This is NOT homework, I just can't find how to explain something to my parents?

In 9 to 4 odds, it means that every time you bet $4, you get $9 back, which of course is a +$5 difference. You gave up $ in order to make the deal, so, aren't you technically only making a profit of $1, not 13, or 5?


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Most Helpful Guy

  • You get your stake back plus difference.
    4 dollar stake at 9/4 - Return is 13 dollars

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What Girls Said 2

  • not homework...

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    • How is this helping anything? I said it's NOT homework

  • Your calculations seem off. Why is the profit only $1?

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What Guys Said 2

  • Profit is the money retained after covering expenses. In this case, putting up the initial 4 dollars is the total expense. On receiving the nine dollars, four would cover the initial expense and five dollars would be the profit.

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    • But you're having to spend $4 initially, yes you'd be making what looks like $5, but, you're getting $1 back because you gave $4. It's a common casino trick, to make you think you're making more, when you're actually not

    • Rereading, you are NOT getting 9 dollars back, you are only getting 5, the profit is only one dollar.

      Gotta read closer before posting.

  • I think you'd be making five.

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