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The odds against an event are the ratio of unfavorable outcomes to favorable outcomes
The odds in favor of a horse winning a race
are 3:7. What is the probability of the horse winning the race?
The probability of a contestant winning the grand prize on a
game show is 2/13245. What are the odds in favor and against
the contestant winning prize?
Odds are another way to write probability
If the odds are a : b , then the probability is a/( a+b)