It was first published in The Magazine of Fantasy & Science Fiction in May 1958 and first collected in Store of Infinity in 1960 by Bantam Books.
The short story is noted for its plot's anticipation of reality television shows such as Survivor and Fear Factor by several decades.
In the story he takes part in the greatest of all reality shows: he is to be hunted by professional gangland murderers.
As he is hunted, his journey is shown all over the US on TV and he receives help from viewers, the so-called Good Samaritans.
The story ends with Raeder winning "The Prize of Peril", but being dragged away after presumably having a mental breakdown, or merely "not being 'himself' at the moment," according to Terry.