Determine the total number of possible outcomes of an event. For example, if you roll a single, standard die, there are six possible outcomes.
Determine the number of ways a desired outcome can possibly occur. For example, if you are trying to determine the odds in favor of rolling a one on a single, standard die, there is only one way that a one can be rolled.
Subtract the number of ways a desired outcome can occur from the total number of possible outcomes. For example, subtract 1 from 6, which equals 5.
Display the odds in favor according to the following formula: favorable outcomes:possible outcomes. For example, the odds in favor of rolling a one on a standard, single die, are 1:5.