What are the odds of 2 random people in the world meeting? Apparently people meet about 80,000 people on average in their lifetime. So if there are 8 billion people in the world then the odds of meeting a specific other person are about 80,000/8,000,000,000 which is one in a hundred thousand, or a 0.001% chance.
What are the chances of 2 people being born on the same day?
The chance of: two people sharing a birthday would be 1  (364/365), or 0.3%, or 1 in 370. three people sharing a birthday would be 1  ((364/365)(363/365)), or 0.8%, or 1 in 122.
What is the probability that two people were born on Monday?
So the chance of 2 person being born in the same day of the week are 7/7 * 1/7 = 7/49 = 1/7.
How do you find the odds of two things happening?
To determine the probability of two independent events, we have to multiply the probability of the first event by the probability of the second event.
How many people does the average person meet in life?
That's three people a day. Every day, you come across new people, and you have no idea how those people might change your life—or how you might change theirs. How can you be more kind, thoughtful, strategic, and engaging with everyone you meet today?
What does M and PL mean in TwinSpires?
M (or ML) stands for Morning Line. This is what the odds of this horse this morning as compared to current odds. PL stands for Profit Line This is internally calculated by TwinSpires. A green number shows that we believe the current odds are “over” the value of what it should be.
What do the letters mean in horse racing?
A series of numbers and letters appears beside each horse's name depicting what position a horse has finished in its previous races. Useful abbreviations relating to the results of previous races are: D = disqualified, 0 = not in the first nine, R = refused, U = the rider was unseated, P = pulled up and F = Fell.
Frequently Asked Questions
What does MD mean in horse racing?
Midi Div (MD) – Midi Div means you will get the middle return out of the Three TABs for all Win, Place and Each Way wagers on Harness, Greyhound, Australian Country and International thoroughbred meetings. If less than 3TABs offer wagers on a meeting the SUPERTAB tote dividend will apply.
What are the odds of 10 to 1?
Odds Conversion Table
Fractional  Decimal  Implied Probability 

11/8  2.38  42,1% 
9/1  10.00  10% 
10/1  11.00  9.1% 
20/1  21.00  4.8% 
What does it mean if a bet pays 2 to 1?
2/1 odds means you'll win $2 for every $1 you bet. A $100 bet at 2/1 odds would win $200, for a total payout of $300.
How do you read horse racing odds?
For example, if the odds go from 3/1 to 4/1, it means the probability of the horse winning has decreased and the payout will be less if the horse wins. The odds determine the amount you would win if you bet on the horse. The higher the odds, the more you stand to win and the lower the odds, the less you stand to win.
How to read horse race book?
The numbers read from right to left and denote the horse's finishing positions in its previous races with the furthest right result being the most recent. So a form guide that reads 4893241 means a horse finished first in its last race, fourth in the one before, second in the one before that and so on.
What does 3 to 1 odds mean in horse racing?
For example, 3/1 odds mean you profit three times the amount you wagered. A $1 bet at 3/1 would pay out $4 in total, or a $3 profit and your $1 original wager. Conversely, 1/3 odds mean you profit a third of what you wagered.
What does 5 to 2 odds mean in horse racing?
The tote board does not show decimals, therefore, 5/2 odds means that the odds on a horse are 5 divided by 2, or 2.51. Win payoffs are calculated based on a $2.00 wager because at most tracks this is the minimum bet. Example #1: A horse that wins at 51 will return $5.00 for every $1.00 wagered.
What is minimum odds mean?
Minimum odds is when a betting site places a lowest acceptable odds that you need to bet against with your welcome bonus. In order for you to be able to claim the winnings from your welcome bonus you have to bet on matches or tournaments that have odds higher than the minimum odds rate.
What does minimum odds 1.5 mean?
This refers to the odds of your chosen selection. If the odds are less than 1/2 (1.5 in decimals), your bet will not qualify for a free bet. An easy way to test if your bet will qualify for a free bet is to check the potential returns for a £1 stake. If the potential returns are £1.50 or greater, your bet will qualify.
What does 1 2 mean in horse racing?
FRACTIONAL ODDS
If the odds are displayed the other way around this means that the horse is odds on, and very likely to win the race. ¼ – for every 4 units you stake you will receive 1 unit back plus your initial stake. ½ – for every 2 units you stake you will receive 1 unit back plus your initial stake.
FAQ
 What does a minimum of bet mean?
 The terms "minimum bet" and "small bet" are often used interchangeably in casinos, and they refer to the lowest amount of money that a player is allowed to bet on a given game.
 What does minimum odds 2.0 mean?
 Decimal odds below 2.0 are less than even money odds, meaning the potential return will be less than your stake. Odds above 2.0 are positive odds, meaning your potential return will be more than your stake. Decimal odds are also the most economical way to bet parlays, because the true odds will be calculated.
 What does it mean if you have odds?
 Odds are how likely an event or outcome is to happen. Odds also show you how much money you could win from a wager. In our DraftKings Sportsbook, you can tap on any set of odds, represented by the green numbers (ex. +130), to bring up your bet slip.
 What does 250 odds mean?
 So, a team with odds of +120 would payout $120 for every $100 wager. A team with +250 odds would pay $250 for every $100 wager (or $500 for every $200 wager, or $750 for every $300 wager).
 What does 3 to 1 odds mean?
 For example, 3/1 odds mean you profit three times the amount you wagered. A $1 bet at 3/1 would pay out $4 in total, or a $3 profit and your $1 original wager. Conversely, 1/3 odds mean you profit a third of what you wagered. A $30 bet on 1/3 odds would return $40 total, or a $10 profit and your $10 original wager.
 Are high odds good or bad?
 High odds are when a betting selection could produce a large payout, but the bet is less likely to happen. In contrast, the term low odds means an outcome that is more likely to happen, but for less value.
 What is an example of odds?
 Odds can be demonstrated by examining rolling a sixsided die. The odds of rolling a 6 is 1 to 5 (abbreviated 1:5). This is because there is 1 event (rolling a 6) that produces the specified outcome of "rolling a 6", and 5 events that do not (rolling a 1, 2, 3, 4 or 5). The odds of rolling either a 5 or 6 is 2:4.
 What does it mean when betting is 1 1?
 1/1 is an Halftime/Fulltime betting market. It means the Home team is going to win at halftime and Fulltime. In other words, to win a 1/1 bet; By the end of the first half, the home team should be winning. By the end of the whole match (fulltime), the home should be the winner.
 What is the meaning of 1 1 correct score?
 What does a Correct Score of 11 mean? Betting on the Correct Score of a game is a common betting market used in sports betting. When betting on a correct score of 11 you require the final score of the game to be exactly the same as your bet, in this case you would need a final score 11 for your bet to win.
 What does HT FT 1 1 mean in betting?
 Home Win / Home Win Half Time Full Time Explained in Detail For instance, if Manchester United is playing Wolves and you wager 1/1 (Home Win / Home Win), meaning Man U to win at halftime and also win the same team win the second half. So, if Manchester leads at halftime 10 and wins the match 21, you have won the HT/FT bet.
What are the odds of two people.having a bad week
What percentage is a 1 1 odds?  50%
Odds Conversion Table


What is a 2 to 1 payout?  For example: 2/1 odds means you'll win $2 for every $1 you bet. A $100 bet at 2/1 odds would win $200, for a total payout of $300.  
How do you read odds with a colon?  They are usually expressed as a pair of numbers separated by a colon or as a fraction. For example, if you're rolling a sixsided die, the odds of rolling a six are 1:5, meaning there is one favorable outcome (rolling a six) and five unfavorable outcomes (rolling a one, two, three, four, or five).  
What do fractional odds mean?  Whenever you see two numbers separated by a slash, i.e. 10/1, this is a fractional betting odd. Fractional odds allow you to calculate how much money you will win on your bet in comparison to you stake. The number on the left(e.g. 10) is how much you will win.  
What is the formula for calculating odds?  To convert from a probability to odds, divide the probability by one minus that probability. So if the probability is 10% or 0.10 , then the odds are 0.1/0.9 or '1 to 9' or 0.111. To convert from odds to a probability, divide the odds by one plus the odds.  
What does it mean when odds are negative?  Whereas negative () odds tell you what you have to bet on the favorite to win $100, positive (+) odds tell you how much you'll win for every $100 you wager on the underdog. So, a team with odds of +120 would payout $120 for every $100 wager.  
Does a colon (:) mean divide in math?  A ratio is two numbers separated by a colon (:). A colon indicates the need to divide.  
What is 0.5 as odds?  A probability of 0.5 is the same as odds of 1.0. Think of it this way: The probability of flipping a coin to heads is 50%. The odds are “fifty: fifty,” which equals 1.0. As the probability goes up from 0.5 to 1.0, the odds increase from 1.0 to approach infinity.  
What does a 0.1 odds ratio mean?  The simplest way to ensure that the interpretation is correct is to first convert the odds into a risk. For example, when the odds are 1:10, or 0.1, one person will have the event for every 10 who do not, and, using the formula, the risk of the event is 0.1/(1+0.1) = 0.091.  
What is 0.2 in odds?  An OR of 0.2 means there is an 80% decrease in the odds of an outcome with a given exposure. 
 How do I interpret odds?
 The odds are the ratio of the probability that an outcome occurs to the probability that the outcome does not occur. For example, sup pose that the probability of mortality is 0.3 in a group of patients. This can be expressed as the odds of dying: 0.3/(1 − 0.3) = 0.43.
 How do you interpret 0.5 odds ratio?
 As an example, an odds ratio of 0.5 means that there is a 50% decrease in the odds of disease if you have the exposure. An example of an exposure with a protective factor would be brushing your teeth twice a day.
 How are racing odds calculated?
 Odds are determined by the total money wagered on each horse, and fluctuate until race time. The favorite horse isn't necessarily the best – it just has the most money wagered on it. Historically, favorites win only onethird of the time.
 How do I calculate odds?
 To convert from a probability to odds, divide the probability by one minus that probability. So if the probability is 10% or 0.10 , then the odds are 0.1/0.9 or '1 to 9' or 0.111. To convert from odds to a probability, divide the odds by one plus the odds.
 What does 8 to 5 odds mean in horse racing?
 Using 85 as an example, this means that, for every $5 bet, one would win about $8 and get $13 back. For a $2 bet on a horse that is 85, the winner would receive about $5.20. Once in a great while, you will see odds of 19 on the odds board.
 What does 7 to 5 odds pay?
 The odds and what they mean
Odds Payoff range 65 $4.40$4.70 75 $4.80$4.90 32 $5.00$5.10 85 $5.20$5.50
 The odds and what they mean
 What does the PL mean in horse racing?
 Profit Line odds represent each horse's estimated probability of winning based on a rigorous computer study encompassing thousands of races. Profit Line odds incorporate numerous handicapping factors (speed, class, pace, form, weight, distance, surface, trainer, jockey, pedigree, recency, etc.).
 What are the morning line odds?
 The odds listed in the race program are the “morning line” odds. These are the odds placed on the horses by the track's handicapper when the race program is published, before the wagering starts.
 What does P mean in horse racing results?
 Pulled up In horse racing abbreviations relating to form, 'P' stands for “pulled up”. This means that the horse was unable to finish the race and was pulled up by its jockey before reaching the finish line.
 What is ML in horse racing?
 The morning line (ML) is an expert's guess at what the final odds of a race will be. It's not always exactly accurate, but it's a critical tool for estimating each horse's odds and payouts, especially for new bettors.