The odds against a horse winning a race are 6 to 5. What is the probability of the horse winning the race? Conversion formulas for ODDS IN FAVOR and AGAINST to and from PROBABILITY 1. If odds in favor of event E are "a to b" then P(E) =2. If odds against event E are "a to b" then P(E) = 3. If P(E) = , then ODDS in favor of event E = "a to b-a" 4. If P(E) = , then ODDS against event E = "(b-a) to a" We need formula 2: 2. If odds against event a horse winning a race are "6 to 5" then P(horse winning the race) = = Edwin