...Beauty, cleaning, DIY tips and more - free to join!
   Login   Contact us   Site map   Puzzle Club   Ask a question    Newsletter

Math Probability

If you have 3 horses in a race, A (price 6/4), B (7/4) and C (7/2). For a stake of 1000 how do i get the maximum return by backing all 3 (if they have the same chance)?
Question asked by: tommyg3

Asked on: 15 Oct 2008

Bet the minimum allowed bet on A and B and the rest on horse C - if as you say they all have equal chance of actually winning and the odds are unrepresentative, then put it all on the odds that offer the highest return - in this case 7/2.
By: knowitall
Replied at: 19 Oct 2008
star star star star
Average rating for this answer is 4 / 5

Rate Answer
Comment or provide your answer to this question
No comments have been added to this question "Math Probability".
Ask a New Question

Find out more about Maths

Maths Questions and Answers

probability Questions and Answers

Next question: write down any squared numbers less than 100


Become a Member! It's Free >>>

Share on Facebook: On Twitter: TwitterTweet this!

Question Keywords

probability  math  

More Questions:

Why 10 Is Taken As A Base In Standard Form?
Probability
How Can I Estimate The Speed Of A Car
Linear Algebra
I Don't Understand Math - How Can I Get Better?