Probability
The probability of flipping heads on a coin?
50%, 1/2
Penn State (-200).
$50
A type of bet where you are solely betting on the winner of the game.
Money line.
The probability of rolling a 2 on a die.
1/6
The probability of rolling an even number and flipping heads?
25%, 1/4
Michigan (+200).
$200.
The odds of rolling an even number on a die.
1:1
The probability of rolling a sum of 9 on two dice?
1/9
The total amount of points both teams need to score to win the over.
O/U: 55.5
56 points.
The formula of probability.
Successes/total outcomes.
A graph with an x but no exponent.
Linear.
The probability of flipping 3 heads and rolling a 5
1/48
The amount of money you would get if you made a $100 futures bet on the Panthers winning the Super Bowl.
Panthers: (+10000000000000000)
$1000000000000000
A type of graph with x as the exponent.
Exponential.
The probability of rolling a 7 on a die.
0
The probability of rolling 4 sixes in a row and then flipping 5 heads in a row.
1/41472
The amount you would win if you bet 20$ on the Cubs ML.
Cubs: (-400)
$5
The odds equation
successes/failures.
The formula to find the break-even if the odds were negative