
16 to 88 Odds means that there are 16 chances of one outcome and 88 chances of a different outcome.
We will call these different outcomes A and B. Thus, there are 16 A's and 88 B's in 16 to 88 Odds.
16 to 88 Odds can be written as a ratio of 16/88. 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 88 Odds numbers into the formulas, we get:
(16/(16+88))*100 = 15.38%
(88/(16+88))*100 = 84.62%
Therefore, 16 to 88 Odds converts to the following Probabilities:
15.38% Probability of A
84.62% Probability of B
So instead of saying 16 to 88 Odds, you could say that there is a 15.38% Probability.
Odds To Probability Converter
Convert more Odds here.
Convert 16 to 89 Odds to Probability
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