
2 to 47 Odds means that there are 2 chances of one outcome and 47 chances of a different outcome.
We will call these different outcomes A and B. Thus, there are 2 A's and 47 B's in 2 to 47 Odds.
2 to 47 Odds can be written as a ratio of 2/47. 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 2 to 47 Odds numbers into the formulas, we get:
(2/(2+47))*100 = 4.08%
(47/(2+47))*100 = 95.92%
Therefore, 2 to 47 Odds converts to the following Probabilities:
4.08% Probability of A
95.92% Probability of B
So instead of saying 2 to 47 Odds, you could say that there is a 4.08% Probability.
Odds To Probability Converter
Convert more Odds here.
Convert 2 to 48 Odds to Probability
Here is the next Odds on our list that we converted to Probability.
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