3rd July 2006, 06:05 PM
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Member
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Join Date: Jan 1970
Location: Sydney
Posts: 402
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Quote:
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Originally Posted by YoungBuck
Just confirming something.
If a horse at odds of 20.00 has around 5% chance of winning a race,
if I was to back three 20.00 horses in the one race, would my chances of
one of those winning rise to 15%?
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Correct.
You can add such chances together.
Whereas adding odds (the inverse of chance) is nonsensical. Yet too many people like making that mistake. |