Property
Theoretical probability is what we expect to happen in theory. It is calculated as P(extevent)=Total number of outcomesNumber of favorable outcomes, assuming a world of perfect fairness.
Examples
The theoretical probability of a fair coin landing on heads is 21.
The theoretical probability of rolling a 5 on a standard six-sided die is 61.
The company claims 1 in 3 boxes win, so the theoretical probability of winning is 31.
Explanation
Think of this as the “on paper” probability, what math predicts should happen. It’s like the game's official rulebook telling you the odds before you play. It’s the ideal chance, but remember, real life doesn't always follow the script perfectly!