Guess there is such a thing as frugal gambling

Current events

If you want to learn Excel, keep reading or Get 10 days of free unlimited access to for professional help and Excel Tutorials

Heard on NPR this morning: a woman placed two $0.10 bets at Swartz Creek Raceway and won $21,584. That’s a CAGR of infinity according to my little calculator (starting amount $0.20, ending amount $21,584, # of years = 0.00002, assuming the whole thing took 10 minutes). Actually, I had no idea placing such low bets were even possible. She had to pick the top four finishers in the correct order, something called a Superfecta.


Look Good at Work and Become Indispensable Become an Excel Pro and Impress Your Boss



Please Leave a Comment!

Please note: Comments may be moderated. It may take a while for them to show on the page.