Question: what does odds 3 to 2 mean?
Answer: Odds compare one event to another event, whereas probability compares one event to both possible events. Thus, when the odds are 3 to 2, the fraction for the Odds is 3/2, but the fraction to calculate the probability is 3/5. Formulas and calculations used for 3 to 2 odds where A=3 and B=2. Odds.