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Is a 100 to 1 chance good?
Answer: Thus, if odds are intended, they would be expressed as 1 to 100 in favor, which is to say that there is 1 way for an event to occur and 100 ways for it not to occur. There are thus 101 possibilities. The odds not in favor in this case are 100 to 1.
2024-02-10 08:17:30
Is 100 to 1 the same as 1 in 100?
Answer: Odds can be expressed as a ratio of two numbers, in which case it is not unique—scaling both terms by the same factor does not change the proportions: 1:1 odds and 100:100 odds are the same (even odds).
2024-01-03 19:55:04
Can a 100 1 horse win?
Answer: From 2012 to 2019, the number of winners per year at 100-1 or bigger was: 9, 6, 4, 3, 3, 8, 7, 6. In 2020 – which lost nearly three months to lockdown restrictions – there were no winners at three-figure odds in the first three months of the year, and 10 after racing resumed on 1 June.
2023-12-20 01:40:42
What is the 1-10-100 rule and give an example?
Answer: The rule states that… Prevention is less expensive than correction, and correction is less expensive than failure. It would make more sense to invest $1 in prevention than spend $10 on correction. Furthermore, it makes more sense to spend $10 on correction than spending $100 at the event of failure.
2023-06-17 23:21:35
Does 1 chance mean 1 in 100?
Answer: Thus if expressed as a fraction with a numerator of 1, probability and odds differ by exactly 1 in the denominator: a probability of 1 in 100 (1/100 = 1%) is the same as odds of 1 to 99 (1/99 = 0.0101...
2023-01-15 16:36:34