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Multi-bets

Multi-bets

TLF ID A003643

In this lesson, students will calculate both the payout and the odds for various multi-bets, demonstrating how even this increased payout does not match the probability of achieving such a bet, and therefore the risk and appeal of the bet should be weighed up. The lesson is outlined in detail including NSW curriculum links, learning intentions, discussion points, materials required, student handouts, student and teacher reflection points. This lesson is part of the GambleAware program from the Office of Responsible Gambling, Department of Enterprise, Investment and Trade, NSW Government.

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Educational details

Educational value
  • Teaching and learning
Year level

10; 11

Topics Problem solving Gambling Independence (Experiments) Two-way tables
Learning area
  • Mathematics

Other details

Contributors
  • Publisher
  • Name: Department of Enterprise, Investment and Trade, NSW Government
  • Organization: Department of Enterprise, Investment and Trade, NSW Government
  • Description: Publisher
  • Address: AUSTRALIA
  • Resource metadata contributed by
  • Name: Education Services Australia Ltd
  • Organisation: Education Services Australia Ltd
  • Address: AUSTRALIA
  • URL: www.esa.edu.au
Access profile
  • Unknown
Learning Resource Type
  • Downloadable
  • Text
Rights
  • Copyright © 2022 Office of Responsible Gambling, Department of Enterprise, Investment and Trade, NSW Government. Free for use in Australian schools.