odds of winning

Question

if normal odds of winning are 1 out 175

what are my chances to win if reduced by 80%? 

Answer 1

What you need to do is multiply 80% (.80) by your original total chance (175)

 

This will reduce the over all number and make your chance to win much higher. 

Your chances of winning after the reduction is outlined in the following equation:

 

                                      1\(.8*175)