sarahmartin438 sarahmartin438

25-07-2016
Mathematics

Answered

suppose you are playing a game of chance. If you bet $2 on a certain event, you will collect $92 (including your $2 bet), if you win. FInd the odds used for determining the payoff

Verified Answer :

BlueStorm BlueStorm

25-07-2016

even odds 1/1 would be collecting $5 back, so you get 10/5 and you calculate the odds from (10 - 5)/5. So 11/5 back is (11 - 5)/5= 110/5= 22/1 odds.

Answer Link

Related Questions

When stating measurements eg 10 x 20 x 30 which is height which is width and which is length Please

A plaines altitude changes by 1000 feet Is the plane going up or down

What is the distributive property of 7x6

A vegan patient be deficient in which nutrient a Calcium b Vitamin C c Vitamin D d Vitamin B12 e Polyphenols

On a Christmas package Audrey needs only 40 cent stamps and 16 cent stamps If she uses twice as many 40 cent stamps as 16 cent stamps how many of each type of s

Which of the following is an example of marginal utilityO the cost of your vacationO your total clothing purchasesO the pleasure of eating one more doughnutO th

What is a major difference between formal and informal economic sectors

Match each type of educational qualification with its descriptionassociate degreecertificationcareer collegedoctoral degreebachelors degreefouryear collegelevel

Previewing is a method used to

Web Analytics