations that Deal-Eye is based on, in a way. I don't know... it just feels a bit low for a statistical approach (although we can all have valid arguments for our utility curves all day long!).

Been looking at a more 'fun' (albeit more manipulated) way of arriving at a figure that's pretty much the average of what most have been saying so far:

1. Take the "Expected Value" of the scenarios
2. Take the FDs of the scenarios
3. Find the "Median value" between the two
4. If THAT exceeds the stake, Deal-Eye takes box 23.

Effectively, this creates a cut-off point at £8,085.32, which I find very much more in line with Deal-Eye strategy, and it's about as close as I can get to the general view here so far, based around *some* formula not too dissimiliar from the existing one... :ponder:

HOWEVER! I think we must also consider something else; Box 23 should lead to more generous offers just by being there, and if DE is judging a offer solely on the board, that doesn't seem quite right now... I'd like it to be a tad more aggressive in the main game. Of course, this will make it even more aggressive in 2-box games at 5-box etc., but there is probably a need to slightly upgrade its existing strategy. I'd expect offers to be 5-10% greater overall with Box 23, but we'll monitor this over the next few weeks/months...

_________________
Image

Biggest Pilgrim Game Wins:

Marlene - 21 July 2013: £118,000
Gill - 23 March 2014: £75,000
Tony - 24 April 2012: £72,000
Lee - 4 April 2013: £48,000
Tommy & Jen - 26 & 27 Mar 2013 :O - £45,000! :O :O


Top
 Profile  

cfd

PostPosted: Thu Jan 02, 2014 1:37 pm    Author: cfd    Post subject: Re: What should DEAL-EYE gamble on Box 23...?

Joined: Mon Mar 09, 2009 6:02 pm
Location: Leeds
Warnings: 0
What I would expect to happen in the long run is we see less 3 figure offers as it opens up the £10,000 chance. The banker will want to where possible pitch offers just high enough to stop people taking 23 but as I've said I think when we get to 5 figure offer territory it shouldn't make too much difference as there is little player advantage to 23.

But for the next few weeks at least I think we can expect to see some higher offers.


As a side note I think we are going to get some situations where there is nothing logical for the banker to offer. E.g.

1p vs £1 - Both boxes are essentially worth £2k as the players will gamble for the 1/5 chance of £10k. But the banker can't offer over what the boxes are worth as that pushes the EV up more. Unless we find a situation where the banker views the player as so cautious they'd deal £1,000 and NOT gamble.

1p vs £3,000 - Normally you'd see about £500-£750 here. But who is really gonna deal that? But at the same time it doesn't make sense to increase the offer either as this will only increase the players EV.

Time for me to whip out excel and graph some of this as I'm starting to confuse myself lol


Top
 Profile  

cfd

PostPosted: Thu Jan 02, 2014 2:06 pm    Author: cfd    Post subject: Re: What should DEAL-EYE gamble on Box 23...?

Joined: Mon Mar 09, 2009 6:02 pm
Location: Leeds
Warnings: 0
I've managed to get it clear in my head what should be done, and without going into the maths too much here is what the banker should be doing:

Low finishes (£5,000 or less) - Offer the mean, or just slightly less. Or don't bother making an offer at all as box 23 is pretty much getting opened whatever happens so most players won't bother with a deal.

Medium finishes (low and £10k-£20k) - Offer whatever he does now really. Offering the mean here is essentially an AMO for the player so stick to say the £3,000 a blue/£10k would generally get.

High finishes (anything with £35k+) - No change. Box 23 is -EV for the player so if anything try lowballing and getting them to gamble.


In short for the banker... Change nothing, except a slight amount more generosity in low stakes games for the look of the thing.


Top
 Profile  

StatsMan

PostPosted: Thu Jan 02, 2014 4:29 pm    Author: StatsMan    Post subject: Re: What should DEAL-EYE gamble on Box 23...?

Joined: Wed Jul 04, 2007 11:55 pm
Warnings: 0
Very interesting, thanks - nothing particularly needs to be changed on all-blue finishes for Deal-Eye as essentially, in the long term, on average it'll get as many 'pedantic' victories as it loses.

Blue/5k clearly should represent a significant difference for the banker now; whereas before you might've dealt £1,500 with a small blue, now with box 23 you should be looking at close to the average of £2,500... (or perhaps, the swap offer would be better there thinking about it?)

Of course, the implication of all this is... as Deal-Eye is basing part of its calculation on final pairs, and you've identified that some of the goal-posts of these have been moved mathematically, perhaps a slight 'hack' is needed at the spreadsheet...

This is gonna take some thinking about! :ponder:

_________________
Image

Biggest Pilgrim Game Wins:

Marlene - 21 July 2013: £118,000
Gill - 23 March 2014: £75,000
Tony - 24 April 2012: £72,000
Lee - 4 April 2013: £48,000
Tommy & Jen - 26 & 27 Mar 2013 :O - £45,000! :O :O


Top
 Profile  

StatsMan

PostPosted: Thu Jan 02, 2014 4:38 pm    Author: StatsMan    Post subject: Re: What should DEAL-EYE gamble on Box 23...?

Joined: Wed Jul 04, 2007 11:55 pm
Warnings: 0
Actually... I'm not sure about that, as I think the banker would be more likely to offer the swap (especially with a low blue to nullify double effect). So, at least if that happened, Deal-Eye would remain consistent and FD benchmarks could stay...

_________________
Image

Biggest Pilgrim Game Wins:

Marlene - 21 July 2013: £118,000
Gill - 23 March 2014: £75,000
Tony - 24 April 2012: £72,000
Lee - 4 April 2013: £48,000
Tommy & Jen - 26 & 27 Mar 2013 :O - £45,000! :O :O


Top
 Profile  

cfd

PostPosted: Thu Jan 02, 2014 5:52 pm    Author: cfd    Post subject: Re: What should DEAL-EYE gamble on Box 23...?

Joined: Mon Mar 09, 2009 6:02 pm
Location: Leeds
Warnings: 0
What DE should do I think is...

First decide the threshold that it will take box 23. I suggest around £5,000, maybe as high as £7,500.

And then when considering all values under that assume they're the box 23 EV. E.g. an on offer of £2,000 has a box 23 EV of £3,800. Therefore if the benchmark is below £3,800 DE should be dealing £2,000 with a view to gambling it.

This assumes they are going to show what 23 contains even if its not taken.


Top
 Profile  

StatsMan

PostPosted: Thu Jan 02, 2014 10:25 pm    Author: StatsMan    Post subject: Re: What should DEAL-EYE gamble on Box 23...?

Joined: Wed Jul 04, 2007 11:55 pm
Warnings: 0
The more I think about it, the £8,085.32 I came up with earlier is just about perfect, as it follows some of the previous DE methodology, and also utilty-wise makes sense to me - I could certainly handle losing half of it, the utility jumps to £18k & £16k make sense to me, and should I lose it all, I'd get over it!

NOW, I quite like your idea of thinking of offers below the threshold as being in the box 23 EV equation. So, if the banker offers £2k, the benchmark is £3,800, and the EV (clearly) says £3,800, Deal-Eye would ACTUALLY take the £2k at that point - is that what you're saying? ;)

_________________
Image

Biggest Pilgrim Game Wins:

Marlene - 21 July 2013: £118,000
Gill - 23 March 2014: £75,000
Tony - 24 April 2012: £72,000
Lee - 4 April 2013: £48,000
Tommy & Jen - 26 & 27 Mar 2013 :O - £45,000! :O :O


Top
 Profile  
Display posts from previous:  Sort by  
 [ 47 posts ]  Go to page 1, 2, 3  Next
Deal or No Deal forum index » UK DoND Forums » Deal or No Deal General DiscussionAll times are UTC [ DST ]


Who is online

Users browsing this forum: Bo, Se and 2 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Jump to:  

Deal Or No Deal

[ View who is online ]

Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group
Copyright ©2023 dond.co.uk All rights reserved

www.dond.co.uk is not responsible for the content posted by private individuals on this website. The views expressed herein are solely the opinions of the individuals that produced them and not necessarily the views of the owner, or of the admins, or of the moderators of this website.


Admin Zone Directory