Sports Betting
If the odds were +200 how much would you have to bet to win 800
$400
100/200 = x/800
200x = 80000
If you had $8 and you gained $8 and now you have $16 how much percent did you increase
100%
16-8/8(100)
If you flip a coin what are the chances of heads
50%
What color do you get if you mix red and blue
Purple
picking which team or player will win a game or match outright.
MoneyLine
if the odds were -100 how much would you have to bet to win 1000
$1,000
100/100 = x/1000
100x = 100,000
If you had $50 and went down to $26 how much percent did you decrease
48%
50-26/50(100)
If you pull a card what are the chances of getting a king
4/52 = 1/13
Orange
the mistaken belief that if a random event has occurred more frequently than normal in the past, it is less likely to happen in the future
Gambler Fallacy
if the odds were +500 how much would you have to bet to win 50,000
$10,000
100/500 = x/50,000
500x = 5000000
If you had $100 and increased to $10000 how much percent did you increase
9,900%
10,000-100/100(100)
If you spin a spinner with four green four red and four yellow what are the chances of landing on one yellow
4/12 = 1/3
What color do you get if you mix blue and yellow
Green
y=a(1+r)^t
what letter is the initial amount represented by
if the odds were -300 how much would u have to bet to win 1000
$3,000
300/100 = x/1000
100x = 300,000
If you had $50,000 and went to $16,700 how much percent did you decrease
66.6%
50,000-16,700/50,000(100)
if you flip three coins what is the probability it lands on heads 3 times in a row
1/8
What color do you get if you mix black and white
Grey
What is
A x P(a) + B x P(b) + C x P(c)
Expected Value
if the odds were +600 how much would u have to bet to win 1000
$166.67
100/600 = x/1000
600x = 100000
If you had $250,987 and went to $589,786 how much percent did you increase
134.99%
589,786-250,987/250,987(100)
What is the probably you flip three coins and get exactly one tails
3/8
What color do you get if you mix Light blue and Black
Dark blue
y1 = ax1^2 + bx + c
Linear Exponential or Quadratic
Quadratic