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Plot summary

Perfect Bid: The Contestant Who Knew Too Much (2017) Plot Summary & Timeline

Perfect Bid: The Contestant Who Knew Too Much (2017) movie poster

Perfect Bid: The Contestant Who Knew Too Much is a 2017 documentary film directed by CJ Wallis, running 1 hour 12 minutes. This page retells the whole story in 375 words (about 2 minutes to read) and covers 12 key events in order, 3 characters, where and when it is set and 3 themes. Looking for the cast, ratings and where to stream it? See the movie page for Perfect Bid: The Contestant Who Knew Too Much.

to read the plot summary
2 min
key events in the timeline
12
characters profiled
3
themes explained
3
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Perfect Bid: The Contestant Who Knew Too Much (2017) movie poster
Released
Runtime
1h 12m
Director
CJ Wallis
Genre
Documentary
Original language
English
No spoilers

What Is Perfect Bid: The Contestant Who Knew Too Much About?

The premise of Perfect Bid: The Contestant Who Knew Too Much in 280 words, with nothing given away. The full story follows below.

In the colorful, noise-filled world of daytime television, where game shows have shaped American pop culture for decades, one quiet figure stands apart — Ted Slauson, a soft-spoken math teacher whose peculiar hobby began as a childhood fascination and grew into something far more extraordinary. While most viewers passively watch from their couches, Slauson devoted himself to the meticulous task of recording and memorizing the prices of prizes featured on The Price Is Right, a pursuit he started all the way back in 1972. What began as curiosity slowly became a lifelong obsession, weaving itself into the rhythm of his daily existence.

When he came of age, Slauson didn’t just watch the show — he traveled to it, hoping to take the stage himself. Whether or not he landed a spot in the contestant rotation, his dedication never wavered. The studio audience, with its bright lights and roaring cheers, became a familiar backdrop for a man whose love for numbers transformed into something almost ritualistic. His passion for precision and pattern recognition sets him apart from casual fans, painting him as a uniquely devoted participant in the spectacle.

As the years unfold, the film captures the strange intersection between Slauson’s solitary scholarship and the loud, communal energy of game show culture. There is a quiet tension between his careful, almost academic approach and the chaotic joy of the studio floor. The story hints at how this unusual dedication might ripple outward in unexpected ways, raising quiet questions about enthusiasm, obsession, and the thin line between knowledge and influence. Beneath the cheerful surface of televised entertainment, something is stirring — something that even the most loyal viewers might not have anticipated.

Full plot

What Happens in Perfect Bid: The Contestant Who Knew Too Much?

The complete story of Perfect Bid: The Contestant Who Knew Too Much, from the first scene to the last, in 375 words (about 2 minutes). Spoilers throughout. Names in the text link to 1 cast member page.

Spoilers ahead

Throughout his early years, Theodore Slauson dedicated a significant portion of his life to a very specific obsession: documenting and meticulously memorizing the exact prices of the various prizes featured on the iconic game show The Price Is Right. This passion was not merely a hobby, but a long-term strategy. Once he reached the age of 18, Slauson began traveling to the show’s recordings with the primary goal of becoming a contestant himself.

However, Slauson’s influence on the game extended far beyond his own attempts to get on stage. Even during the episodes where he was not selected from the audience to participate, he utilized a specific rule of the show that allows audience members to yell out prices. By doing this, Slauson acted as a silent architect of victory, providing critical price information to other contestants to help them secure cash and luxury prizes.

Over the course of many years, Slauson continued this practice, frequently guiding contestants toward the “perfect bid”—the exact price of an item. His most notable claim involves a high-stakes moment during the final showcase. Slauson asserted that he provided the winning information that allowed a contestant to submit a perfect bid on the showcase, which, according to the game’s specific rules, resulted in that contestant winning both showcases, totaling tens of thousands of dollars in value. This was not his first claim of success; he also maintained that he had previously assisted two other contestants in bidding within such a small margin of error that they were also granted both showcases.

The dynamic of the show shifted significantly after a contestant named Terry Kniess achieved a perfect bid to win the double showcase. Following this event, the producers of The Price Is Right took action to protect the integrity of the game. They began increasing the diversity of the items used and frequently changing the options packages associated with automobiles. Since cars are the highest-priced single items on the show, these frequent adjustments made it nearly impossible for anyone to win simply by watching the show over a long period and memorizing prices.

While Terry Kniess has consistently maintained that he calculated the perfect bid independently, Theodore Slauson continues to claim that his intervention was the key to the victory.

Timeline

Perfect Bid: The Contestant Who Knew Too Much Timeline: Every Key Event in Order

12 key events in the order they happen, from “A childhood spent studying the show” to “Dispute over who made the bid”.

  1. 1

    A childhood spent studying the show

    Ted Slauson spent his early life devoted to The Price Is Right. He began documenting the show's prizes, laying the foundation for an extraordinary memory of their costs.

  2. 2

    Memorizing the price of every prize

    Slauson meticulously memorized the prices of the prizes featured on The Price Is Right. His obsessive record-keeping effectively turned him into a living database of the show's item prices.

  3. 3

    Turning 18 and traveling to the show

    When Slauson turned 18, he began traveling to The Price Is Right to become a contestant. He was eager to finally put his encyclopedic pricing knowledge to the test on stage.

    Where:The Price Is Right studio

  4. 4

    Repeatedly passed over as a contestant

    Despite his persistent attendance, Slauson was often not picked from the audience to be a contestant. Rather than give up, he discovered another powerful way to take part in the game from his seat.

    Where:The Price Is Right studio

  5. 5

    Yelling prices from the audience

    Slauson began yelling out prices to the contestants, a practice that was allowed on the show. His calls guided players toward the correct amounts, helping them win cash and prizes.

    Where:The Price Is Right studio

  6. 6

    Years of enabling "perfect bids"

    Over many years, Slauson kept calling out prices to contestants at the show. His assistance allowed players to submit the exact price, or "perfect bid," on a wide range of items.

    Where:The Price Is Right studio

  7. 7

    Claimed near-perfect showcase bids

    Slauson claimed that he helped two contestants bid within a small margin of error on the final showcase. Under a feature of the game, those near-perfect bids still allowed them to win both showcases.

    Where:The Price Is Right studio

  8. 8

    Terry Kniess makes the perfect bid

    Contestant Terry Kniess made the famous "perfect bid" on the final showcase, winning both showcases and tens of thousands of dollars in prizes. Slauson claimed that it was his help from the audience that steered Kniess to the exact price.

    Where:The Price Is Right studio

  9. 9

    Producers finally respond

    After Kniess's win, the show's producers started increasing and changing the diversity of the items used on the show. The overhaul was designed to stop the same prices from appearing over and over.

    Where:The Price Is Right studio

  10. 10

    Reworking automobile options packages

    The producers changed the options packages that impact the prices on automobiles, which are the highest priced single items contestants must price. This added a new layer of unpredictability to the show's biggest prizes.

    Where:The Price Is Right studio

  11. 11

    Memorization loses its power

    With constantly changing items and new pricing packages, it became much less likely that a contestant could remember prices simply by watching the show over a long period. The strategy that Slauson had relied on for years was effectively neutralized.

  12. 12

    Dispute over who made the bid

    Terry Kniess maintained that he came up with the perfect bid entirely on his own. Slauson claimed otherwise, insisting that his years of studying prices were what made the historic bid possible.

Characters

Who Are the Main Characters in Perfect Bid: The Contestant Who Knew Too Much?

3 characters, among them Theodore Slauson, Terry Kniess and Bob Barker: who each one is and the part they play in the story. 2 of them link to the actor’s page.

  • TS

    Theodore Slauson

    Played by Theodore Slauson

    Theodore Slauson is a deeply passionate and dedicated individual whose life revolves around *The Price Is Right*. His obsession with memorizing item prices showcases his commitment and strategic thinking. He acts as a silent supporter for contestants, revealing a complex blend of altruism and personal ambition.

    • 🧑‍🤝‍🧑 Contestant
    • 🎯 Strategist
    • 🏅 Achiever
  • TK

    Terry Kniess

    Terry Kniess emerges as a notable contestant who achieves a perfect bid, bringing into question the nature of skill versus luck in game shows. His claim of independent calculation highlights themes of individual achievement in a competitive environment. This character adds tension by contrasting his perspective with Slauson's claims.

    • 👤 Contestant
    • 💰 Winner
    • 🎉 Achiever
  • BB

    Bob Barker

    Played by Bob Barker

    Bob Barker is the iconic host of *The Price Is Right*, known for his charismatic presence and ability to engage the audience. His role as a figure of authority on the show adds depth to the competition and highlights the responsibilities of the host in maintaining game integrity.

    • 🎤 Host
    • 🌟 Icon
    • 📺 Television
Setting

Where and When Is Perfect Bid: The Contestant Who Knew Too Much Set?

Perfect Bid: The Contestant Who Knew Too Much is set in Los Angeles. Here is why the place matters to the story.

When

The events unfold primarily in the contemporary era, focusing on the long-running history of *The Price Is Right* and its evolution over the years. The timeline reflects a significant moment in game show history when contestants' strategies were notably challenged by the show's producers and the changes they implemented.

Where

Los Angeles

The movie takes place primarily in Los Angeles, known for its vibrant entertainment industry and iconic television shows. It's the home of *The Price Is Right*, a game show that has become a cultural staple for its unique format and audience interaction. The city represents the heart of television production and the dreams of many aspiring contestants.

  • 🌆 City
  • 📺 Game Show
Themes

What Are the Themes of Perfect Bid: The Contestant Who Knew Too Much?

3 ideas the story keeps returning to, among them Strategy, Secrets and Winning.

  1. 01

    Strategy

    The movie explores the theme of strategy through Theodore Slauson's meticulous approach to memorizing prices and guiding contestants. It highlights the lengths to which individuals will go to gain an advantage in competition. The narrative showcases how knowledge and preparation can lead to success in high-stakes situations.

  2. 02

    Secrets

    Secrets play a crucial role in this narrative, particularly in the subtle manipulation of the game by audience members. Slauson's behind-the-scenes influence on contestants illustrates the hidden tactics that can significantly impact outcomes, shedding light on the unseen dynamics of competition.

  3. 03

    Winning

    Winning, both on a personal and competitive level, drives the plot as Slauson helps others achieve their dreams of success on *The Price Is Right*. The allure of big prizes and the thrill of perfect bids accentuate the excitement of winning, reflecting the broader human desire for achievement and reward.

Tone & mood

What Kind of Film Is Perfect Bid: The Contestant Who Knew Too Much?

Light in tone, with steady pacing and a moderate story, going by the plot summary.

Tone
Light
Pacing
Steady
Story
Moderate
Intensity
Low
Ending
Ambiguous

An intriguing, lighthearted documentary that explores a math teacher's decades-long obsession with memorizing game show prices, revealing how a quirky hobby unexpectedly influenced television history.

  • curious
  • quirky
  • nostalgic
  • informative
  • intriguing
  • lighthearted
  • obsession
  • game shows
  • television history
  • contests

Quiz

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FAQ

Perfect Bid: The Contestant Who Knew Too Much Plot Questions

5 quick answers about Perfect Bid: The Contestant Who Knew Too Much, taken from the plot summary, character guide and setting on this page and the film’s credits.

What is Perfect Bid: The Contestant Who Knew Too Much about?

In the colorful, noise-filled world of daytime television, where game shows have shaped American pop culture for decades, one quiet figure stands apart — Ted Slauson, a soft-spoken math teacher whose peculiar hobby began as a childhood fascination and grew into something far more extraordinary.

Read the full plot summary

When and where does Perfect Bid: The Contestant Who Knew Too Much take place?

Perfect Bid: The Contestant Who Knew Too Much is set in Los Angeles. The events unfold primarily in the contemporary era, focusing on the long-running history of *The Price Is Right* and its evolution over the years.

The setting explained

Who are the main characters in Perfect Bid: The Contestant Who Knew Too Much?

The story follows Theodore Slauson (played by Theodore Slauson), Terry Kniess and Bob Barker (played by Bob Barker).

All the characters

What are the main themes of Perfect Bid: The Contestant Who Knew Too Much?

The summary picks out 3 themes: Strategy, Secrets and Winning.

The themes explained

Who directed Perfect Bid: The Contestant Who Knew Too Much?

Perfect Bid: The Contestant Who Knew Too Much (2017) was directed by CJ Wallis and runs 1 hour 12 minutes.

CJ Wallis’s films

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