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Specific types of prizes include: Booby prize: typically awarded as a joke or insult to whoever finished last (e.g., wooden spoon award). Consolation prize: an award given to those who do not win but are deemed worthy of recognition. Hierarchical prizes, where the best award is "first prize", "grand prize", or "gold medal".
A wooden spoon is a common booby prize in sporting events. A booby prize is a joke prize usually given in recognition of a terrible performance or last-place finish. A person who finishes last, for example, may receive a booby prize such as a worthless coin. Booby prizes are sometimes jokingly coveted as an object of pride.
Achilles expresses a desire to give Eumeles the second-place prize, a consolation prize in recognition of the losing participant's merit as a charioteer. This effort to award a consolation prize is thwarted by the actual second-place participant, Antilochus who successfully objects that the prize should go to the competitor whose performance ...
Some Oscar “losers” still get a consolation prize in the form of the notorious goodie bag. ... while films that win the Best Picture award get a $7.8 million average increase in domestic sales.
The inaugural recipient of the award was Frank Bruno in 1996, who won it after his retirement from boxing that year. [4] Bruno was the favourite to win the main award in 1995, but lost to Damon Hill, [5] causing many to criticise his Lifetime Achievement Award as being a consolation award.
In tournaments that do not award medals or have the third place finisher advance to something else, a third place playoff is a classification match that serves little more than as a consolation to the losing semi-finalists. A consolation game also allows teams to play more than one game after having invested time, effort and money in the quest ...
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Players eliminated before the finals win a fixed award of $5,000 for quarterfinalists or $10,000 for semifinalists. On the Fleming-era tournaments, all players kept their scores in cash at the end of each game, and in addition to their game winnings, the Grand Champions also won a tropical vacation and were presented with a trophy called the ...