Answer the Question $23 : 1$ B) $22 : 1$ C) $1 : 22$

question 147

Multiple Choice

Answer the question.
-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) \(23 : 1\)
• B) \(22 : 1\)
• C) \(1 : 22\)
• D) \(115 : 120\)

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