perplexus.info :: Probability : Taking the Long Shot

Taking the Long Shot (Posted on 2024-03-18)

Right before the fifth race at Santa Anita, the word got out that one of these horses was going to win the race:
Lightning Bolt: a 2-1 shot
Golden Honey: a 3-1 shot
Matchmaker: a 4-1 shot

Assuming this tip is true, how much would Alex have to bet on each of the three horses to be assured of coming out with a $39 profit?

Submitted by K Sengupta

Rating: 5.0000 (1 votes)

Solution: (Hide)

Alex would have to bet $60 on Lightning Bolt, $45 on Golden Honey, and $36 on Matchmaker.
For an explanation, refer to the solution submitted by Charlie in this location.

Comments: ( You must be logged in to post comments.)

	Subject	Author	Date
	solution	Charlie	2024-03-18 12:05:01

Please log in:

Login:
Password:
Remember me:

Sign up! \| Forgot password

Search:

Search body:

Forums (1)
Newest Problems
Random Problem
FAQ | About This Site
Site Statistics
New Comments (6)
Unsolved Problems
Top Rated Problems
This month's top
Most Commented On

Chatterbox:


perplexus dot info