
12 to 72 Odds means that there are 12 chances of one outcome and 72 chances of a different outcome.
We will call these different outcomes A and B. Thus, there are 12 A's and 72 B's in 12 to 72 Odds.
12 to 72 Odds can be written as a ratio of 12/72. 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 12 to 72 Odds numbers into the formulas, we get:
(12/(12+72))*100 = 14.29%
(72/(12+72))*100 = 85.71%
Therefore, 12 to 72 Odds converts to the following Probabilities:
14.29% Probability of A
85.71% Probability of B
So instead of saying 12 to 72 Odds, you could say that there is a 14.29% Probability.
Odds To Probability Converter
Convert more Odds here.
Convert 12 to 73 Odds to Probability
Here is the next Odds on our list that we converted to Probability.
Copyright | Privacy Policy | Disclaimer | Contact