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O Game: Alice vs Bob. Betting platform 1 offers 5-36 odds in favor of Alice winning. Betting platform 2 offers 1.5 odds in favor of
O Game: Alice vs Bob. Betting platform 1 offers 5-36 odds in favor of Alice winning. Betting platform 2 offers 1.5 odds in favor of Bob winning. You have S1000 to bet and you intend to bet all of it. You will bet part of your money in betting platform 1 on Alice winning and the rest in betting platform 2 on Bob winning. How should you bet to guarantee your profit and maximize that guarantee? (Round to the nearest dollar.) O Game: Alice vs Bob. Betting platform 1 offers 5-36 odds in favor of Alice winning. Betting platform 2 offers 1.5 odds in favor of Bob winning. You have S1000 to bet and you intend to bet all of it. You will bet part of your money in betting platform 1 on Alice winning and the rest in betting platform 2 on Bob winning. How should you bet to guarantee your profit and maximize that guarantee? (Round to the nearest dollar.)
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