P(Winning) = 30/2000 = 3/200
P (against winning) = 1- 3/200 = 197/200
Odds against = number of losing tickets : number of winning (not total number) so 1970 : 30
Of 2000 raffle tickets, 1970 are not yours. So your odds of losing are 1970/2000 or 0.985.
1970:30 =
197:3
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Answers & Comments
P(Winning) = 30/2000 = 3/200
P (against winning) = 1- 3/200 = 197/200
Odds against = number of losing tickets : number of winning (not total number) so 1970 : 30
Of 2000 raffle tickets, 1970 are not yours. So your odds of losing are 1970/2000 or 0.985.
1970:30 =
197:3