- James Holzhauer is on a 31-game winning streak for ‘Jeopardy!’
- The ‘Jeopardy!’ star credits his experience with sports betting for his winning streak.
- Building up cash quickly during the show is the key to his success.
LAS VEGAS – ‘Jeopardy!’ star James Holzhauer said that sports betting is the reason he is on a 31-game winning streak. He spoke about it at the International Gambling and Risk Taking Conference held in Las Vegas.
James Holzhauer has accumulated over $2.3 million by winning ‘Jeopardy!’games. He is currently behind Ken Jennings, who won $2.5 million in a 74-game streak. At this rate, Holzhauer is going to surpass the total winnings that Jennings achieved.
A Little Luck And Sports Betting Knowledge
Holzhauer does admit that luck is a factor in his winning streak. But he uses his math and gambling skills to control that luck. If you watch him play, Holzhauer usually goes for the higher value questions. Answering those questions gives him an early lead and gives him more room for errors.
Those higher value questions usually have Daily Doubles. Once Holzhauer hits a daily double, he wagers a large sum of his money (usually all), for the question. If he is correct, he already has a huge advantage over his competitors. If he is incorrect, the money he piled up will give him time to recover.
That is not the only advantage that having an early lead gives Holzhauer. Like in poker, a large sum of money will intimidate other players. This is especially true with how Holzhauer thinks about the money he plays with during the games.
“I’m thinking it’s 11,000 chips, not $11,000 you’re betting. It’s a tournament and you only see the money you actually win,” said Holzhauer.
It is likely that his fellow ‘Jeopardy!' competitors do not view the money in the game in the same way. This allows Holzhauer to take riskier options and earn more money faster. He also tends to hit the buzzer faster than his fellow competitors.
His math skills also are a factor in his winning streak. Holzhauer graduated with a bachelor’s degree in mathematics from the University of Illinois. Holzhauer uses his math skills to gamble on sports, which is how he makes his living.
States all over have made online sportsbooks for USA players legal, or are in the process of doing so. That means more people are becoming aware of the activity. This is part of the reason why his ‘Jeopardy!’ winning streak means so much to him.
“If I can be a positive face for [sports betting], that would be really good,” said James Holzhauer.