Chapter
Insurance for Big Prize Games
22:47 - 24:40 (01:53)
Insurance policies are taken out to protect companies from big payouts when people win prizes such as hole-in-one shots in golf tournaments or half-court shots in basketball games.
Clips
Game shows inflate prize values and use insurance policies and lotto-style payouts to ensure they can afford to pay winners and write off expenses on their taxes.
23:07 - 24:06 (00:59)
Game Shows
Summary
Game shows inflate prize values and use insurance policies and lotto-style payouts to ensure they can afford to pay winners and write off expenses on their taxes.
ChapterInsurance for Big Prize Games
EpisodeSelects: How Game Shows Work
PodcastStuff You Should Know
The Segway was invented to revolutionize transportation and free up city space.
24:06 - 24:40 (00:34)
Segway
Summary
The Segway was invented to revolutionize transportation and free up city space. However, the impracticality of the product, along with the high cost, made it a commercial failure.