
38 to 60 Odds means that there are 38 chances of one outcome and 60 chances of a different outcome.
We will call these different outcomes A and B. Thus, there are 38 A's and 60 B's in 38 to 60 Odds.
38 to 60 Odds can be written as a ratio of 38/60. 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 60 Odds numbers into the formulas, we get:
(38/(38+60))*100 = 38.78%
(60/(38+60))*100 = 61.22%
Therefore, 38 to 60 Odds converts to the following Probabilities:
38.78% Probability of A
61.22% Probability of B
So instead of saying 38 to 60 Odds, you could say that there is a 38.78% Probability.
Odds To Probability Converter
Convert more Odds here.
Convert 38 to 61 Odds to Probability
Here is the next Odds on our list that we converted to Probability.
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