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
    How much does a Lego cost?
    This is a three act task, with an activity guide...
    Candy deals
    We found big mixed bags of candy at really...
    The Fiscal Cliff - sounds scary
    We've used a graphic to help students understand...
    Bits, bytes, and nibbles
    Clicking on the image will show it larger. ...
    Total lunar eclipse
    On the morning of November 8, 2022, many of us...
    Federal debt and deficit - What are they?
    What's the big deal with our national debt? ...
    Jock tax 2023
    Great professional athletes make a lot of money....
    Do I have enough wrapping paper?
     In this problem based activity students...
    March Madness - Does seeding really matter?
      March Madness, the big 68 te...