Buy or Sell

Buy or Sell is a pricing game on the American television game show "The Price Is Right". Debuting on March 27, 1992, it is played for three four-digit prizes, each valued between $1,000 and $4,000; along with a cash bonus.

Gameplay

The contestant is shown three prizes, each an incorrect price either above or below the actual price. One by one, the contestant must determine whether to "buy" or "sell" a particular item. The goal is to "profit" by buying underpriced items, and selling overpriced items.

After all three decisions are made, the actual prices are revealed one at a time. For a correct decision, the difference between the two marked and actual prices is added to the contestant's bank. For a wrong decision, the difference is subtracted from the contestant's bank.

After all three prices have been revealed, if the contestant has a positive total in their bank (at least $1), he wins all three prizes plus the bank total in cash. "Breaking even" (finishing with $0 in the bank) is considered a loss, although the prices are usually chosen to prevent this from happening.

History

The cash bonus was not added to the game until October 30, 1997. The highest cash award possible in the game, which has been won three times, is $1,900, since the differences used are always multiples of $100 and the tote board can't display anything larger than "1" as its thousands digit.

Buy or Sell's tote board was staged in several different locations over the course of its first few playings. On November 30, 1998 the digital readout on the board was changed from pink neon lights on a blue background to greenish-blue LCD-type digits displayed on a black background, as the original tote board was hard to read. In the first few playings of Buy or Sell the tote board was much larger than it is today.


Wikimedia Foundation. 2010.

Look at other dictionaries:

  • buy and sell — (Shakespeare) To traffic in • • • Main Entry: ↑buy …   Useful english dictionary

  • buy and sell — index barter, deal, trade Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • Buy and sell — Das Hamburger Chilehaus gehört einem offenen Immobilienfonds Offene Immobilienfonds sind Investmentfonds, die es Kapitalanlegern ermöglichen, sich mit verhältnismäßig kleinen Beträgen an Immobilien zu beteiligen. Neben offenen Immobilienfonds… …   Deutsch Wikipedia

  • buy and sell — A constitutional right under the guaranty of life, liberty, and property. 16 Am J2d Const L § 357 …   Ballentine's law dictionary

  • buy-and-sell agreement — ➔ agreement * * * buy and sell agreement UK US noun [C] LAW ► an agreement saying that the remaining partners of a company will buy the part of a company owned by a partner who dies, becomes unable to work, or wants to sell: »A buy and sell… …   Financial and business terms

  • Buy And Sell Agreement — An approach used by sole proprietorships, partnerships and closed corporations to divide the business share or interest of a proprietor, partner, or shareholder. The owner of the business interest being considered has to be disabled, deceased,… …   Investment dictionary

  • buy stop/sell stop orders — See stop orders. The CENTER ONLINE Futures Glossary …   Financial and business terms

  • cross-purchase buy and sell agreement — Under this type of arrangement, the surviving owners of a business agree to buy out the withdrawing owner. Assume, for example, R and S are equal shareholders in T Corporation. Under a cross purchase buy and sell agreement, R and S would contract …   Black's law dictionary

  • rate sth a buy/hold/sell — rate sth (as) a buy/hold/sell ► FINANCE, STOCK MARKET to advise investors to buy, keep, or sell particular shares or bonds Main Entry: ↑rate …   Financial and business terms

  • rate sth as a buy/hold/sell — rate sth (as) a buy/hold/sell ► FINANCE, STOCK MARKET to advise investors to buy, keep, or sell particular shares or bonds Main Entry: ↑rate …   Financial and business terms

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.