In January 1980, Edwards debuted as the host of the new Barry & Enright show "Play the Percentages", which he hosted until the end of the television season when it was cancelled. He also hosted his last daytime network show when he substituted for Bill Cullen (then filling in on "Password Plus" for an ill Allen Ludden) on two weeks of NBC's "Chain Reaction", another Bob Stewart show. Edwards also briefly tried his hand at producing when he teamed with Mark Maxwell-Smith to form Smith-Edwards Productions in 1980. The duo signed a deal with Warner Brothers to produce the game show pilot "Pot of Gold" for NBC, but the series never sold. They also worked on a talk show based on the magazine Ladies Home Journal, but that series also failed to sell and Smith-Edwards Productions folded in 1981. Later that year, Edwards returned to television to host a daily revival of "Treasure Hunt" for syndication that was cancelled at the end of the 1981–82 season.