SOLUTION: if my odds are 1 out of 4.63 how many tickets do i need to buy

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Question 633644: if my odds are 1 out of 4.63 how many tickets do i need to buy
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
if my odds are 1 out of 4.63 how many tickets do i need to buy
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P(you win) = 1/5.63 is approximately 18%
P(you lose) is approximately 82%
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The more tickets you buy the better your chances of winning will be.
Cheers,
Stan H.