Convert 62 to 1 Odds to Probability

62 to 1 Odds means that there are 62 chances of one outcome and 1 chances of a different outcome.

We will call these different outcomes A and B. Thus, there are 62 A's and 1 B's in 62 to 1 Odds.

62 to 1 Odds can be written as a ratio of 62/1. 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 62 to 1 Odds numbers into the formulas, we get:

(62/(62+1))*100 = 98.41%
(1/(62+1))*100 = 1.59%

Therefore, 62 to 1 Odds converts to the following Probabilities:

98.41% Probability of A

1.59% Probability of B

So instead of saying 62 to 1 Odds, you could say that there is a 98.41% Probability.

Odds To Probability Converter
Convert more Odds here.

Convert 62 to 2 Odds to Probability
Here is the next Odds on our list that we converted to Probability.