
38 to 48 Odds means that there are 38 chances of one outcome and 48 chances of a different outcome.
We will call these different outcomes A and B. Thus, there are 38 A's and 48 B's in 38 to 48 Odds.
38 to 48 Odds can be written as a ratio of 38/48. 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 38 to 48 Odds numbers into the formulas, we get:
(38/(38+48))*100 = 44.19%
(48/(38+48))*100 = 55.81%
Therefore, 38 to 48 Odds converts to the following Probabilities:
44.19% Probability of A
55.81% Probability of B
So instead of saying 38 to 48 Odds, you could say that there is a 44.19% Probability.
Odds To Probability Converter
Convert more Odds here.
Convert 38 to 49 Odds to Probability
Here is the next Odds on our list that we converted to Probability.
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