The odds of horse race betting

2023-11-20 09:44:47

The odds of horse race betting


Rich Strike surprised everyone at the Kentucky Derby horse race in early May by moving from 18th place at the half-way mark (out of 20 horses) to winning the race. Churchill Downs, the track in Kentucky where the race took place, paid out $81 for every dollar that was bet for Rich Strike to win. How do they figure that?  Is this fair?


For Adventurer members we have an editable Word docx of the activity, an Excel sheet of all of the race data, and our solutions.

Activity Solutions & Supporting Materials
Share this:
Comments (0)
    Display 1 - 10 Of total 0
    Tornadoes 2019
    Tornadoes have devastated the Midwest, U.S. in t...
    February 22, 2022
    Why do you suppose we are posting this date as a...
    How did they figure these tips?
      Act I:  This restaurant bill ha...
    V-o-r-t-e-x
    Weather temperatures have been extreme in the ...
    Sugary Record
    How big is the world's largest cotto...
    Which gasoline is the cheapest?
    When Brian traveled to ...
    Vampire Bats
    🦇In thi...
    Souvenirs and concessions
    Brian has introduced systems of equations with e...
    What time is it in Cambodia?
    I need help!  My daughter is traveling ...
    California water measurements - chains, links, and furlongs
     Help your students understand what they are ...