Quote:
Originally Posted by Phang
see this is an example of when you really totally absolutely shouldnt post because you don't know what you are talking about.
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I don't think I'm wrong, he's talking about 'odds' but he's using the / which is probability. Odds uses the ':' which means 'to'.
Code:
Let me clarify the difference between probability and odds. The
probability of an event is defined as:
(Chances for)
P(x) = ---------------
(Total chances)
So, for example, the probability of drawing an ace in a single deck of
52 cards is 4/52 = 1/13 (or about 0.077 = 7.7%).
Odds, on the other hand, are given as:
(Chances for) : (Chances against)
Incidentally, odds of 1:1 would be read as "one TO one", not "one OUT
OF one." (The words "out of" seem to imply total chances, which is
probability, not odds.)
The last time I checked 1000/1 means 1,000 devided by 1 which equals 1,000 which multiplied by 100 to convert to percent is 100,000%.
ref:
http://mathforum.org/library/drmath/view/56706.html