There is no miracle strategy for Jeopardy. Either you know the answer, or you
don't. However, some contestants have employed specific techniques that have
proved success. For example, if a contestant is highly knowledgeable in a
specific category, they may buzz before the question is completed. Buzzing is
an art. When all three contestants buzz at the same time, a second makes the
world of difference. Buzzing early will put you ahead, and may help you score
additional points. Contestants torn between two possibilities may allow another
contestant to take the first stab at the answer. This way, if they get the
answer wrong, the next contestant can buzz in behind them and score the points.
Another technique to playing Jeopardy is wagering modestly. Some contestants
become too confident and bet all their money. In turn, they lose all their
earnings because they gave the wrong answer. Contestants should bet enough
money to place them ahead of the competition. However, taking risky chances can
result in a negative score. Contestants who score below zero cannot compete in
final Jeopardy. The problem lies when contestants get greedy and want to win
the game with a huge lead.
Outcome
Jeopardy does not cover the expense of contestants. Sadly, many who are
invited to appear on a live taping are unable to attend because they cannot
afford airfare or accommodations. Many contestants take a chance hoping that
they will win big to cover their travel expenses. Aside from prize money,
Jeopardy awards two prizes of $1000 and $2000 to the second and third place
winner. Contestants may not win prize money in the tens of thousands, or return
as a champion. Nonetheless, they beat the odds and lived their dream of
becoming a Jeopardy contestant.