# SOLUTION: Please someone help be solve this problem I am lost need the step by step solution. The odds against Lightning winning the third race are 9:4. If Sally places an \$8 bet on Light

Algebra ->  Algebra  -> Probability-and-statistics -> SOLUTION: Please someone help be solve this problem I am lost need the step by step solution. The odds against Lightning winning the third race are 9:4. If Sally places an \$8 bet on Light      Log On

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 Click here to see ALL problems on Probability-and-statistics Question 211219: Please someone help be solve this problem I am lost need the step by step 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. A)\$2.25 B)\$36 C)\$18.00 D)\$9.00 E)\$72Answer by Theo(3504)   (Show Source): You can put this solution on YOUR website!9:4 odds means you will win 9/4 * your bet. you get your money back plus that. ----- you bet \$8.00 you win 9/4 * \$8.00 = \$18.00. ----- you get back \$18.00 + \$8.00 = \$26.00 ----- Your net winnings are \$18.00 ----- it is explained at this website address: http://www.ultimatecapper.com/tote-board.htm -----