Question

There is an 80% chance the team will win on Thursday. what are the odds against the team winning on Thursday

Answer 1

1:4

Explanation:

100% - 80% = 20%

So, your team has 20% loss.

To express this as odds against the team winning, we divide the probability of losing by the probability of winning:

odds against winning = probability of losing / probability of winning

odds against winning = 0.2 / 0.8

odds against winning = 1/4

So, the answer is 1:4