SOLUTION: How do I answer this question? The odds against WildHorse winning the third race are 11:2. If Molly places a $4 bet on WildHorse to win and WildHorse wins, find Molly’s net winn

Algebra ->  Probability-and-statistics -> SOLUTION: How do I answer this question? The odds against WildHorse winning the third race are 11:2. If Molly places a $4 bet on WildHorse to win and WildHorse wins, find Molly’s net winn      Log On


   



Question 126818: How do I answer this question?
The odds against WildHorse winning the third race are 11:2. If Molly places a $4 bet on WildHorse to win and WildHorse wins, find Molly’s net winnings
A) $5.50 B) $44 C) $16.50 D) $11 E) $22

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
The odds against WildHorse winning the third race are 11:2. If Molly places a $4 bet on WildHorse to win and WildHorse wins, find Molly’s net winnings
A) $5.50 B) $44 C) $16.50 D) $11 E) $22
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$11 is paid for every $2 bet
EQIATOPM"
x/4 = 11/2
x = 44/2 = $22
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Cheers,
Stan H.