Convert 16 to 24 Odds to Probability

16 to 24 Odds means that there are 16 chances of one outcome and 24 chances of a different outcome.

We will call these different outcomes A and B. Thus, there are 16 A's and 24 B's in 16 to 24 Odds.

16 to 24 Odds can be written as a ratio of 16/24. 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 16 to 24 Odds numbers into the formulas, we get:

(16/(16+24))*100 = 40.00%
(24/(16+24))*100 = 60.00%

Therefore, 16 to 24 Odds converts to the following Probabilities:

40.00% Probability of A

60.00% Probability of B

So instead of saying 16 to 24 Odds, you could say that there is a 40.00% Probability.

Odds To Probability Converter
Convert more Odds here.

Convert 16 to 25 Odds to Probability
Here is the next Odds on our list that we converted to Probability.