
Leicester City Pays Off Big at 5000-1 Odds
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Business
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University
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Practice Problem
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many people initially placed bets on Leicester City at 5000 to 1 odds?
22
47
125
500
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the largest cash-out amount taken by a bettor who placed £50 on Leicester City?
£250,000
£79,000
£29,000
£50,000
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which event was considered more likely than Leicester City winning the Premier League?
Elvis Presley being found alive
Finding the Loch Ness Monster
Manchester United winning the league
Justin Bieber becoming President
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected increase in interest for betting on longshots after Leicester City's win?
100 times
10 times
20 times
50 times
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the payout amount for Leicester City's Premier League win?
£1 million
£2 million
£3 million
£5 million
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a key factor in Leicester City's success according to the transcript?
Favorable weather conditions
Advanced training facilities
Team spirit and togetherness
High player salaries
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did Leicester City's team compare financially to Manchester City?
Leicester spent more on transfers
Both teams had similar budgets
Leicester's entire team cost less than one Manchester City player
Leicester had a higher budget
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