In casino game chances, the most important factor is the likelihood of a particular outcome or event occurring. This likelihood is represented as the probability of the event, which is expressed as a number between 0 and 1.
The probability of an event is calculated by dividing the number of favorable outcomes by the total number of possible outcomes. For example, the probability of rolling a six on a six-sided dice is 1/6, or approximately 0.1667.
The probability of an event is calculated by dividing the number of favorable outcomes by the total number of possible outcomes. For example, the probability of rolling a six on a six-sided dice is 1/6, or approximately 0.1667.