
31 to 98 Odds means that there are 31 chances of one outcome and 98 chances of a different outcome.
We will call these different outcomes A and B. Thus, there are 31 A's and 98 B's in 31 to 98 Odds.
31 to 98 Odds can be written as a ratio of 31/98. 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 31 to 98 Odds numbers into the formulas, we get:
(31/(31+98))*100 = 24.03%
(98/(31+98))*100 = 75.97%
Therefore, 31 to 98 Odds converts to the following Probabilities:
24.03% Probability of A
75.97% Probability of B
So instead of saying 31 to 98 Odds, you could say that there is a 24.03% Probability.
Odds To Probability Converter
Convert more Odds here.
Convert 31 to 99 Odds to Probability
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