# Odds and Payoffs

• May 9th 2010, 06:54 PM
dumbINmath
Odds and Payoffs
Ok here is the problem

Lets think of this in terms of horse racing...

If you have
8 selections that have odds of 35/1
9 selections that have odds of 17/1
2 selections that have odds of 11/1
1 selection that has odds of 8/1

What amount must you wager on each horse to earn a profit every single time? Is it possible? I am not good with math at all. Any help would be much appreciated. Thanks in advance (Happy)
• May 9th 2010, 07:03 PM
Anonymous1
Quote:

Originally Posted by dumbINmath
Ok here is the problem

Lets think of this in terms of horse racing...

If you have
8 selections that have odds of 35/1
9 selections that have odds of 17/1
2 selections that have odds of 11/1
1 selection that has odds of 8/1

What amount must you wager on each horse to earn a profit every single time? Is it possible? I am not good with math at all. Any help would be much appreciated. Thanks in advance (Happy)

Theorem
You can't beat a fair game.

Theorem
You can expect to lose an unfair game.
• May 9th 2010, 07:20 PM
dumbINmath
So are you saying that it cant be done?