SOLUTION: The odds against King winning the third horse race is 11:2. If Jan places a $4 bet on King to win and King wins, what are Jan's net earnings?
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Question 187195: The odds against King winning the third horse race is 11:2. If Jan places a $4 bet on King to win and King wins, what are Jan's net earnings?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
She earns $11 for each $2 bet
Net earnings: $22
Cheers,
Stan H.
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