Racetracks quote the approximate odds for each race on a large display board called a tote board.

Here's what it might say for a particular race:

What would be the probability of winning for each of these horses? Note: The odds stated are for the horse's losing. Thus, \[P(\text { horse } 1 \text { losing })=\frac{18}{18+1}=\frac{18}{19}\]
so \[P(\text { horse } 1 \text { winning })=1-\frac{18}{19}=\frac{1}{19}\]

Transcribed Image Text:

OXF ODDS 41 18 WIN PLACE SHOW 118-42132 2323 20156 BUI 00065 00 20 44