Originally Posted by Sarahsaurus:
“I think the problem is people are counting their stake as part of the winnings, when technically they're not. If I bet a hundred pounds on an evens chance, and it wins, I've won a hundred pounds, plus my stake back. I'm picking up two hundred, but I've not won two hundred, because a hundred of the two hundred was mine anyway.
Try telling somebody that's bet £500 on a 1/5 chance which wins that they've won £600. They haven't, they've won a hundred. Five hundred of the six hundred returned was their own money..
I agree with some people that the question was not especially well worded, but the correct answer is not in doubt.”
Yep agree the question could have been worded better, but it is right.
And whilst basically agreeing with you, as a gambler myself, if I'd put £100 on an even money shot and won, I would say I'd won £200. For me tht £100 has gone once I've put the bet on. That's just how gamblers think.