Question: A newspaper article preceding the 1994 World Cup semifinal match between Italy and Bulgaria stated that Italy is favored 1011 to beat Bulgaria, which is

A newspaper article preceding the 1994 World Cup semifinal match between Italy and Bulgaria stated that “Italy is favored 10–11 to beat Bulgaria, which is rated at 10–3 to reach the final.” Suppose that this means that the odds that Italy wins are 11/10 and the odds that Bulgaria wins are 3/10. Find the probability that each team wins, and comment.

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