The issue is the average win with that board is over £33k. Of course people have different tolerance to risk. For example if we replaced the £250k with £1 billion he almost certainly wouldn't have dealt even though your logic still applies. Conversely, even knowing the average, if there was a hypothetical board of 1p and £1 billion but the offer was £1 million, personally I'd probably accept that offer as £1 million is still a life changing sum of money even though it's wayyyyy below the average. That was a sound choice to him clearly but others may not consider it so
@lowbarscooter The problem is that the boxes are discreet values, so the mean average is a pretty useless metric, although psychologically it holds a lot of weight. The median is a more appropriate measure with discreet data, which is only £750 for this board.
@@JulianShagworthy I disagree considering the significant disparity in the max value box though as I point out with my first example. Using your logic the max value box could be worth a trillion pounds and it still wouldn't change the median even though almost anyone on the planet, presumably including the man in this video, would turn down a 5k offer in that situation
@@JulianShagworthy totally agree I also posted something similar on another reply. The mean average is useless the median is important and as mentioned the 5k offer was well above this. It was a sensible deal just v unfortunate how things unfolded
I'm surprised that the banker didn't set off the fireworks when Noel revealed the quarter million in Collin's box, but that probably would've been too much insult to injury. This was just sad to watch.
And you're a moron for thinking that it can't all just change for the worse in one round. He got a good offer as there was only 2 boxes higher what he dealt at. It's been shown in the last few episodes this week that someones turned down a few thousand and then lost the 250000 in their next round.
@@srwilson3s2k14 Exactly! If I were a contestant, my game plan would be: As long as least one of the power 5 is still there, I'm motoring on and going all the way unless the Banker gives some insanely generous offers!
I get the whole "here's what you could have won" disappointment...but you turn up with nothing, you're guaranteed to play (unlike Who Wants to be a Millionaire), you don't even have to answer any intellectual questions - you just open boxes, and then you take home 5K which you didn't have before...and people cry?!. What a world we live in.
Worst deal ever even though the guy came in with fuck all, opened a few shitty boxes and walked away 5 grand richer. It's a bad deal in hindsight, that's all. To him, he's 5 grand up for literally fuck all. Happy days.
if i remember correctly they all live in the same hotel while the show goes on so it could be weeks or months of your time before you even get selected
It's even more heartbreaking as my whole family were crying in the living room as I was watching it in my bedroom. Colin is by far our least favorite contestant on this show. This happened in 2013 so there could be a way to forget about our moment. I feel so sad I'm trying to forget about it.
It seemed unlikely that dealing at 5k could have worked. The likelihood of taking it out was low even if it wasnt in his box and he had some back up. Must be a big regret even though it was 10 years ago.
DoND was WELL AND TRULY a shadow of it's old self by this point - This period was completely dominated by cautious deals, weak contestants, at least half the people on the wings negative wing advice to get the person in the chair to deal, and BS excuses for dealing early! Something tells me it was all a charade to try and deter people from gambling to save the show money......
The people who dealt early was the ones who had no money. (Me included at that time) The people who won big and went further in the game did so because they had a comfortable lifestyle with big savings in the bank. They could afford the risk. Many of us quit out jobs to be able to film for 4 weeks.
No silver lining there at all it doesn’t matter what his dad said . The biggest victory for banker against biggest bottle job in deal or know deal history
It seems alot of these contestants want/need some money just to pay bills and help out their family. I think they'd benefit alot more if the show just gave them a couple grand to help them out.
He certainly shouldn't think about taking up poker. If he had some kind of serious debt, needed to fund some kind of medical treatment, or there was some kind of similar situation going on in his life, I could sort of understand him taking the money. What can £5000 get you in this day and age that would make a significant difference to anyone's life if they happen to be on more than a subsistence level of income? Very little is the answer.
I forgot all about them tbh lol. To be fair though he went through probably over a thousand shows, have to be a bit dramatic and spice things up to be an interesting host
Depend on how much 5k means to you. Statistically it wasnt a bad decision at all as more boxes we left with less thsn 5k at the time. Right decision but unfortunate outcome
@@andrew1903 I disagree since the boxes contain discreet amounts and are not continuous you should take the median average I.e.the middle value if the boxes were ordered by value. 5k was above the median value therefore statistically 5k was a reasonable offer. It was just unfortunate that he held the 250k box , which was less that likely when he accepted the offer. If 5k meant a great deal to him it was a sensible deal as opposed to going home with a pitifully amout which given the number of blue boxes left wss a good probability.
@edd9632 It absolutely does - the £250,000 doesn't 'drag' the average up because, as mentioned, the boxes are discreet values. It's the median that matters, not the mean.
Wrong, the mean value is the only value which matters when it comes to calculating equity, I promise I play a lot of poker, he had roughly 33k in equity, so taking 5k is such a misstep. You can work out the equity by averaging all the values, as the boxes get removed this value gets adjusted. The only pure maths strat for the game is to accept a deal when the banker offers money at least somewhat close to the amount of equity you have@@JulianShagworthy
No nuts at all serves him right .........hate the way they all go on about what they think is in their box yet they haven't a clue .........and now they we have Stephen mulhern to stick too .......watching with the sound off best choice lol
@@james_44you get an ornament if you get to the final round and it's a far more interesting game to watch. It's one of the rare enjoyable game shows for viewers who love questions about geography, music, film, words, the natural world or the periodic table. Deal or deal is like watching paint dry. Just open your box and go do something more interesting 😂
@@anngulliver5964 we now know you much prefer quick daytime quiz shows over dramatic, slower stuff like deal or no deal or any other primetime show, and that's totally fine.
@@Bowling4986 I think that Deal or no deal was a daytime show. I haven't watched it since it's come back. I quite like the 1% Club. Have you seen I Literally Just Told You on Channel 4 hosted by Jimmy Carr? That's a surreal game show 🤣
That reaction from the audience though. Sounded like they just witnessed a murder.
It was a financial murder.
Sound like a pack of howling wolves 😂
F*cking state of them 😂😂😂😂
Never has winning £5,000 been such a sad occasion
£5,000 is a lot of money , you never know what someone’s situation is !!
£5,000 is never good enough!
Noel's absolutely loving this.
Banker must have been laughing his socks off
"You got £5000, you never had that to start with" With that attitude, you'd just sit and wait it out every game.
Open your box and go out
Statistically, he made a sound choice - he only had a 1 in 4 chance of having a higher amount than the offer.
Agreed most people fail to see that through
The issue is the average win with that board is over £33k. Of course people have different tolerance to risk. For example if we replaced the £250k with £1 billion he almost certainly wouldn't have dealt even though your logic still applies. Conversely, even knowing the average, if there was a hypothetical board of 1p and £1 billion but the offer was £1 million, personally I'd probably accept that offer as £1 million is still a life changing sum of money even though it's wayyyyy below the average. That was a sound choice to him clearly but others may not consider it so
@lowbarscooter The problem is that the boxes are discreet values, so the mean average is a pretty useless metric, although psychologically it holds a lot of weight. The median is a more appropriate measure with discreet data, which is only £750 for this board.
@@JulianShagworthy I disagree considering the significant disparity in the max value box though as I point out with my first example. Using your logic the max value box could be worth a trillion pounds and it still wouldn't change the median even though almost anyone on the planet, presumably including the man in this video, would turn down a 5k offer in that situation
@@JulianShagworthy totally agree I also posted something similar on another reply. The mean average is useless the median is important and as mentioned the 5k offer was well above this. It was a sensible deal just v unfortunate how things unfolded
Noel Edmonds is so insincere, he was absolutely loving it! Lol
Still better than that Steven whats its face!
That is £245,000 worth of regret; just shy of £360,000 adjusted for inflation.
Serves him right. Who deals at 5K when they still have the 5K,10K & 250K
It could have gone the other way.
On Tuesday someone dealt 9000 when he still had 100k and it was in his box! He dealt so early 😭
@@MiiCreator23 It’s sods law.
@@stevenpaulgouldingTo be honest, my question is who deals at anything if the £250,000 is still on the board?
@@christianfrost8660 Deal or no Deal is a game of chance and timing. It’s about doing the right deal at the right time. It is a random competition.
He just lost £245,000 from a £5,000 deal what a fool
Clip from episode on 4th November 2013. :)
Hahahahaha the scream when the 250k is revealed 😂😂😂😂
I'm surprised that the banker didn't set off the fireworks when Noel revealed the quarter million in Collin's box, but that probably would've been too much insult to injury. This was just sad to watch.
I bet he was doing the macarena and gorging on a king size pack of cheesy nibbles after that
I absolutely love these kind of episodes...folk make me sick with their speeches and sob stories then they bottle it lol
Ha that’s me opening the box at 2:00
Forgot how bad this was. Poor Colin
Haha made my day.
A bird in the hand is worth two in the bush
Could be worse, could be called Collin.
It’s hard to feel bad for Collon
Some people are just morons. Dealing at a £5k with £250k still on the board.
That's what I thought, I'd rather go home with fuck all than blow the chance at getting 250k. What a walloper!
And you're a moron for thinking that it can't all just change for the worse in one round. He got a good offer as there was only 2 boxes higher what he dealt at. It's been shown in the last few episodes this week that someones turned down a few thousand and then lost the 250000 in their next round.
@@CraigNiel but suppose you only needed a certain amount. Maybe someone wants to invest it in a business or something.
Guy has a family . He wanted something to take back for them.
To be fair at that point he still could have ended up with 1p/50p. Better to take something home!
You can save up 5k, you only get 1 chance to be there.
If I was left with the 10k and 250k and i got offered 88k, i definitely would have taken it. But the 5k wasn't worth the deal
At 07:22 it literally sounded like someone had just been murdered in front of the audience.
I remember this episode
Even though he's made 5k it feels like a big lose,
the show at its lowest point the worst of contestants thank god Paddy came along and remedied things
I imagine on DS the day this happened, you went into a psychotic meltdown Wilson!
@@chaingangsoldier3100 no because I'd gone after paddy won lol I dropped the show I just watched roop and that's it
@@srwilson3s2k14 Ahh right got ya bud, but if this had happened back in 2007-08 you probably would've lost your nut I'd imagine on the DOND forums
@@chaingangsoldier3100 just a waste innit why risk taking 5k with 250k still there go for broke by that point
@@srwilson3s2k14 Exactly! If I were a contestant, my game plan would be: As long as least one of the power 5 is still there, I'm motoring on and going all the way unless the Banker gives some insanely generous offers!
I get the whole "here's what you could have won" disappointment...but you turn up with nothing, you're guaranteed to play (unlike Who Wants to be a Millionaire), you don't even have to answer any intellectual questions - you just open boxes, and then you take home 5K which you didn't have before...and people cry?!. What a world we live in.
It’s literally gambling except your guaranteed to leave with something xd
The boxes are a load of shit. The real game is whether you cave in to the banker or not.
@@minkstar9021it's not gambling if you're not gambling your own home
@@sneezydeezymcdeluxe7015if I wanted shit I'd simply walk around the back alleys
“It’s okay” 😅😅😅
Used to wind me up tha 😂😂😂
I watched an episode of Deal or No Deal UK that had a person deal at $6K, and had $250,000 in the case. I don't know where it is now.
I Should Never Do This
Worst deal ever even though the guy came in with fuck all, opened a few shitty boxes and walked away 5 grand richer. It's a bad deal in hindsight, that's all. To him, he's 5 grand up for literally fuck all. Happy days.
if i remember correctly they all live in the same hotel while the show goes on so it could be weeks or months of your time before you even get selected
Get in the real world 5k shocking
Are you this guy? Lol
@@TheOriginalMegaKing 5K he didn't have before, you greedy pig.
@@nuclear_winter Am I fuck.
This show is crap, and I used to like it back in day. The way Noel rubs it in your face pre opening your box is cruel.
It was my guilty pleasure back in the day. Now I can see why it's crap. The heartbeat and dramatic music are what made it tense.
Noel rubbing salt on wounds is the reason to watch this show.
It's even more heartbreaking as my whole family were crying in the living room as I was watching it in my bedroom. Colin is by far our least favorite contestant on this show. This happened in 2013 so there could be a way to forget about our moment. I feel so sad I'm trying to forget about it.
Dangerous
5K with 250K still in play, what a puff.
It seemed unlikely that dealing at 5k could have worked. The likelihood of taking it out was low even if it wasnt in his box and he had some back up. Must be a big regret even though it was 10 years ago.
What a fanny , 5 grand 😂😂😂😂
Lot for a yurt
His expected value at the time was over £33,000, taking £5,000 is horrendous regardless of outcome
The deal taken last night on the new version was dreadful.
Is dad for real saying 5k is ok 5k wouldn't do anything for him
-£245,000, not trying to hate but I think that was the STUPIDEST deal of DoND UK history
HAHAHAHAHA
Sods law.
It depends how much you need the money. £5,000 is a lot of money for some people and you can't predict the boxes. I don't blame him tbh.
5000 is good money to a retard. In a typical month most people fart 5000 out of their anus
@@paulhiggins1577 Do they?. This episode is from 2013. The averege yearly salary was around 13,000 to 15,000. You're an idiot.
Average yearly salary in 2013 for those in FTE was £27,000@@AlecMcOne
I'm sure you just "fart away" 60 grand a year. Complete waffle@@AlecMcOne
You should check out....Richie Bell deal or no deal
I kinda understand the deal
Guess it depends on your financial situation. I would see it as a nice amount but not a life changing one so probably wouldn’t deal in that situation.
@@xcf5587you could buy a yurt and live in that
epic deal of all time
DoND was WELL AND TRULY a shadow of it's old self by this point - This period was completely dominated by cautious deals, weak contestants, at least half the people on the wings negative wing advice to get the person in the chair to deal, and BS excuses for dealing early! Something tells me it was all a charade to try and deter people from gambling to save the show money......
The people who dealt early was the ones who had no money. (Me included at that time)
The people who won big and went further in the game did so because they had a comfortable lifestyle with big savings in the bank. They could afford the risk.
Many of us quit out jobs to be able to film for 4 weeks.
No silver lining there at all it doesn’t matter what his dad said . The biggest victory for banker against biggest bottle job in deal or know deal history
dead right. what a dopey loser
😂😂😂😂😂😂😂😂😂😂😂😂
It seems alot of these contestants want/need some money just to pay bills and help out their family. I think they'd benefit alot more if the show just gave them a couple grand to help them out.
It’s ok? Losing 245k is ok?
😂😂😂😂😂
My sympathy level is nil.
He certainly shouldn't think about taking up poker. If he had some kind of serious debt, needed to fund some kind of medical treatment, or there was some kind of similar situation going on in his life, I could sort of understand him taking the money.
What can £5000 get you in this day and age that would make a significant difference to anyone's life if they happen to be on more than a subsistence level of income? Very little is the answer.
I would've said no deal.
I love it when this happens :) Also noel is very cringeworthy with his big, corny speeches.
I forgot all about them tbh lol. To be fair though he went through probably over a thousand shows, have to be a bit dramatic and spice things up to be an interesting host
@@nuclear_winternot a massive noel fan in general, but he was just about the perfect host for this game...
5k for the munsturs
Depend on how much 5k means to you. Statistically it wasnt a bad decision at all as more boxes we left with less thsn 5k at the time. Right decision but unfortunate outcome
Statistically a box was worth £33,281.31 when he sold his for £5k. Obviously depends on risk appetite but it was a pretty awful deal.
Yeah that's not how maths works, idiot...
@@andrew1903 I disagree since the boxes contain discreet amounts and are not continuous you should take the median average I.e.the middle value if the boxes were ordered by value. 5k was above the median value therefore statistically 5k was a reasonable offer. It was just unfortunate that he held the 250k box , which was less that likely when he accepted the offer. If 5k meant a great deal to him it was a sensible deal as opposed to going home with a pitifully amout which given the number of blue boxes left wss a good probability.
@edd9632 It absolutely does - the £250,000 doesn't 'drag' the average up because, as mentioned, the boxes are discreet values. It's the median that matters, not the mean.
Wrong, the mean value is the only value which matters when it comes to calculating equity, I promise I play a lot of poker, he had roughly 33k in equity, so taking 5k is such a misstep. You can work out the equity by averaging all the values, as the boxes get removed this value gets adjusted. The only pure maths strat for the game is to accept a deal when the banker offers money at least somewhat close to the amount of equity you have@@JulianShagworthy
If i was the banker i would drink all day and night i will ha ha ha down the phone
🤣🤣🤣🤣🤣🤣 what a dreadful deal
When does used to spray his beard with show polish
You could have £245,000 more
I lost £400 the other weekend on online casino so I kind of feel his pain 😢
That's worse for you because that was your £400 which you lost. This guy went there with nothing and took home £5k
Just one more time and you'll make it big!
5k is not life changing money that was a stupid deal
For some it is a huge amount
@@huwpickrell1209 still not life changing no matter how much u got
Yes it is a life changing sum. You could buy a yurt and live in that
Like the fact they say £5,000 is good when clearly is not
Absolutely fool!!!
Hahaha what a fool
Ouch!
Crying over Money 💰
Screwed himself over a bit there 😮
Serves him right, ungrateful git too. He's the one that decided to deal, lucky he even got to play at all.
No nuts at all serves him right .........hate the way they all go on about what they think is in their box yet they haven't a clue .........and now they we have Stephen mulhern to stick too .......watching with the sound off best choice lol
Lol
88k when you have 250k and 10k thats a low offer. 125k at least
This programmes pointless. Why go through opening all the boxes?? Just choose one to keep and that's that!!
I think Pointless is the one with Alexander Armstrong.
You say this shows pointless then describe the most pointless show ever 😂 the game would last 5 minutes.
@@james_44you get an ornament if you get to the final round and it's a far more interesting game to watch. It's one of the rare enjoyable game shows for viewers who love questions about geography, music, film, words, the natural world or the periodic table. Deal or deal is like watching paint dry. Just open your box and go do something more interesting 😂
@@anngulliver5964 we now know you much prefer quick daytime quiz shows over dramatic, slower stuff like deal or no deal or any other primetime show, and that's totally fine.
@@Bowling4986 I think that Deal or no deal was a daytime show. I haven't watched it since it's come back. I quite like the 1% Club. Have you seen I Literally Just Told You on Channel 4 hosted by Jimmy Carr? That's a surreal game show 🤣
disability special?
@@paulhiggins1577 is retard your favourite word? 😂
Hahahaha dumbest deal ever