SOLUTION: If the probability of winning is 1/4, then what are the odds-against of winning?

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Question 639076: If the probability of winning is 1/4, then what are the odds-against of winning?
Answer by Edwin McCravy(20060)   (Show Source): You can put this solution on YOUR website!
PROBABILITY =  = 

ODDS in favor = S:F

ODDS against = F:S

 = 

Cross multiply

4S = S+F
3S = F

Divide both sides by S



Therefore F:S = 3:1

Edwin

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