The terms probability and odds measure one's belief in the occurrence of a future event It may confuse since both 'Odds' and 'probability' are related to the potential that event occurs However, there is a difference Probability is a broader mathematical conceptHow to find probability and odds and the difference between the two We also discuss experimental probablility, theoretical probability, odds in favor, andMany people wrongfully assume odds and probabilities are the same thingThey're definitely not, as there's a significant difference between saying there are
/CompoundProbability2-9402bf638f6e4da9882dbdbd23dbd918.png "Compound Probability Definition")
Compound Probability Definition
