The racing puzzle
Puzzle
It was told that two lads, each with the same amount of cash, played the races upon Lord Rosslyn's system of placing as many dollars upon the poorest horse as they offer odds of so many dollars against a single dollar. Jim backed "Kohinoor" to win straight, while Jack bet on him for second place, so they put up different amounts at different odds, although the amount of their bets together was equal to half of their combined capital. They both won, but when they cashed their winnings and counted their capital, Jim had twice as much money as Jack. Now, who can guess the amounts won?
Solution
Show solution
References
- Loyd, Sam [1914]. in Loyd, Sam, Jr.: Sam Loyd's Cyclopedia of 5000 Puzzles Tricks and Conundrums (in English). New York: Lamb Publishing company, page 50.
