The odds of winning a game are given as 1:25. What is the probability that you will win this game? What is the probability that you will lose this

The odds of winning a game are given as 1:25. What is the probability that you will win this game? What is the probability that you will lose this game? In your reply, consider factors as to which number in the odds ratio needs to change and how in order to increase the probability of winning. (Note: see page 145 in the text for a discussion on odds.)