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What do you win if the odds are 5 to 2?
When the odds are 5 to 2, if you bet $2 on something and win then you will receive $7 The $2 you bet and the $5 you won.
What is the probability of winning a straight bet in roulette?
In American Roulette, with 36 numbers, Zero, and Double Zero, the odds of winning a straight bet (a single number) is 1 in 38, or about 0.02632. The payoff, however, is only 35 to 1. In European Roulette, with 36 numbers and Zero, the odds of winning a straight bet is 1 in 37, or about 0.02703.
What is the difference between a crude odds ration and an adjusted odds ratio?
Odds ratio (AD/BC) is the ratio between number of times that something happens and does not happen. Crude odds ratio is the ratio that is not stratified (ex. by age). Adjusted odds ratio is a stratified odds ratio. If the odds ratio equals one, then there is no association, and null hypothesis shall be accepted. If one is included into confidence interval, then it is possible that odds ratio equals one, and it is not statistically significant. If stratified odds ratios are about the same, or there are no significant differences, the odds ratios are combined into one common odds summary estimate of two stratum specific ORs using Mantel-Haenszel and/or Cohran's tests, or multivariable analysis.
What are the odds of rolling doubles six times in a row?
Odds of rolling ONE six - 6:1 Odds of rolling TWO sixes - 36:1 Odds of rolling two sixes, SIX times - 216:1
What is the theoretical probability of drawing a joker out of a deck of cards?
If there is only one joker, the odds are 1 in 53. If there are two jokers the odds are 1 in 27.
