Odds - Wikipedia
https://en.wikipedia.org/wiki/Odds
Odds provide a measure of the likelihood of a particular outcome. They are calculated as the ratio of the number of events that produce the outcome to the number that don't. Odds are commonly used in gambling and statistics. Odds can be demonstrated by examining rolling a six-sided die. The odds of rolling a 6 is 1:5. The odds of rolling either a 5 or 6 is 2:4, or simplifying it 1:2. The odds of not rolling a 5 or 6 is the inverse 2:1. The probability of an event is different, but related, and c
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