
3 to 46 Odds means that there are 3 chances of one outcome and 46 chances of a different outcome.
We will call these different outcomes A and B. Thus, there are 3 A's and 46 B's in 3 to 46 Odds.
3 to 46 Odds can be written as a ratio of 3/46. 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 46 Odds numbers into the formulas, we get:
(3/(3+46))*100 = 6.12%
(46/(3+46))*100 = 93.88%
Therefore, 3 to 46 Odds converts to the following Probabilities:
6.12% Probability of A
93.88% Probability of B
So instead of saying 3 to 46 Odds, you could say that there is a 6.12% Probability.
Odds To Probability Converter
Convert more Odds here.
Convert 3 to 47 Odds to Probability
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