Probability vs Odds

[@MariosMathTutoring]

Like this video but would like to see more examples? Check out this video I did regarding Probability with Cards here: kzbin.info/www/bejne/eXLXhnmcoMd-oLs

[@LevonNikox]

The odds are wrong for spinning. The odd for spinning on 4 sliced pizza is 1.25 and not 1/3

[@johanmorales7400]

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[@johanmorales7400]

Cheers for the Video clip! Sorry for butting in, I am interested in your initial thoughts. Have you tried - Eeyndraw Unthinkable Equalizer (Sure I saw it on Google)? It is an awesome one of a kind product for discovering how to use this winning soccer betting system minus the normal expense. Ive heard some interesting things about it and my best friend Jordan at very last got astronomical results with it.

[@bruce6126]

Finally: a simple, straightforward answer.

[@MariosMathTutoring]

Glad you liked the straightforward video Bruce 612!

[@mattvatterott2765]

Thanks for having the text already prepared. Perfect.

[@abdurrehmanalozai1398]

I am a doctor and I found this video very helpful in understanding the very basic concept of odd ratio and probability. Thank you very much.

[@MariosMathTutoring]

Your welcome! I’m glad my video was able to help you out. Thanks for letting me know.

[@wl1495]

AKA, ''I'm a massive big pharma cuck, I bend over to big pharma all day so I think I am an important person that happens to understand your content. thank you very much''

[@hunterelizabeth8167]

I only saw the first forty-two seconds of this video and I got it! Thank you, sir!

[@MariosMathTutoring]

Glad my video helped you so quickly Elizabeth!

[@Alexa-qd8tr]

Thank you so much! My teacher didn’t explain the concept of odds very well and you just gave a simple and short answer! New subscriber! 😊

[@MariosMathTutoring]

Welcome to the channel Alexa! Glad my video helped you!

[@meninblan1752]

I have a final exam tomorrow and I’m at a loss for words on how fast I understood your explanation. You have my sub

[@MariosMathTutoring]

Welcome to the channel! Glad my video helped you so quickly!

[@sashahosseini1963]

Finally a math teacher that can explain math easy

[@ofeliyasofiyeva2960]

The best explanation can be found on KZbin.

[@MariosMathTutoring]

Glad it was helpful!

[@cherisocha5299]

Your video is the only way I could understand the probability, odds in favor, odds against. I tried for 2 weeks with family members who are amazing at math trying to help me and I could not understand. Plus reading the examples in the text and taking extensive notes. Still no dice. I needed to get this for me to do well in my MAT-144 class. I cannot thank you enough for explaining it so simply so this tired momma could understand.

[@MariosMathTutoring]

Glad to hear my video helped you!

[@FoodieExplorerr]

Wow! after an hour of trying, this video thought everything in 5 min to me. THHANKYOUUUUU SO MUCH

[@truth9758]

OMG, I finally understand the difference between probability and odds. Thank you so much.

[@ahmadchannel9303]

I Just want to comment again as I repeated the video for the second time and for the first time understand those terms, very simple explanation. Thank you so much.

[@lavenderxolemon]

I have a math test tomorrow and I felt in the dark still until I watched this video. Thank you!!!! You gained a subscriber~

[@sareaqq]

Thank you so so much, this will definitely help me on my upcoming test on Friday!

[@MariosMathTutoring]

Best of luck!

[@ingridcanales]

I have been struggling with odds for about a day now- 33 seconds in ~ and I finally understand 😭😩 thank you

[@nikhilbhutani7567]

Same

[@kimberlysilva5619]

i have searched youtube for a good explanation on this topic and you are the only one who explained it perfect. great video! SUBBED*

[@ninaddongare6514]

It was straightforward but textbooks made it so complicated. Thank u sir

[@adamsheridan9643]

It was advanced algebra that kept me from advancing in college; I simply didn't have the patience in my 20's to deal with it. Now, in my 50's, I think I can deal with the challenges math presents.

[@MariosMathTutoring]

Yes, sometimes students are in a different place after high school or college and are ready to revisit these topics. Glad my videos can play a small part in helping you.

[@mohinicoder]

Simple and straight answer. Thank you.

[@satishvavilapalli24]

so simple n straight

[@MariosMathTutoring]

Glad you liked the video Satish!

[@satishvavilapalli24]

@@MariosMathTutoring u deserve it..

[@ahmadchannel9303]

an incredibly simple explanation of the most confusing terms. Thank you

[@aaronlam6780]

very clear, making the difference between probability and odds so comprehensible, thanks for your effort

[@MariosMathTutoring]

Your welcome Aaron. If you need more help with probability check out my probability playlist on my channel.

[@liferajib]

This is the best video on Odds and Probability

[@MariosMathTutoring]

Glad you liked my probability video Rajib!

[@amynguyen4454]

Thanks for reviving my high school Math studies in under 5 minutes

[@seldom7288]

thanks i had a problem in odds in favor and you just fixed it thanks my teacher didn't make it clear

[@MariosMathTutoring]

+noboby rr great! Glad the video helped.

[@drmirwaisamiri6015]

Amazing! As simply explained as it could be. Came here for another purpose but just subscribed.

[@dance7830]

Very Clear Explanation. It's easy to understand.

[@MariosMathTutoring]

Glad you liked the explanation Danceki!

[@Ellie_Kyu]

Crystal clear explanation

[@MariosMathTutoring]

Glad you liked the video!

[@mataine3371]

Thanks a lot! the best explanation I've seen so far!!

[@MariosMathTutoring]

You’re welcome Mat!

[@lasseaberg5267]

Best explanation I've seen in this topic.

[@MariosMathTutoring]

Awesome! Glad you liked my video!

[@robertotieno5709]

Thanks for your simplicity

[@alyaaazzain433]

Thank you very much for your easy and excellent explanation

[@stevenramirezmolina1046]

More clear IMPOSIBLE ! , REALLY GOOD EXPLANATION !!

[@Kevessi]

Thank you mr. Lex Luther

[@biloliddinfarkhodov3956]

Very clear explanation, thank you

[@apotter8888]

Thank you. I never took statistics and I am trying to read some, and this is very helpful.

[@MariosMathTutoring]

You’re welcome! Glad my video helped you Alan!

[@lg2058]

Nice. Concise and clear.

[@MariosMathTutoring]

Glad you liked the video Lev!

[@NM-ht8dz]

Wow that's a great explanation but I was more taken aback by the shape of your skull. Truly magnificent, congratulations.

[@justinbot3213]

Wow, quick answer to my question and the rest is pure explaining it. Congrats on the new sub

[@MariosMathTutoring]

Glad my video helped you answer your question! Welcome to the channel!

[@justinking5964]

Great. SImply Clearly explained. And I like your speed of talking and way of teaching. Hello Mr Maio's I am interested in lottery pick 3 and I have discovered something. but nobody can understand and believe me. I want to know some matchatician or teacher to hear me out.

[@deanpenn7446]

You really helped the kids understand it better. Great Video !

[@MariosMathTutoring]

Glad to hear my video was helpful!

[@aliazimdaudpota1117]

Excellent! Finally understood it👍🏼👍🏼👍🏼

[@MariosMathTutoring]

Glad my video helped you Ali!

[@4everThoughtful]

Thank you for yet another clearly explained video.

[@baseball2165]

I got a question. If the odds against something are 23:57, what are the odds for? And what is the probability that it will happen

[@adamurmann9369]

57:23 odd for and i don't get what your second question is

[@agiokap]

"odds against" = 23 / 57, so: "odds for" = receprical of "odds against" = 57 / 23 Also: "odds for" = ( *favorable* (1) / not favorable ), but: ( favorable + not favorable ) = 57 + 23 = *all events* (2) But, the definition of the theoretical probability is comprised of things we already know: (1) and (2). Namelly: "probability for" = *( favorable / all events )* = 57 / 57 + 23 = 57 / 80 = *0.7125* "probability against" = ( 1 - "probabilty for" ) = 1 - 0.7125 = *0.2875* (Another way: "odds for" = "probability for" / "probability against" = "probability for" / 1 - "probability for" We know: "odds for", so we can solve for: "probability for" through the above equation)

[@jodianngreene9586]

Hi! I was wondering if you can help with these two questions.. 1. If the Knicks are +150 to win the game, was is that expressed as a %? 2.if you see -120 as the odds of something happening, what is the probability of that occurring

[@robinsyoutube4899]

p(x)/(1-p(x)) = odds, so the probablility would be 0.9934 roughly

[@PeterAdiSaputro]

How about calculating odds for football (soccer) game ? Is it the same way ? How I can know or find favorable and unfavorable number to calculate odds ?

[@superjzh]

Thank you so much. Such a good video with clear explanation!

[@MariosMathTutoring]

Your welcome! Glad my video was able to help you!

[@orangecaprinun]

Always helpful professor Mario!

[@danishsharma496]

thank you sir , I had problem in odds but now its clear . your videos are really helpful

[@MariosMathTutoring]

You’re welcome Danish! Glad you like my videos!

[@jakegarza4131]

Hey I play a lotto game numbers from 1-35 I guess numbers then I throw them out cause nitrogen likely I'm wrong. Can u give me another I idea. My method works half way

[@rrkings]

Finally I actually understand, I wasn’t really paying attention in math class -_-

[@MariosMathTutoring]

Glad my video helped you!

[@matheds5043]

Great teacher. Thanks and congratulations,

[@MariosMathTutoring]

Thank you for the compliment. Glad you like my videos and channel!

[@dreamysleepyzzz]

thank you so much teacher, I have a test tmr, and my teacher literaly didn't even do this kind of explaination. I have a question, I hope you can help me with - " Two dice are rolled, Let A represent rolling a sum greater than 6. Let B represent rolling a sum that is a mulitiple of 4. Determine P(AnB)" I just cant get the second sentence...

[@MariosMathTutoring]

+CheonG Eric you want to find the intersection of the 2 sets. Multiples of 4 that are also greater than 6 would be 8 or 12....so the probability would be 2/36(it's out of 36 since there are 36 possible outcomes when you roll 2 dice) or 1/18 if you reduce.....if I understand your question correctly. Hope that helps.

[@patrickodidi9458]

Mario's Math Tutoring

[@nyxnighthawk7382]

Just a question...how many sided dice are you using?

[@MariosMathTutoring]

In the video I was using a classic 6 sided die numbered 1-6.

[@geoffiida3315]

I realize this is four years old, but I think the the answer to P(AnB) in your question is 6/36. Mario is correct that the only sums that qualify are 8 and 12. But, there are five ways to roll an 8, and one way to roll a 12. So, the probability of rolling a qualifying dice combination is 6 out of 36 possibilities.

[@LipticZone]

Nice video! My class is doing this unit right now.

[@MariosMathTutoring]

Glad you liked the video!

[@JohnnyJr396]

So gambling odds are given favorable/unfavorable in the house’s perspective and you’re taking unfavorable/favorable perspective? if you’re taking betting odds of 3/1 The house have is looking at 3 wins to your 1 Basically gambling odds are your chance of losing/your chance of winning?

[@emilyparsons4056]

THIS REALLY HELPED THANKS

[@jayakalra1545]

Simple and easy explanation. Helped me!

[@MariosMathTutoring]

Glad my video helped you Jaya!

[@coolbrat9060]

Fun fact, i actually have a test tomorrow and i didn't really understand what the teacher was saying so i came here lol

[@MariosMathTutoring]

Glad my video was able to help you Biz Roxy!

[@cecela7220]

This video helped me so much, thank you!!

[@dziugas6795]

For some reason the probability and odds aspect is very hard thing to understand for me, thanks for the explanation

[@fernandoguevara2330]

Thank you so much, this helped me so much!

[@AlokTiwari-tx8zi]

Great explanation.

[@MariosMathTutoring]

Glad it was helpful!

[@Chia-Wei-Hsu]

Thank you!

[@tantei7640]

very clear explaining!

[@MariosMathTutoring]

Glad you liked my explanation Zhang!

[@jakegarza4131]

I pla1y the lotto the numbers I guess I don't use cause more than likely I'm wrong, do u have any ideas

[@jakegarza4131]

@@MariosMathTutoring Mario, Can I play a lotto game numbers from 1-35 game is on everybody. OK so I guess 5 numbers more than likely I'm wrong so I don't use them and I throw out the numbers from the night before cause what are the odds of the numbers being exakly everynight. Can you give me other tips on how to play?

[@pabalelolabello4754]

Thanks

[@SalmanKhanKool]

Amazing Sir, thank you very much!

[@MariosMathTutoring]

Most welcome!

[@nikhilbhutani7567]

Thanks for the help

[@willykitheka7618]

Excellent work...excellent explanation

[@MariosMathTutoring]

Thanks Willy! Glad you liked my probability vs odds video!

[@mohamedkazerooni2734]

Awesome.. thanks for your explanation

[@MariosMathTutoring]

You’re welcome Mohammed!

[@aqibalam1135]

Hi my fine sir, hope you are doing well my knight. Thank you so so so very much my kind gentleman. WOWZERS can I get an autograph pretty please with a cherry on toppppppppppuhhhu. 😭😭❤️❤️❤️. We need more teachers like you. WAIT. SCRATCH THAT. we need more humans like you madame 🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏😍.

[@MariosMathTutoring]

Glad you like my videos Aqib!

[@NoahAvery96]

In Warren Buffett’s book Snowball, he mentions that if there’s a 10% chance of failure, and you do it every year for 50 years, you have a 99.5% of failing. Do you know of an equation that would allow me to calculate this so I can change the percentages and number of years? Thanks

[@bobgraham1791]

Thanks for the video, why do both concepts exist? I mean in what situation would you want to think in terms of odds rather than probability? It seems like the formulas are based on words the mean the same thing. So probability is success (which is favourable right?) divided by total possible outcomes (which we would consider unfavourable)? What does odds tell me that probability doesn't?

[@destinyhorton1831]

The probability that an event will occur is the fraction of times you expect to see that event in many trials , and the odds are defined as the probability that the event will occur divided by the probability that the event will not occur

[@thecookbookwithadarsh]

Amazing video... Thank you

[@batghost7665]

Thank you very much it was a very useful video.

[@MariosMathTutoring]

Glad it was helpful!

[@thaohuynh564]

ohm, cool ~ it's very straightforward. Thanks Mario,

[@rishi6736]

Thank you soo much, I'm ready for betting now.

[@7justfun]

Amazing video...

[@lizandrews3884]

You're a lifesaver. I've been feeling bad all week & my class discussions & assignments are due today. Needed to learn this fast so I can do my work. This was simple & made total sense. Thank you so much. Definitely subscribed.

[@MariosMathTutoring]

+Liz Andrews great! Glad my video helped you! Welcome to the channel.

[@lizandrews3884]

Mario's Math Tutoring Thank you so much. I'm in Statistics class & had a very rocky start with a crashed laptop. That's all squared away but the crash learning is brutal. Too bad I didn't see a vid on regression too.

[@grantbooth9983]

Thanks Mario

[@MariosMathTutoring]

You’re welcome Grant! Glad my probability video helped you!

[@jeremyzaugg4833]

I have a question about winning the lottery; can that be expressed as probability and odds, or just odds?

[@MariosMathTutoring]

It can be expressed as a probability (chances of success divided by total possible outcomes) or as odds in favor of winning (favorable outcomes :unfavorable outcomes). However in general I don’t recommend playing the lottery...your best bet is investing in yourself : )

[@ExpressionWithKenya]

This was so helpful, thank you so much!

[@MariosMathTutoring]

You’re welcome Kenya!

[@Nihit]

What are the odds that I will ever say the word odds again without overthinking it? Loved the video sir, thank you

[@MariosMathTutoring]

Glad you liked it!

[@krisnaicker4286]

Do you have a video explaining arrangement, not sure waht it is called in English, but the formular looks like this: A(n,r)= K(n+r-1,r). K mean combination

[@ndatoolombakambonde1078]

Thanks you a lot my lecture don't explain more details and you are the best keep it up and all the best

[@MariosMathTutoring]

You’re welcome Ndatoolomba! Glad my videos and channel are helping you!

[@kevinassang3158]

it's totally simpler this way thank you

[@MariosMathTutoring]

Your welcome!

[@E1ie1]

I guess u are a great lecturer

[@Sw33tMochi]

Very helpful, thanks.

[@MariosMathTutoring]

You’re welcome Fangni!

[@kimberlycordes6265]

Good Job

[@michelefalcey3324]

Thank you so much! Great video helped me a lot.

[@MariosMathTutoring]

You’re welcome Michele! Glad my video helped you!

[@evac181]

What does the "odds" mean, im kind of confused on that part if you could help explain?

[@anupamsatpute1]

how do you calculate probability when the event is biased. For example, a biased coin tossed has a 75 % chance of being tails, how do you go ahead with the problem with this situation.

[@anshumansarda3521]

Love from India ❤️🔥

[@MariosMathTutoring]

Glad you like my videos Anshuman!

[@John-PaulMutebi]

Your awesome man keep up the work

[@MariosMathTutoring]

Thanks! Will do!

[@yes-kt7ej]

So what's a 0.01 chance like 1 in what

[@yuhsuanshih3100]

it's very useful information, thanks!

[@MariosMathTutoring]

You’re welcome!

[@kaitlynlonsdale7595]

thanks!

[@gemuine4317]

Hi there nice explanation for all video but there is one thing i wound like you to clear up. I have an upcoming test tomorrow and and can you please clear up about the odds in favor and odds against, wouldn't odds against be 1/3 and odds in favor be 3/1

[@MariosMathTutoring]

Just remember that with odds it is the ratio of ‘what you want’ to ‘what you don’t want’ whereas with probability it is ‘what you want’ to the ‘total possible outcomes’. Hope that helps! Good luck on your test!

[@nyxnighthawk7382]

Thank you so much!

[@Elimarzordan]

I'm from Brazil, and I'm trying understand it.

[@F1U7R2Y9]

Very good explanation i subbed. Meanwhile

[@MariosMathTutoring]

Welcome to the channel!