What Are My Odds?
A golf contest offers a $1 million prize for a $100 entry fee. What are my odds? Less than 1 in 10,000, or the organizers would lose money.
Transcript
[A golf course; a sign: "$1 MILLION PRIZE, $100 to enter"] "What do you think my odds of winning are?" "Well… less than 1 in 10,000."
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Free for classrooms, worksheets, slides and other non-commercial use under CC BY-NC 4.0, with credit to Ben Orlin.
Cartoon by Ben Orlin, Math with Bad Drawings. https://cartoons.mathwithbaddrawings.com/2018-09-18-what-are-my-odds/ (CC BY-NC 4.0)