Odds and Probability are frequently misunderstood. Suppose you want to know the chances of rolling an eight with a pair of dice. There are five ways to make an eight out of 36 possible outcomes, so the odds of rolling an eight are 5 in 36. Conversely, the odds against an eight are 31-to-5. The probability of an eight is 5 + 36 = 0.1389.
Odds and Probability
Lawton Barnes
Lawton Barnes owns 14 video poker and slot machines in various states of disrepair. He desperately needs to get a haircut and a real job.
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