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During the commercial break after they find out the category.

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Q: When do the contestants on Jeopardy place their bets for final Jeopardy?
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Why do contestants bet almost all of their money on final jeopardy when they don't know the answer?

They wager money before knowing the question. The subject is given first and the players bet their money based on that. So once the question is given they can't change their wager even if they don't know the answer. Plus it's part of the game strategy to help decide who the winner will be. Even if you hate the category you don't know whether you will know the answer. Many players in first place wager only the about needed to insure victory if the second place person gets it right after betting it all. For the second place person it's sometimes based on the math that even if the first place contestant gets the answer wrong he still will have more money than I have unless I bet and win and he gets it wrong.


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