Convert 2 to 98 Odds to Probability

2 to 98 Odds means that there are 2 chances of one outcome and 98 chances of a different outcome.

We will call these different outcomes A and B. Thus, there are 2 A's and 98 B's in 2 to 98 Odds.

2 to 98 Odds can be written as a ratio of 2/98. 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 98 Odds numbers into the formulas, we get:

(2/(2+98))*100 = 2.00%
(98/(2+98))*100 = 98.00%

Therefore, 2 to 98 Odds converts to the following Probabilities:

2.00% Probability of A

98.00% Probability of B

So instead of saying 2 to 98 Odds, you could say that there is a 2.00% Probability.

Odds To Probability Converter
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Convert 2 to 99 Odds to Probability
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