Convert 1 to 15 Odds to Probability
1 to 15 Odds means that there are 1 chances of one outcome and 15 chances of a different outcome.
We will call these different outcomes A and B. Thus, there are 1 A's and 15 B's in 1 to 15 Odds.
1 to 15 Odds can be written as a ratio of 1/15. Instead of a ratio, Probability shows the percent chance of the outcomes A and B.
The two formulas to convert Odds to Probabilities are as follows
(A/(A+B))*100 = A%
(B/(A+B))*100 = B%
When we plug the 1 to 15 Odds numbers into the formulas, we get:
(1/(1+15))*100 = 6.25%
(15/(1+15))*100 = 93.75%
Therefore, 1 to 15 Odds converts to the following Probabilities:
6.25% Probability of A
93.75% Probability of B
So instead of saying 1 to 15 Odds, you could say that there is a 6.25% Probability.
Odds To Probability Converter
Convert more Odds here.
Convert 1 to 16 Odds to Probability
Here is the next Odds on our list that we converted to Probability.
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