Probability & Combinatorics
Basic

Odds

Ratio of the probability of an event to its non-occurrence.

Formula

Odds=P(A)1P(A)Odds = \frac{P(A)}{1 - P(A)}

Variables

P(A)Event probability

Example

P=0.75: odds = 3:1

Did You Know?

Odds and probability express the same thing in different formats.