Are 3/5 good odds?
Is it like 75%?
- DavidLv 73 months agoFavorite Answer
No, because 3/5 as a percentage is 60%
- HockeyLv 63 months ago
3/5 equals 60%. Whether those are good odds, depends on the situation.
Chances of winning in a casino: good odds.
Chances of the bullet still being in the revolver with Russian roulette, not such good odds.
- PhilomelLv 73 months ago
3/5 is like 60%.
- TomVLv 73 months ago
There is a lot of confusion about the difference between "odds" and "probability". Even though the terms are sometimes used interchangeably, they refer to different things.
You reference 3/5 as "odds". In that format it more correctly refers to probability. If you mean the probability of success is 3/5, that is 60% which is more than 50% and might be considered a favorable state of affairs in which you could expect to win 3 times out of every 5 times you try. In terms of "odds", a percentage of 3/5 would be expressed at 3 to 2.
If you mean to refer to 3/5 as "odds", they are more correctly stated as 3 to 5. That means that for every 3 wins, you can expect 5 losses. The converts to 3 successes out of 3+5 = 8 trials or a percentage of 3/8 = 37.5%.
So odds, expressed at 3 to 5 means of every 8 trials, you win 3 and lose 5. Those are not very good odds.
Odds expressed as A to B convert to a percentage of A/(A+B)
A percentage expressed as A/B converts to odds of A to B-A
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- lenpol7Lv 73 months ago
NO!!! it is more like 60%
3/5 = 0.6 = 60%
- RRLv 73 months ago
3/5 x 100 = 60%.
Reasonmable odds but could be a lot better
- ElaineLv 73 months ago
3/5 = 60/100 = 60% 60% is not great but is better than 50%
- HernandoLv 63 months ago
Not if those goods are baskets or tangles.
- PetterLv 73 months ago
Half decent, it's NOT like 75 %. More like 60 %...