Leicester City Pays Off Big at 5000-1 Odds

Leicester City Pays Off Big at 5000-1 Odds

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the unexpected success of Leicester City in winning the Premier League at 5000 to 1 odds, a historic event in sports betting. It explores the impact on betting strategies, highlighting the need for reevaluation of long-shot odds. The discussion also covers the potential increase in interest for betting on underdogs and the financial implications for betting companies. Leicester's success is attributed to team spirit and consistency, defying expectations and setting a precedent in sports history.

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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