Jai-Alai Question of the Week

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#526 - How do you compute average payoffs?

Posted on April 29, 2014 at 05:12:26 PM by Tiger

This is an important concept if you're into value analysis.

Let's say you watch two consecutive Quinielas. The first pays $25, the second pays $80. The Net pool is $750 each time.

Based on your rather limited sample (though the same logic would apply to a large sample), what is the AVERAGE Quiniela payout?

Think about it.


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