SOLUTION: When you bet that the outcome is it all number the pay of all there 1 to 1 how much profit do you make if you bet $18 win How much profit would you make on the $18 bet if you co

Question 1206554: When you bet that the outcome is it all number the pay of all there 1 to 1 how much profit do you make if you bet $18 win
How much profit would you make on the $18 bet if you could somehow convince the casino to change it to pay off odd so that there are the same as the actual odds against winning
Based on the preliminary wagering before the race, bettors, collectively believe that Barbaro had a 57 out of 500 probability of winning winning assuming that 57 out of 500 was a true probability of a barbaro victory what were the actual odds against his winnings?
If the payoff odds were the actual odds found in part C, how much what two dollars win ticket be worth after the barbaro win

Answer by ikleyn(52781) (Show Source): You can put this solution on YOUR website!
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Soup of words. Not edible.

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