Science Queeries
A neigh-sayers’ guide to the odds
36:12
On Melbourne Cup Day, we are reining in the hype of the horse racing and letting maths take the lead.
Betting on every horse seems like a “can’t lose” kind of thing…but it is. We’ll canter through the calculations, gallop through how the odds really work, and explore the maths & psychology that betting organisations exploit to show why the house always wins.
We don’t want to be backing foal’s…