Winter 2001
Week #4
(Corrected Version of Week #2)
Reading the poetry of Charles Bukowski might
help you to solve the WSU Math Department's


 

  A SURE THING!
 

On a surefire tip from Dancing Jim (who is mobbed up), Charles "Buk" Bukowski placed some bets with Bubba the bookie. Dancing Jim had told "Buk" that in the third race at Hollywood Park one of the four outsiders was bound to win.  Of the four, the first horse has odds of 3 to 1 to win, the second 4 to 1, the third 5 to 1, and the fourth  6 to 1. What must "Buk" bet on each horse to make a profit of $101, no matter which of the four outsiders wins? (Odds of 3 to 1 mean you win $3 for every $1. Therefore if you bet a dollar and win, you will receive $4, giving you a profit of $3.)

Solution