Probability questions

Quote from James Stock:



Point is, you're wrong.

Not the way you worded it. Any 3 of the 4 horses in any order. That makes 4 bets. Geeez.
 
Quote from pspr:



Not the way you worded it. Any 3 of the 4 horses in any order. That makes 4 bets.

4 *3 * 2 = 24 bets.

Look at the wording again. you're confusing a "trifecta box" with a straight trifecta bet. Each trifecta box has 6 different combinations. So 6 *4 =24 combinations
 
Quote from James Stock:



4 *3 * 2 = 24 bets.

Look at the wording again. you're confusing a "trifecta box" with a straight trifecta bet. Each trifecta box has 6 different combinations. So 6 *4 =24 combinations

The combinations are as follows, yes or no?

Horses 1, 2, 3
Horses 4, 1, 2
Horses 3, 4, 1
Horses 2, 3, 4

Or did you mean that "you didn't care what order" but the bet (trifecta) does? I don't play horse racing so I'm just going by your post.

If that is the case then each combination above has 6 possibilities which is $24 (6*4) as you stated.
 
Quote from pspr:



The combinations are as follows, yes or no?

Horses 1, 2, 3
Horses 4, 1, 2
Horses 3, 4, 1
Horses 2, 3, 4

Or did you mean that "you didn't care what order" but the bet (trifecta) does? I don't play horse racing so I'm just going by your post.

If that is the case then each combination above has 6 possibilities which is $24 (6*4) as you stated.

Yes, I see you don't play horse racing. And I probably worded the question poorly (so whats new).

Your second paragraph has the answer, their are 4 different "trifecta box" bets, each costing $6.

There are 6 different ways horses 1,2,3 can come in etc.
 
Quote from James Stock:

And I probably worded the question poorly (so whats new).
One could say that. To be honest, if it weren't for my racing knowledge (all theoretical of course), I would have answered as pspr did.
 
Quote from James Stock:

it's slim pickins today. Maybe I/we should re-think running the scamsters off the board. They do provide alot of entertainment value.

You can always find a harrytrader post and run him in a few circles for laughs. He's not as much fun as Mrmarket, though.
 
Quote from pspr:



You can always find a harrytrader post and run him in a few circles for laughs. He's not as much fun as Mrmarket, though.

I used to think mr. market was the easiest and most fun to target. But lately, walter has equalled him.

mr. market knows exactly what he's doing, and walter hasn't a clue. Two interesting contrasts.

Cindarella said it best, "you don't know what you got 'til it's gone".
 
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