Racetracks quote the approximate odds against each horse winning on a large board called a tote board.The
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Racetracks quote the approximate odds against each horse winning on a large board called a tote board.The odds quoted on a tote board for a race with four horses are as follows.
Horse Number . . . . . . . . . . . . . . . . . . . Odds
2 . . . . . . . . . . . . . . . . . . . . . . . . . . ..... . . . 15 : 1
3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..... . 15 : 1
4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ......1 : 1
5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ........3 : 1
Determine the probability of each horse winning the race.
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Related Book For
A Survey of Mathematics with Applications
ISBN: 978-0134112107
10th edition
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
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