Sports betting
For a football game two betting shops offer different odds:
Betting office A
| match result | 1 | 0 | 2 |
| betting odds | 2.3 | 3.1 | 3.5 |
Betting office B
| match result | 1 | 0 | 2 |
| betting odds | 2.5 | 3.5 | 2.9 |
You bet on all possible game results at the betting shop, which offers the favorable odds. You distribute the bets so that your profit is independent of the game result and there is no risk. You spend a total of $ 17. How big is your profit (in dollar)?
The answer is 0.5.
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