Convert 5 to 98 Odds to Probability

5 to 98 Odds means that there are 5 chances of one outcome and 98 chances of a different outcome.

We will call these different outcomes A and B. Thus, there are 5 A's and 98 B's in 5 to 98 Odds.

5 to 98 Odds can be written as a ratio of 5/98. 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 5 to 98 Odds numbers into the formulas, we get:

(5/(5+98))*100 = 4.85%
(98/(5+98))*100 = 95.15%

Therefore, 5 to 98 Odds converts to the following Probabilities:

4.85% Probability of A

95.15% Probability of B

So instead of saying 5 to 98 Odds, you could say that there is a 4.85% Probability.

Odds To Probability Converter
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Convert 5 to 99 Odds to Probability
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