Question 748226
what are the odds for winning?
{{{(matrix(5,1,
ODDS,IN,FAVOR,OF,WINNING))}}}{{{""=""}}}{{{(matrix(3,1,
PROBABILITY,OF,WINNING))}}}{{{":"}}}{{{(matrix(3,1,
PROBABILITY,OF,LOSING))}}}
</pre>
the probability of not winning is 0.526
<pre>
That's the probability of losing.

So the probability of winning is 1 - 0.526 = 0.474

{{{(matrix(5,1,
ODDS,IN,FAVOR,OF,WINNING))}}}{{{""=""}}} 0.474 : 0.526

Multiply both parts of the ratio by 1000

{{{(matrix(5,1,
ODDS,IN,FAVOR,OF,WINNING))}}}{{{""=""}}} 474 : 526

Divide both parts of the ratio by 2

{{{(matrix(5,1,
ODDS,IN,FAVOR,OF,WINNING))}}}{{{""=""}}} 237 : 263

Edwin</pre>