
38 to 8 Odds means that there are 38 chances of one outcome and 8 chances of a different outcome.
We will call these different outcomes A and B. Thus, there are 38 A's and 8 B's in 38 to 8 Odds.
38 to 8 Odds can be written as a ratio of 38/8. 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 8 Odds numbers into the formulas, we get:
(38/(38+8))*100 = 82.61%
(8/(38+8))*100 = 17.39%
Therefore, 38 to 8 Odds converts to the following Probabilities:
82.61% Probability of A
17.39% Probability of B
So instead of saying 38 to 8 Odds, you could say that there is a 82.61% Probability.
Odds To Probability Converter
Convert more Odds here.
Convert 38 to 9 Odds to Probability
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