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What is the probability of a soccer team winning with odds of 5 (i.e., 5 to 1 odds)? Multiple Choice 5:1 0.20 0.80 0.83

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What is the probability of a soccer team winning with odds of 5 (i.e., 5 to 1 odds)? Multiple Choice 5:1 0.20 0.80 0.83

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