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The odds of winning a game are given as 1:25. What is the probability that you...

The odds of winning a game are given as 1:25. What is the probability that you will win this game? What is the probability that you will lose this game? Consider which number in the odds ratio needs to change and how it needs to change in order to increase the probability of winning.
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Answer #1

Since odds of winning a game are 1:25, so out of 25 1 26 games, one game is won

Hence the probability of winning is 26 , and

the probability of losing is 2-2

In order to increase the probability of winning, the number 1 must be increased and correspondingly the number 25 is to be decreased.

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