
3 to 31 Odds means that there are 3 chances of one outcome and 31 chances of a different outcome.
We will call these different outcomes A and B. Thus, there are 3 A's and 31 B's in 3 to 31 Odds.
3 to 31 Odds can be written as a ratio of 3/31. 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 31 Odds numbers into the formulas, we get:
(3/(3+31))*100 = 8.82%
(31/(3+31))*100 = 91.18%
Therefore, 3 to 31 Odds converts to the following Probabilities:
8.82% Probability of A
91.18% Probability of B
So instead of saying 3 to 31 Odds, you could say that there is a 8.82% Probability.
Odds To Probability Converter
Convert more Odds here.
Convert 3 to 32 Odds to Probability
Here is the next Odds on our list that we converted to Probability.
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