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Trifecta Betting in a 12-Horse Race: Odds & Calculations

Chapter 4, Problem 18

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QUESTION:

Trifecta In horse racing, a trifecta is a bet that the first three finishers in a race are selected in the correct order. In a race with 12 horses, how many different trifecta bets are possible? If you randomly guess the order of the first three finishers in a race with 12 horses, what is the probability of winning?

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QUESTION:

Trifecta In horse racing, a trifecta is a bet that the first three finishers in a race are selected in the correct order. In a race with 12 horses, how many different trifecta bets are possible? If you randomly guess the order of the first three finishers in a race with 12 horses, what is the probability of winning?

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