It's not the odd's but the stakes... oxtox events kill people all the time in scuba. Certainty in the top 5 for technical divers.The logical conclusion you came to based on an "overall risk level" is extremely misguided.
Example:
Chance of death in car crash: Low - most car crashes are minor and don't involve significant injuries.
Chance of death in an airplane crash: High - airplanes tend to crash at high speed and kill everyone.
Conclusion: Traveling my Car is safer than by Plane.
Reality: Airplanes crashes are vanishingly rare, and car crashes kill ~10,000 times more people than airplane crashes each year.
Oxygen toxicity events in Scuba diving are vanishing rare. DCS occurs far more frequently resulting in hundreds or thousands of injuries every year. Even finding documented examples of OxTox in Scuba are difficult as highlighted by this thread.
The car vs. airplane analogy is misleading and oversimplified when applied to CNS oxygen toxicity and DCS. Unlike choosing a mode of transport, diving involves managing both CNS toxicity and DCS risks simultaneously, rather than choosing one or the other.
The risk of DSC can be managed by diving more conservative exposures. The risk of oxygen toxicity is less understood, and the prudent thing to do would be to dive less aggressive exposures in both the cases.