
38 to 98 Odds means that there are 38 chances of one outcome and 98 chances of a different outcome.
We will call these different outcomes A and B. Thus, there are 38 A's and 98 B's in 38 to 98 Odds.
38 to 98 Odds can be written as a ratio of 38/98. 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 38 to 98 Odds numbers into the formulas, we get:
(38/(38+98))*100 = 27.94%
(98/(38+98))*100 = 72.06%
Therefore, 38 to 98 Odds converts to the following Probabilities:
27.94% Probability of A
72.06% Probability of B
So instead of saying 38 to 98 Odds, you could say that there is a 27.94% Probability.
Odds To Probability Converter
Convert more Odds here.
Convert 38 to 99 Odds to Probability
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