# How do odds differ from chances?

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I found an web page from Drexel University, "Ask Dr. Math", that explains the difference between odds and PROBABILITY. Perhaps that's the difference you're asking about.
See related link for the exact text.

"Odds" and "chances" are usually used interchangably.

The odds of my lottery ticket winning may be 100 million to 1.

(There are only two possible -outcomes- for that ticket. It's a winner, or it's a loser.)
Reply: The factor of PROBABILITY is exactually the point I am getting to... My question is more about PERCENTAGE than PROBABILITY because I am referring to a "combination" of numbers, such as five, or six, numbers appearing from a total comprised amount of numbers (number of chances). Since "lottery" has entered your answer to my question, we'll use that for the subject. ODDS and CHANCES are used interchangably, but there is still a difference between the two. If you were playing lottery would you select a combination like: 1-2-3-4-5-6? Why not? Because it would be improbable- right? You would pick more of a "scatter" pattern- because the "odds" say you have a better chance. This being a fact, patterns appear on different percentage levels (of wahich there can only be eleven) comprising the total number of chances. Of course, you would play the most propable one- eliminating the other ten patterns, and thus increasing your odds.

No. Although "odds" and "chances" ARE used interchangably in common conversation, there is a HUGE difference in the terms.

Simply put, "chance" relates to the likelyhood of a future event WITH NO HISTORY considered. "Odds", on the other hand, considers history. "Chance" is expressed as a percentage translation of the ratio of a particular outcome versus all possible outcomes.

"Odds" are expressed as a ratio WITHOUT a percentage translation. For example, if a (fair) coin is tossed 3 times and all three tosses land on heads, the PROBABILTY (odds) of the next toss coming up heads is only 1 of 16. The "CHANCE", on the other hand, never changes and is 50% on EVERY toss.
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# What are the odds of having kids with the same birthday but a different year?

Answer . In probability theory , the birthday problem , or birthday paradox  pertains to the probability that in a set of randomly chosen people some pair of them will have the same birthday . In a group of 10 randomly chosen people, there is an 11.7% chance. In a group of at lea ( Full Answer )

# Exactly what are the odds for the different payouts on slot machines?

That's a really tricky question because the odds vary so much between different slots\n. \nAlso, slots with the same name can vary in their payback. Sometimes what looks to be the same slot, but in a different location in a casino can have very different odds of winning the jackpot.\n. \nI would a ( Full Answer )

# Do casinos publish the odds for the different payouts on their slot machines?

Some casinos have to by law and some do not, i think the casino's on Indian reserves do not have to publish them, but other casinos have to. If by odds you mean the amount paid per winning combination and coins played, then yes, they are posted on the slot machine itself, how else would you know wh ( Full Answer )

# What is the difference between odd and even parity?

An even number can be divided by 2 evenly. An odd number will have a remainder of 1 when divided by 2.

# The difference between odd and even numbers?

An even number can be divided by 2 evenly. An odd number will have a remainder of 1 when divided by 2.

# Difference between odd and even parity?

An even number can be divided by 2 evenly. An odd number will have a remainder of 1 when divided by 2.

# Difference between adjusted and unadjusted odds ratio?

An odds ratio is the difference between the number of times thatsomething happens and does not happen. An unadjusted odds ratio isa guess between what could or could not happen.

# What are the chances of getting cervical cancer actual odds there are many vairibles like smoking etc but does anyone know what the overall odds are for the average woman?

well i am not sure about what might increase the chances of getting cervical cancer, but 30 women in the U.S.A. find out that they have cervical cancer everyday.

# Does 38 have a odd number of different factors?

The factors of 38 are 1, 2, 19, and 38. There are four different factors. The prime factors of 38 are 2 and 19. There are two different prime factors.

# What is the difference between even and odd numbers?

An even number can be divided by 2 evenly. An odd number will have a remainder of 1 when divided by 2.

# What is the difference between even and odd polynomial functions?

Even polynomial functions have f(x) = f(-x). For example, if f(x) = x^2, then f(-x) = (-x)^2 which is x^2. therefore it is even. Odd polynomial functions occur when f(x)= -f(x). For example,\nf(x) = x^3 + x\nf(-x) = (-x)^3 + (-x)\nf(-x) = -x^3 - x\nf(-x) = -(x^3 + x)\nTherefore, f(-x) = -f(x)\nIt is ( Full Answer )

# What is the difference between coincidence and chance?

Nothing actually. Coincidence is just more accurate meaning, as chance can also mean other things.

# My girlfriend's Mum has quite severe Rheumatoid arthritis What are the chances odds she will get it?

RA can be and often is passed on geneticaly Lifestyle has nothing to do with th onset of the disease. it is more likely to present in females then in males, the odds are there however I suffer from the disease and I am a male none of my brothers or my sister however have a problem with it.

# What is a difference between odd parity and even parity?

in even parity number of 1s is even called even parity . and or number of 1s is odd called odd parity . anil kuntal . anil kuntal you suck

# What is the difference between a crude odds ration and an adjusted odds ratio?

Odds ratio (AD/BC) is the ratio between number of times that something happens and does not happen. Crude odds ratio is the ratio that is not stratified (ex. by age). Adjusted odds ratio is a stratified odds ratio. If the odds ratio equals one, then there is no association, and null hypothesis ( Full Answer )

# What is the difference between even numbers and odd?

An even number can be divided by 2 evenly. An odd number will have a remainder of 1 when divided by 2.

# What is the difference between chance and probability?

Probability is more of a mathematical statisic whereas chance is more of luck or fortunance.

# The difference of the squares of two consecutive odd numbers is 48What are the odd numbers?

The numbers are ( x ) and ( x+2 ). Their squares are (x) 2 and (x+2) 2 , or (x 2 ) and (x 2 + 4x + 4). The difference between the squares is (x 2 + 4x + 4) - (x 2 ) = 4x + 4 = 48 4x + 4 = 48 x + 1 = 12 x = 11 and (x + 2) = 13 ====== Check: 11 2 = 121 13 2 = ( Full Answer )

# Odd ways of traveling in different countries?

In Saddam They Tie you up and Drive you in the boot a of a car, I have tryed it, its quite fun

# What is the difference between and even number and odd number?

If you divide an even number by two the result will be a whole number, e.g. 8 Ã· 2 = 4 . If you divide an odd number by two the result will be a floating point number, e.g. 9 Ã· 2 = 4.5

# What different between odd number and prime number?

While all prime numbers are odd (except 2), not all odd numbers are prime. 9 for example is an odd number, but you can get it by multiplying 3X3, so it is not prime. Odd numbers are numbers that are not divisible by 2. Prime numbers are numbers that cannot be generated by multiplying 2 whole numbers ( Full Answer )

# What are the odds of having two different colored eyes?

Someone answered this wrong on Yahoo Answers, so here's how youactually do it. Since there are other factors other than genes thatcan determine having two different colored eyes, such as trauma tothe eye, mutations, etc, there's no way of knowing. I don't knowhow many people are in the whole have tw ( Full Answer )

# What is the difference between even parity and odd parity?

An odd parity means there are an odd number of 1's and an even number of 1's. For example 0b11010100 has 4 1's therefore its an even parity 0u110100 has 3 1's therefore its an odd parity.

# How are odd numbers different from even numbers?

Easy answer is that an even number can be divided by 2 and the answer will have no leftovers. An odd number cannot be divided by 2 and the answer without leftovers. 2 divided by 2 is 1 3 divided by 2 is 1.5

# What is the difference between even and odd days at school?

In many middles schools, there is a special blocking for that day of the week. For example, on an even day you may have your 1st,3rd,5th,6th, and 7th periods. And on an odd day you have your 2nd,4th,5th,6th, and 8th. The even and odd blocking refers to what periods you have on that day. Ask the offi ( Full Answer )

# What is the difference between odd pinnate and even pinnate?

Odd pinnate is with odd pinnates and even pinnate is with even pinnates! So simple is it. It's very easy, I think.

# How are greyson chance and Justin bieber different?

they are different in so many ways. Greyson chance is way cuter than Justin beiber and they don't look alike at all and greyson chance is only thirteen My turn.... Similarities: They were both discovered on youtube. They are both really hott. They both sing. They are both awesome. They play pia ( Full Answer )

# What is the chance a different goaltender will sub in?

This question could have two different meanings a hockey goaltender or a soccer goaltender. Since the question deals with subbing in and hockey does not deal with subbing in I will guess you are talking about soccer. The chance of a different goaltender subbing in depends on different situations. In ( Full Answer )

# What it the difference of Probability and odds.?

Probability is defined as the chance of something occurring in a non paranormal phenomena. Odd's are the chances of the Probability happening.

# What are the differences between even and odd-toed ungulates?

Odd-toed have one to three toes, an odd number, while even-toed have two to four toes.

# What are the chances of rolling an odd number on a die?

Total possible outcomes of a single roll of a single die (1, 2, 3, 4, 5, 6) = 6 Odd numbers (1, 3, 5) = 3 Probability of an odd number = 3/6 = 1/2 = 50% .

# What is difference of even number to odd number?

even number can be divided by 2 to give a natural number undecimal whereas the odd number can't be divided by 2 or else given a decimal number

# What is the difference between the two odd numbers right after 20?

The difference is 2 . (23 - 21 = 2). If we are talking about two odd numbers that come right after the number 20 then we mean the two consecutive odd numbers after 20. The difference between any consecutive odd numbers (or between any consecutive even numbers) is always 2 .

# How is financial spread betting different from fixed odds betting?

Financial spread betting is more risky than fixed-odds betting because the profits and losses are undetermined. In fixed-odds betting the traders will know the profits and losses!

# What is the chance of winning twice when the odds are 50 percent?

If you mean like a coin toss, it's 50% probability of winning, also known as even or 1:1 odds. Winning once has a probability of p=0.5. Winning twice has a probability of p*p = p^2 = 0.25 = 25% = 1/4 = "1 chance in 4" = "odds of 3 to 1 against."

# How are even and odd numbers different?

Even numbers can be divided by 2 (with no remainder) while odd number can not be divided by 2 (with no remainder). 4 is an even number (2 into 4 goes twice) 5 is an odd number (2 into 5 goes twice with a remainder of 1)

# What is the difference between odd nos and prime nos?

odd is a number you cant halve a prime number is a number that you can double itself and it is odd

# Which difference is odd?

The difference that when divided by 2 does not give a whole number is the odd one. For example, 6-2=4 , 4 divided by 2=2 , 2 is a whole number; so 6-2 is not odd. 5-4=1 , 1 divided by 2=1/2 , 1/2 is not a whole number; so 5-4 is odd.

# How odd would it be to go to a store and you have different pairs of socks on?

Unless it was April Fools day it would be odd enough that people would be laughing at you.

# What is the chance of selecting an odd number from a pack of cards?

Assuming you count the jack & king picture cards as 11 & 13 respectively, the odds are 7:6 in favour of an odd card.

# What is the difference between odd and even?

Even numbers are divisible by 2. Examples: 2, 44. 56, 88, 100 Odd numbers are numbers which when multiplied by two will have a remainder. Examples: 3, 15, 27, 39, 11.

# What are the chances of getting an odd number card?

In a 52 deck card there are 20 even numbered cards. So, your odds would be 20 out of 52 or reduced to 5 out of 13 chance.

# How are even numbers and odd numbers different?

even numbers always starts with o2468and so on while in the odd numbers starts with number 13579 and so on

# What is the difference from even numbers and odd numbers?

Odd numbers are always higher than even numbers . And even numbers are easier to add than odd numbers for some people .

# How can life form from primordial soup by chance when the odds of proteins forming from amino acids by chance are astronomically high?

Only a creationist could think that the chances of forming proteins from amino acids is astronomically high. You can NOT make a statistically analysis of a past events probability. This is basic statistics and if you knew this you would not have asked such an ill posed question. The probabilit ( Full Answer )

# What is the difference of two consecutive odd numbers after 235?

The difference of two consecutive odd numbers is always two. Whether it is before 235 or after is irrelevant.

# What is the different between odd and even numbers?

Even numbers are the numbers exactly divisible by 2 and Odd numbers are numbers which are not exactly divisible by 2.

# What are the chances of not getting odd or prime numbers from 1 to 50?

Chances of not getting odd or prime number from 1 to 50 = Chances of getting an even composite number from 1 to 50 = Number of even composite numbers from 1 to 50/Total numbers from 1 to 50 = 24/50 or 48% Chances of not getting odd or prime number from 1 to 50 = Chances of getting an even comp ( Full Answer )

# What is the chance of the pointer landing on an odd number?

The answer will depend on how many numbers there are, how wide the sectors are, whether or not the pointer spins freely and is spun fairly. Since you have not bothered to share any of those crucial bits of information, I cannot provide a more useful answer. The answer will depend on how many number ( Full Answer )

# What are the different odds for a pack of playing cards?

There are 20 odd card is a pack of playing cards. This is a mathproblem.