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 Lynda.com. 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


***************************************************

Comments

Please Leave a Comment!





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