Probability vs Odds

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  • Опубліковано 1 січ 2025

КОМЕНТАРІ • 267

  • @MariosMathTutoring
    @MariosMathTutoring  5 років тому +15

    Like this video but would like to see more examples? Check out this video I did regarding Probability with Cards here: ua-cam.com/video/CAtUFfkbKjY/v-deo.html

    • @LevonNikox
      @LevonNikox 4 роки тому

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

    • @johanmorales7400
      @johanmorales7400 4 роки тому

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    • @johanmorales7400
      @johanmorales7400 4 роки тому

      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
    @bruce6126 5 років тому +141

    Finally: a simple, straightforward answer.

  • @mattvatterott2765
    @mattvatterott2765 7 років тому +23

    Thanks for having the text already prepared. Perfect.

  • @Alexa-qd8tr
    @Alexa-qd8tr 4 роки тому +18

    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! 😊

  • @abdurrehmanalozai1398
    @abdurrehmanalozai1398 6 років тому +6

    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
      @MariosMathTutoring  6 років тому

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

    • @wl1495
      @wl1495 Рік тому

      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
    @hunterelizabeth8167 6 років тому +34

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

  • @sashahosseini1963
    @sashahosseini1963 8 місяців тому

    Finally a math teacher that can explain math easy

  • @sareaqq
    @sareaqq 10 місяців тому +1

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

  • @meninblan1752
    @meninblan1752 4 роки тому +19

    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
      @MariosMathTutoring  4 роки тому +2

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

  • @FoodieExplorerr
    @FoodieExplorerr 4 роки тому +2

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

  • @kimberlysilva5619
    @kimberlysilva5619 2 роки тому

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

  • @cherisocha5299
    @cherisocha5299 Рік тому

    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.

  • @truth9758
    @truth9758 2 роки тому +1

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

  • @ahmadchannel9303
    @ahmadchannel9303 3 роки тому

    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
    @lavenderxolemon 3 роки тому

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

  • @ofeliyasofiyeva2960
    @ofeliyasofiyeva2960 2 місяці тому

    The best explanation can be found on UA-cam.

  • @BONES4SNATCH
    @BONES4SNATCH 2 роки тому

    Thanks!

  • @satishvavilapalli24
    @satishvavilapalli24 4 роки тому +1

    so simple n straight

  • @ingridcanales
    @ingridcanales 4 роки тому +2

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

  • @ninaddongare6514
    @ninaddongare6514 3 роки тому

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

  • @baseball2165
    @baseball2165 5 років тому +1

    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
      @adamurmann9369 5 років тому

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

    • @agiokap
      @agiokap 5 років тому

      "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)

  • @liferajib
    @liferajib 5 років тому

    This is the best video on Odds and Probability

  • @aliazimdaudpota1117
    @aliazimdaudpota1117 5 років тому +1

    Excellent! Finally understood it👍🏼👍🏼👍🏼

  • @Ellie_Kyu
    @Ellie_Kyu 4 роки тому

    Crystal clear explanation

  • @dance7830
    @dance7830 4 роки тому

    Very Clear Explanation. It's easy to understand.

  • @stevenramirezmolina1046
    @stevenramirezmolina1046 4 роки тому

    More clear IMPOSIBLE ! , REALLY GOOD EXPLANATION !!

  • @orangecaprinun
    @orangecaprinun 4 місяці тому

    Always helpful professor Mario!

  • @adamsheridan9643
    @adamsheridan9643 6 років тому

    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
      @MariosMathTutoring  6 років тому

      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.

  • @lg2058
    @lg2058 6 років тому +1

    Nice. Concise and clear.

  • @mataine3371
    @mataine3371 4 роки тому +1

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

  • @drmirwaisamiri6015
    @drmirwaisamiri6015 2 роки тому

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

  • @nachovmenendez
    @nachovmenendez 2 роки тому

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

  • @ahmadchannel9303
    @ahmadchannel9303 3 роки тому

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

  • @mohinicoder
    @mohinicoder 3 роки тому

    Simple and straight answer. Thank you.

  • @robertotieno5709
    @robertotieno5709 Рік тому

    Thanks for your simplicity

  • @PeterAdiSaputro
    @PeterAdiSaputro 2 роки тому

    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 ?

  • @justinbot3213
    @justinbot3213 5 років тому

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

    • @MariosMathTutoring
      @MariosMathTutoring  5 років тому

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

  • @biloliddinfarkhodov3956
    @biloliddinfarkhodov3956 2 роки тому

    Very clear explanation, thank you

  • @deanpenn7446
    @deanpenn7446 4 роки тому

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

  • @alyaaazzain433
    @alyaaazzain433 2 роки тому

    Thank you very much for your easy and excellent explanation

  • @amynguyen4454
    @amynguyen4454 2 роки тому

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

  • @AlokTiwari-tx8zi
    @AlokTiwari-tx8zi 8 місяців тому

    Great explanation.

  • @Kevessi
    @Kevessi 3 роки тому

    Thank you mr. Lex Luther

  • @willykitheka7618
    @willykitheka7618 5 років тому

    Excellent work...excellent explanation

    • @MariosMathTutoring
      @MariosMathTutoring  5 років тому

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

  • @aaronlam6780
    @aaronlam6780 6 років тому

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

    • @MariosMathTutoring
      @MariosMathTutoring  6 років тому

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

  • @lasseaberg5267
    @lasseaberg5267 6 років тому

    Best explanation I've seen in this topic.

  • @justinking5964
    @justinking5964 4 роки тому

    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.

  • @JohnnyJr396
    @JohnnyJr396 4 роки тому

    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?

  • @coolbrat9060
    @coolbrat9060 5 років тому +1

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

  • @seldom7288
    @seldom7288 8 років тому +5

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

  • @4everThoughtful
    @4everThoughtful 3 роки тому

    Thank you for yet another clearly explained video.

  • @tantei7640
    @tantei7640 5 років тому

    very clear explaining!

    • @MariosMathTutoring
      @MariosMathTutoring  5 років тому

      Glad you liked my explanation Zhang!

    • @jakegarza4131
      @jakegarza4131 5 років тому

      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
      @jakegarza4131 5 років тому

      @@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?

  • @jayakalra1545
    @jayakalra1545 6 років тому

    Simple and easy explanation. Helped me!

  • @evac181
    @evac181 2 роки тому

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

  • @cecela7220
    @cecela7220 3 роки тому

    This video helped me so much, thank you!!

  • @anupamsatpute1
    @anupamsatpute1 3 роки тому

    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.

  • @fernandoguevara2330
    @fernandoguevara2330 2 роки тому

    Thank you so much, this helped me so much!

  • @thecookbookwithadarsh
    @thecookbookwithadarsh 3 роки тому

    Amazing video... Thank you

  • @yes-kt7ej
    @yes-kt7ej 6 років тому +1

    So what's a 0.01 chance like 1 in what

  • @mohamedkazerooni2734
    @mohamedkazerooni2734 5 років тому

    Awesome.. thanks for your explanation

  • @matheds5043
    @matheds5043 7 років тому +1

    Great teacher. Thanks and congratulations,

    • @MariosMathTutoring
      @MariosMathTutoring  7 років тому

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

  • @LipticZone
    @LipticZone 4 роки тому

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

  • @7justfun
    @7justfun 2 роки тому

    Amazing video...

  • @emilyparsons4056
    @emilyparsons4056 4 роки тому

    THIS REALLY HELPED THANKS

  • @Aycore2011
    @Aycore2011 5 днів тому

    Thank you, sir.

  • @nikhilbhutani7567
    @nikhilbhutani7567 4 роки тому

    Thanks for the help

  • @SalmanKhanKool
    @SalmanKhanKool Рік тому

    Amazing Sir, thank you very much!

  • @kimberlycordes6265
    @kimberlycordes6265 Рік тому

    Good Job

  • @superjzh
    @superjzh 7 років тому +1

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

  • @John-PaulMutebi
    @John-PaulMutebi 9 місяців тому

    Your awesome man keep up the work

  • @batghost7665
    @batghost7665 4 місяці тому

    Thank you very much it was a very useful video.

  • @jodianngreene9586
    @jodianngreene9586 2 роки тому

    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
      @robinsyoutube4899 2 роки тому

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

  • @apotter8888
    @apotter8888 5 років тому

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

  • @Chia-Wei-Hsu
    @Chia-Wei-Hsu 3 роки тому

    Thank you!

  • @thaohuynh564
    @thaohuynh564 3 роки тому

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

  • @Sw33tMochi
    @Sw33tMochi 4 роки тому

    Very helpful, thanks.

  • @jeremyzaugg4833
    @jeremyzaugg4833 5 років тому

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

    • @MariosMathTutoring
      @MariosMathTutoring  5 років тому

      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 : )

  • @grantbooth9983
    @grantbooth9983 5 років тому

    Thanks Mario

    • @MariosMathTutoring
      @MariosMathTutoring  5 років тому

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

  • @bobgraham1791
    @bobgraham1791 4 роки тому

    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
      @destinyhorton1831 3 роки тому

      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

  • @NoahAvery96
    @NoahAvery96 3 роки тому

    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

  • @jbutler2005
    @jbutler2005 5 років тому

    Great Vid!! Keep up the good work!!!

  • @danishsharma496
    @danishsharma496 5 років тому

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

    • @MariosMathTutoring
      @MariosMathTutoring  5 років тому

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

    • @jakegarza4131
      @jakegarza4131 5 років тому

      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

  • @ExpressionWithKenya
    @ExpressionWithKenya 4 роки тому

    This was so helpful, thank you so much!

  • @iax
    @iax 5 років тому

    Helped me so much thanks

  • @blackballer3750
    @blackballer3750 7 років тому

    Well explained!

  • @yuhsuanshih3100
    @yuhsuanshih3100 5 років тому

    it's very useful information, thanks!

  • @F1U7R2Y9
    @F1U7R2Y9 4 роки тому +1

    Very good explanation i subbed. Meanwhile

  • @sidcazorla1620
    @sidcazorla1620 8 років тому +1

    Great video!

  • @المرأةالعصرية-ل2غ
    @المرأةالعصرية-ل2غ 8 років тому

    Thank you, I have two or three questions :
    in experimental probability, what are the factors that determine it? for example in european roulette there are 36 numbers in addition to a single zero, so the number 8 ( for example ) must come in 37 spins ( theoretically ) but experimentally may come after 70 or 80 spins ( or maybe more ), me and others talk about luck that if you are very lucky, 8 will come in first spin and vice versa, is there a definition of luck in math? or is there any explanation by numbers to this luck how to happen ?

    • @MariosMathTutoring
      @MariosMathTutoring  8 років тому +1

      You have asked some very interesting questions some of which you correctly answered yourself. As far as a definition of luck in math I'm not aware of...only probability ....but maybe some of the video's viewers might know the answer...+المرأة العصرية

  • @snethembasibiya7773
    @snethembasibiya7773 5 років тому

    wow!!! Finally! Thank you so much

  • @michelefalcey3324
    @michelefalcey3324 5 років тому

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

  • @seanwinter6140
    @seanwinter6140 6 років тому

    hey can you help/ if i play a lottery and gota choose 5 numbers out of 1 to 59. what are my odds of winning. it states 1 in 834000 but how if you do 59 x 58 x57 x56x55 devided by 5 factorial it come out as 5 million to 1 but the lottery site states1 in 834000?

  • @dziugas6795
    @dziugas6795 3 роки тому

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

  • @rrkings
    @rrkings 5 років тому

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

  • @nyxnighthawk7382
    @nyxnighthawk7382 7 років тому

    Thank you so much!

  • @gemuine4317
    @gemuine4317 6 років тому

    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
      @MariosMathTutoring  6 років тому

      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!

  • @lizandrews3884
    @lizandrews3884 7 років тому

    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
      @MariosMathTutoring  7 років тому +1

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

    • @lizandrews3884
      @lizandrews3884 7 років тому

      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.

  • @rishi6736
    @rishi6736 3 роки тому

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

  • @ndatoolombakambonde1078
    @ndatoolombakambonde1078 6 років тому

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

    • @MariosMathTutoring
      @MariosMathTutoring  6 років тому

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

  • @kevinassang3158
    @kevinassang3158 7 років тому

    it's totally simpler this way thank you