Enigma 125: A great day for the race
9 September 2013
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From New Scientist #1269, 3rd September 1981 [link]
Fred Betts noticed that there were nine runners in the big race and asked his bookie what odds he was offering.
“3-1 on Bonnie Lass, 4-1 on Golden Stirrup, 7-1 on Two’s a Crowd, 9-1 on Greek Hero and 39-1 the field,” he replied.
Fred thought for a few moments and then astounded the bookie by placing a bet on each of the nine horses, all to win. No each-way nonsense for fearless Fred. And all on credit, of course.
“You might as well give me my winnings now,” said Fred.
“The race hasn’t been run yet, sir,” smiled the bookie.
“That doesn’t matter,” said Fred. “When it has, you’ll owe me £200.”
And he was right.
How much did he stake on each horse?