Tomkat wrote:80,000 people in a stadium. one ticket will be pulled to win a full sized pick up truck (make and model are irrelevant to the example). Odds are most certainly not 50/50 for every single person there, because the odds do not change once the winning ticket is pulled. If it were 50/50, 40,000 people would win trucks and that is not possible when only 1 is available
1 ticket pulled, 1 in your hand. Either it is your ticket or it isn't. How is that not 50/50. Only 2 possible outcomes.