SOLUTION: The odds against Lightning winning the third race are 9:4. If Sally places an $8 bet on Lightning to win and Lightning wins, find Sally’s net winnings..
I know that is equals
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Question 205063: The odds against Lightning winning the third race are 9:4. If Sally places an $8 bet on Lightning to win and Lightning wins, find Sally’s net winnings..
I know that is equals 18 but I don not know how to to the figures on it can some one please help me.. My aunt helped me but she didnt explain how to get the answer.. please help
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
9:4 odds
Means it pays $9 for every $4 wagered.
An $8 wager is twice 4 so payout will be twice 9 or $18.
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