Format
The host selected a participant from a seemingly random group gathered around him or her on a street, at the beach, or on a college campus. The M.C. (Master of Ceremonies) then presented the stunt and told the player how much money he or she would win if the dare was successfully completed. If the contestant rejected the amount of money, the host usually raised the bet. As soon as a bet was agreed upon, the player attempted the stunt. If successful, the contestant won the money. If unsuccessful, he or she won nothing except for what was collected in a "pity jar" by audience members watching.
On several occasions, if a participant did not agree to a bet, the host would ask if someone else in the audience would do it for a "Stolen Bet" of the same amount of money offered to the original participant.
Several segments were shown per episode, the end of which usually showed the contestant saying "I Bet You Will..." followed by the name of the stunt or the thing the contestant had to do.
Read more about this topic: I Bet You Will