50 points to the first poster that answers this correctly

[Albert Pujols]

Joe bet the Canucks to win the series and risked 2200 to win 1k. Before game 7, he no longer liked the bet and wanted to bail out with a small loss and have nothing at risk on game 7. How much did he bet on the Blackhawks at +150?

Create an algebra equation and solve for x, which is the amount he bet on the Blackhawks. Show your work.

[StraitShooter]

I dont see how you could call 500 or more a small loss

[Albert Pujols]

Small as possible then.

[itriedsohard]

stupid. fuking. thread.


oh and first post of day

[Albert Pujols]

And it's much less than 500.

[yisman]

2200=1.5x

divide both sides by 1.5

x=1466.666...

If the Blackhawks win, Joe breaks even.

If the Canucks win, Joe loses $466.666...

[rfr3sh]

2200 = 2.5x
880 risked
Where x is your bet at +150

[muldoon]

A = Amount at Risk (2200)
B = To win (1000)
C = Decimal of Chicago odds (2.5)

x = (a/c)
x = 880

[Albert Pujols]

2200=1.5x

divide both sides by 1.5

x=1466.666...

If the Blackhawks win, Joe breaks even.

If the Canucks win, Joe loses $466.666...

Incorrect.

[yisman]

Alternatively, Joe could bet $1280 on the Blackhawks to win $1920, meaning he has no risk and loses $280 regardless of the outcome.


A)Blackhawks win. He wins $1920 and loses $2200, for a net of -280.
B)Canucks win. He wins $1000 and loses $1280 for a net of -280 again.

[StraitShooter]

And it's much less than 500.

then I am wrong cause I dont see that possible..Its even more than 500

I dont know algebra but my basic math is decent

[StraitShooter]

my bad

[King Mayan]

Fukke meeee..

[Albert Pujols]

Alternatively, Joe could bet $1280 on the Blackhawks to win $1920, meaning he has no risk and loses $280 regardless of the outcome.


A)Blackhawks win. He wins $1920 and loses $2200, for a net of -280.
B)Canucks win. He wins $1000 and loses $1280 for a net of -280 again.

Incomplete.

[rfr3sh]

What about my answer??

2200 = 2.5x
2200/2.5 = x

X = 880

So he bets 880

[Albert Pujols]

What about my answer??

2500 = 2.5x
2500/2.5 = x

X = 880

So he bets 880

Wrong, sorry.

[rfr3sh]

Oh I get why its tricky

3200 = 2.5x
3200/2.5 =x

X = 1280 risked

[rfr3sh]

2200 only accounts for your wager, but you need to solve it for what you would receice back total if it won

[Albert Pujols]

Oh I get why its tricky

3200 = 2.5x
3200/2.5 =x

X = 1280 risked

Incomplete. Show the initial equation.

[Albert Pujols]

2200 only accounts for your wager, but you need to solve it for what you would receice back total if it won

Ok I will consider this the winner.

[rfr3sh]

What

2200 * 1.45 = y

Y = 2.5x

3200 = 2.5x

3200 / 2.5 = x

X = 1280

[Albert Pujols]

1000-x = 1.5x-2200
3200 = 2.5x
x=1280
Loss of $280

[rfr3sh]

Interesting I took a different approach but it led to the same thing, best thing about math..thanks for the points

[yisman]

I don't know how to draw up equations but I did get the correct answer first.

[Albert Pujols]

I love algebra. It is applicable to real life just like this here. I wish I had become a high school math teacher. I'd probably have parents complaining about gambling lines showing up on my extra credit problems.

[Albert Pujols]

I don't know how to draw up equations but I did get the correct answer first.

This is true but my first post was clear on the rules.

[rfr3sh]

Yeah math is very useful except I find algebra way more practical then calculus

[rfr3sh]

Which is what they teach us at uni and it is brutal

[Albert Pujols]

Yeah math is very useful except I find algebra way more practical then calculus

Yeah I loved math all through school from 1st grade thru high school. The highest I took was Calculus 1 and was afraid of all the classes above calc 1 just to be able to teach hs algebra. I wish I had gone that route though.

[rfr3sh]

Well you saved yourself some headaches that's for sure

[yisman]

took calculus as a prereq for stats which was a prereq to econometrics

[daneault23]

Well you saved yourself some headaches that's for sure

Tell me bout it. Takin calc right now, and got more 2 calc classes to go. FML.