Experiment in Probability Learning: Instructions and Warmup
Try to predict which horse will win the next race by clicking on
Horse A or Horse B.
- The oddsmaker will tell you what percentage of the time Horse A or B will win in a race between the two. The oddsmaker is very
good, but not perfect. You should pay close attention to the oddsmaker's opinion of the horses.
- Imagine that you
win $100 each time you predict right and lose $100 each time you predict wrong.
Long-shots do not pay more than favorites, so just try to get as many correct as possible.
- Best strategy: Figure out which horse is better as soon as you can and then always
pick that horse.
Each game has 100 races. Each new game is different, so pay close attention to each new game.