Multiple Choice
Suppose you are playing a game of chance. If you bet $5 on a certain event, you will collect $115 (including your $5 bet) if you win. Find the odds used for determining the payoff.
A) 1 : 22
B) 23 : 1
C) 22 : 1
D) 115 : 120
Correct Answer:
Verified
Correct Answer:
Verified
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