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How to Find the Odds in Favor

Determining the odds in favor of an event is an objective way to predict the likelihood of a specific event occurring. Unlike probability, which provides a factional number indicating all possible outcomes of an event, odds in favor demonstrates the possibilities of two events. For example, if you roll a standard six-sided die, the odds in favor of rolling a six are 1:5; however, the probability of rolling a six is 1/6, or 16%.

Instructions

    • 1

      Determine the total number of possible outcomes of an event. For example, if you roll a single, standard die, there are six possible outcomes.

    • 2

      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.

    • 3

      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.

    • 4

      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.

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