A casino table pays 3:2 if you get a blackjack with your first 2 cards. If you scored a blackjack and were paid $60, what was your original bet?
How much did I win? ** The payout for blackjack is 3:2 or 3/2=1.5 times my bet
How much did I win? ** If my original bet was X then I won 1.5*X my bet
How much did I win? ** Given that I was paid $60 we know $60 = 1.5X
How much was my original bet? ** X=$60/1.5
How much was my original bet? ** X=$<<40=40>>40 was my original bet
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