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?

See The Solution Submitted by K Sengupta

Rating: 5.0000 (1 votes)

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

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