I need some help with this, basic though it is.
If the probability of something happening is 7/10 does that make the odds of it happening 7/3?
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I need some help with this, basic though it is.
If the probability of something happening is 7/10 does that make the odds of it happening 7/3?
if the chance of something happening is 7/10 then it will happen on average 7times and not happen 3 times for every 10 attempts
7:3, yes - but, more importantly, why do you need to know this?
Some write the odds as 7:3, others as 70%. They mean the same thing, but the 7:3 notation makes it easy to compare against money odds. If you bet $7 to win $3 in a 7:3 situation, you would break even statistically. If you could bet less or win more, it's a +EV situation.
Basically, Take a pack of cards.Quote:
Originally Posted by Tasha
Q) 52 cards in the pack , the probability of you pulling any Ace out is ?
A) There are 4 aces , so 4/52 is the fraction , which simplifies to 1/13.
Do you know that 4/52 is the same as 1/13 ?
If you do , you should see that 7/10 cant be 7/3
edit
brush up here http://onlinestatbook.com/chapter5/basic.html
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See parts 1-3 in http://www.flopturnriver.com/pokerfo...ad-180192.html