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
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-> 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
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Question 211060: 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) $72 Answer by edjones(8007) (Show Source):
You can put this solution on YOUR website! 9:4 = 2.25:1
For every dollar you wager you win $2.25
Sally wagered $8.
2.25*8=$18.00 will be her net winnings.
.
Ed
