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If you are given odds of 7 to 8 in favor of winning a bet, what is the probability of winning the bet?

If you are given odds of 7 to 8 in favor of winning a bet, what is the probability of winning the bet?
asked 222k views
3 votes
If you are given odds of 7 to 8 in favor of winning a bet, what is the probability of winning the bet?

asked
User Sami
by
7.9k points

2 Answers

3 votes
90% chance of winning and 0.875 as a decimal
answered
User Sasidhar
by
8.5k points
1 vote
you'd have 90% chances in winning 
answered
User Shruthi
by
8.4k points
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