Convert 24 to 80 Odds to Probability

24 to 80 Odds means that there are 24 chances of one outcome and 80 chances of a different outcome.

We will call these different outcomes A and B. Thus, there are 24 A's and 80 B's in 24 to 80 Odds.

24 to 80 Odds can be written as a ratio of 24/80. 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 24 to 80 Odds numbers into the formulas, we get:

(24/(24+80))*100 = 23.08%
(80/(24+80))*100 = 76.92%

Therefore, 24 to 80 Odds converts to the following Probabilities:

23.08% Probability of A

76.92% Probability of B

So instead of saying 24 to 80 Odds, you could say that there is a 23.08% Probability.

Odds To Probability Converter
Convert more Odds here.

Convert 24 to 81 Odds to Probability
Here is the next Odds on our list that we converted to Probability.