In the bonus round, the winning contestant now gets to predict how some of the children answer a question. This time instead of choosing a child verbally, lights around the children flash around the board and the winning contestant stops it by hitting the red button in front of him/her (ala Press Your Luck). When it lands on child, a general knowledge question is read, then he/she gets to predict whether that child will or won't know the answer. If the winning player gets three predictions right before getting two wrong (three in earlier shows), he/she wins $1,000 for a total $1,500. Note: In earlier show all seven were asked one more question, and on each kid, the winning contestant predicts how each one answered that question.

Each correct answer is worth 60 points and the player with the most points wins the game and $500, as well as the right to play the bonus round for an additional $1,000. If the game ends in a two-way tie, one last kid is played with the winner of the question advancing to the bonus round (originally, the tiebreaker consisted of the two players predicting how one of the kids would respond to a numerical question, with one giving a number and the other deciding if it would be higher or lower than that; because this was a copy of the format from Card Sharks, a lawsuit was threatened, and the tiebreaker was changed). If the game ends in a three-way tie, everybody goes to the bonus round.

Small Talk was a Reg Grundy game show that aired on The Family Channel in the United States from September 30, 1996 to December 28 of that year. Reruns continued to air until January 31, 1997. It was hosted by comedian Wil Shriner. This game combined elements of Hollywood Squares & Child's Play.

The show premiered in a Family Channel game block in 1996, alongside The New Shop 'Til You Drop, Shopping Spree, Wait 'Til You Have Kids, and The New Family Challenge.

To celebrate the premieres of those shows, a Family Channel special hosted by Cristina Ferrare and Chuck Woolery (both of whom hosted Home & Family on the same network at the time) was aired. It also featured all the hosts of those shows: Pat Finn for The New Shop 'Til you Drop, Ron Pearson for Shopping Spree, Wil Shriner for Small Talk, Tom Parks for Wait 'Til You Have Kids, and Michael Burger for The New Family Challenge.

The series was the last series in the United States to use the Reg Grundy name prior to its retirement by Pearson PLC. Under Pearson and successor-in-interest FremantleMedia, versions have aired abroad in several nations.

Comedian Ronnie Corbett presented the UK version of the gameshow. In his version, there were nine children.