Show:
ODDS & WAGERING
B2B
RANDOM
100

-Wager $50 on Golden State to beat the Lakers

- Odds are +112

HOW MUCH WOULD YOU WIN?

50(112/100) = $56

100

What's the probability you roll a 6 on a die?

1/6

100
What company made the "Iphone"

Apple

200

-Wager $20 on Miami Heat having an all-star player next season

-Odds are -142

How MUCH WOULD YOU WIN?


20(100/142) = Around $14.10

200
If the casino rolls 100 6's in a row, the gambler's fallacy states the probability of the next number being 6 is greater than 1/6, less than 1/6 or exactly 1/6.

It stays 1/6 like how it was for the other 100 rolled. The probability doesn't change the more you roll or less you roll. 

200

Fastest animal in the world

Cheetah

300

Cavaliers = +123

How much would you have to risk to win $50 on Cavs taking the ML?

x(123/100) = 50

(100/123)x(123/100) = 50(100/123)

x = Around $40.65

300

Jacob has 5 quarters and six dimes in his pocket. He pulls out a coin. The odds in favor of him pulling a quarter is 5:6. 

WHAT ARE THE ODDS IN FAVOR OF THE COIN BEING A DIME?

6:5

300

Winner of 3pt Contest this year

Stephen Curry

400

Chiefs ML = +237

Bucs ML = -124

How much would you have to risk to win $250 on Chiefs taking the ML?

x(237/100) = 250

(100/237)x(237/100) = 250(100/237)

x = Around $105.49

400
You flip a coin three times and then roll a fair six-sided die three times. The coin lands heads-up everytime and the die shows and even number every time. 


WHAT'S THE PROBABILITY OF THIS HAPPENING?

1/2 x 1/2 x 1/2 x 1/2 x 1/2 x 1/2 = 1/64

400

Who teaches the B2B class?

Mr.Hagan

500

Break Even - Odds are -352



100/(100/352 + 1)

100/(113/88) = Around 77.88

500

There are four jelly beans and five skittles in your pocket. You randomly pick a candy out of your pocket and place it on a counter. Then you randomly pick another candy. The first candy is a jelly bean and the second is a skittle.

WHAT'S THE PROBABILITY? 

4/9 x 5/8 = 20/72 or 5/18

500

First man to walk on the moon

Neil Armstrong