
3 to 16 Odds means that there are 3 chances of one outcome and 16 chances of a different outcome.
We will call these different outcomes A and B. Thus, there are 3 A's and 16 B's in 3 to 16 Odds.
3 to 16 Odds can be written as a ratio of 3/16. 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 3 to 16 Odds numbers into the formulas, we get:
(3/(3+16))*100 = 15.79%
(16/(3+16))*100 = 84.21%
Therefore, 3 to 16 Odds converts to the following Probabilities:
15.79% Probability of A
84.21% Probability of B
So instead of saying 3 to 16 Odds, you could say that there is a 15.79% Probability.
Odds To Probability Converter
Convert more Odds here.
Convert 3 to 17 Odds to Probability
Here is the next Odds on our list that we converted to Probability.
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