Watch: James Holzhauer's 'Jeopardy!' winning streak comes to an end

All good things must come to an end.

For James Holzhauer, it's a bittersweet conclusion to a long journey: After 32 consecutive winning ounds, the "Jeopardy!" contestant was finally bested this week, but he's walking away with $2,464,216. Not too shabby.

Holzhauer's loss put him just shy of meeting record-holder Ken Jennings, the reigning champion by just $58,485. 

A pro gambler, Holzhauer's decision to wager low on his final episode left some fans confused. He bet $1,399 in Final Jeopardy, throwing even Alex Trebek for a loop. He later confirmed that it was a very calculated decision.

“By the time Final Jeopardy rolled around, I knew my goose was cooked if Emma answered correctly. It’s a little like needing a team to miss a last-second field goal — nothing you can really do but watch," Holzhauer later told The Atlantic. "I made peace with my fate before the clue for Final was even revealed.”

Impressively, it wasn't a wrong answer that knocked Holzhauer out. It was his competitor's luck in snagging the Daily Doubles that did him in.

"I knew I could only win if Emma missed Final Jeopardy, as there was no way she wouldn't bet to cover my all-in bet, so my only concern was getting overtaken by third place, and I bet just enough to make sure of not locking him out," Holzhauer explained to Action Network.

He continued, "Betting big would have looked good for the cameras, but now I turn my straight bet (Emma misses) into a parley (Emma misses, and I get it right."

Jennings set his record in 2004. Time will tell if it will ever be toppled.

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Alex Trebek and wife Jean Currivan
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Alex Trebek and wife Jean Currivan
HOLLYWOOD, CA - JUNE 04: TV personality Alex Trebek (L) and Jean Currivan Trebek attend the 43rd AFI Life Achievement Award Gala honoring Steve Martin at Dolby Theatre on June 4, 2015 in Hollywood, California. (Photo by Michael Kovac/Getty Images for AFI)
BURBANK, CA - APRIL 26: TV personality Alex Trebek (L) and Jean Currivan Trebek attend The 42nd Annual Daytime Emmy Awards at Warner Bros. Studios on April 26, 2015 in Burbank, California. (Photo by Michael Buckner/Getty Images for NATAS)
LOS ANGELES, CA - NOVEMBER 12: TV host Alex Trebek (L) and Jean Currivan Trebek attend the celebratory dinner after the special tribute to Sophia Loren during the AFI FEST 2014 presented by Audi at Dolby Theatre on November 12, 2014 in Hollywood, California. on November 12, 2014 in Los Angeles, California. (Photo by Michael Kovac/Getty Images for AFI)
HOLLYWOOD, CA - JUNE 05: Jean Trebek (L) and TV personality Alex Trebek attend the 2014 AFI Life Achievement Award: A Tribute to Jane Fonda at the Dolby Theatre on June 5, 2014 in Hollywood, California. Tribute show airing Saturday, June 14, 2014 at 9pm ET/PT on TNT. (Photo by Michael Buckner/WireImage)
HOLLYWOOD, CA - JUNE 04: TV personality Alex Trebek (L) and Jean Trebek attend the 2014 AFI Life Achievement Award: A Tribute to Jane Fonda at the Dolby Theatre on June 5, 2014 in Hollywood, California. Tribute show airing Saturday, June 14, 2014 at 9pm ET/PT on TNT. (Photo by Kevin Winter/WireImage)
BEVERLY HILLS, CA - APRIL 25: TV personality Alex Trebek (R) and Jean Trebek arrive at the Jonsson Cancer Center Foundation's 19th Annual 'Taste For A Cure' at Regent Beverly Wilshire Hotel on April 25, 2014 in Beverly Hills, California. (Photo by Axelle/Bauer-Griffin/FilmMagic)
LAS VEGAS, NV - JUNE 19: Alex Trebek (R) and Jean Currivan Trebek arrive at the 38th Annual Daytime Entertainment Emmy Awards held at the Las Vegas Hilton on June 19, 2011 in Las Vegas, Nevada. (Photo by David Becker/Getty Images)
Alex Trebek and wife Jean Currivan attend Hollywood Stars Night Thoroughbred Horse Race on June 22, 1990 at Hollywood Park in Hollywood, California. (Photo by Ron Galella, Ltd./WireImage)
Alex Trebek and wife Jean Currivan attend the opening of 'Jackie Mason - Brand New' on May 30, 1990 at the Henry Fonda Theater in Hollywood, California. (Photo by Ron Galella, Ltd./WireImage)
Alex Trebek and Jean Currivan during The 49th Annual Thalians Ball at Century Plaza Hotel in Los Angeles, California, United States. (Photo by John Heller/WireImage)
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