Use the Rules of Probability to Determine the Strength of the Following

Short Answer

Use the rules of probability to determine the strength of the following argument. In other words, given that the premises are true, how likely is the conclusion?
The odds are 2 to 1 that Archarcharch will win the Kentucky Derby, but odds are 3 to 2 that Archarcharch will win the Preakness. So, odds are that Archarcharch will not win both the Kentucky Derby and the Preakness. (Note: The Derby and the Preakness are independent races.)