The birthday paradox states that in a random group of 23 people, there is about a 50% chance that two people will have the same birthday. It seems counterintuitive because we expect the probability of a match to be low when comparing individual birthdays. However, with 23 people there are 253 possible pairs to compare, and taking into account all the combinations, the odds of at least one match is actually around 50%. The probability increases rapidly with larger groups, reaching over 99% for a group of 75 people.