0
$\begingroup$

The odds against a horse winning are 2 to 1. What is the probability of this horse winning?

  • 0
    @Lord_Farin: Good suggestion! Thanks.2013-06-06

1 Answers 1

2

Assuming that $p$ are the odds of winning, you need to solve $\frac{1-p}{p} = \frac{2}{1}$. This gives $p=\frac{1}{3}$.