there are three events A B and C one of which must only one can happen the odds are 8 to 3 against A, 5 to 2 against B , then odds against C is
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if three events A B C
then sum of all probablities of all possible events is 1
probablity of favour of A=1-odds against A
=1-3/8
=5/8
probablity of favour of B=1-odds against B
=1-2/5
=3/5
probablity of odds A+ probablity of odds B+ probablity of oddsC=1
3/8+2/5+ probablity of oddsC=1
probablity of oddsC=1-31/40
=9/40
then sum of all probablities of all possible events is 1
probablity of favour of A=1-odds against A
=1-3/8
=5/8
probablity of favour of B=1-odds against B
=1-2/5
=3/5
probablity of odds A+ probablity of odds B+ probablity of oddsC=1
3/8+2/5+ probablity of oddsC=1
probablity of oddsC=1-31/40
=9/40
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