Sponsored: How Talented Is Your Toddler? Wanna Bet on It?

The new ABC reality series "Bet on Your Baby" offers kids and their 'rents the chance to win $50,000 college scholarships

How many cookies could your kiddie stack without them toppling over? How long will your little precious hold on to a ball without letting it go, even with distractions like cupcakes and radio-controlled cars vying for his or her attention?

And whatever your answer is … would you be willing to bet $50,000 on it?

That's the premise of ABC's new family reality series Bet on Your Baby, which challenges parents to challenge their two and three-year-old children to complete such tasks, and then place bets on how likely the kids are to carry them out.

Hilarity and, of course, some ridiculously cute moments ensue when five families with children compete in each episode. In the first round, the kids enter the "Babydome," where they carry out the challenges their parents have bet on, in hopes of winning a $5,000 cash prize.

And at the end of the show, all five families return for the College Round, where one of them will earn a $50,000 deposit into the little one's college fund.

Comedian and "Reba" alum Melissa Peterman, who hosts the series, says, "As a mom, I liked the fact that the kids are having fun and being themselves; it's the parents playing the game. As someone who likes funny, there is no one more naturally hilarious and fun to watch than a toddler."

True that, as a quick search of "funny kids" on YouTube will bear out.

And speaking of funny, check out Time magazine humor columnist Joel Stein's take on Bet on Your Baby. Stein and wife Cassandra put their son Laszlo through the reality show's paces in the name of journalistic research.

Bet on Your Baby premieres on ABC April 13 at 8 p.m. ET.

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