
7 to 48 Odds means that there are 7 chances of one outcome and 48 chances of a different outcome.
We will call these different outcomes A and B. Thus, there are 7 A's and 48 B's in 7 to 48 Odds.
7 to 48 Odds can be written as a ratio of 7/48. 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 7 to 48 Odds numbers into the formulas, we get:
(7/(7+48))*100 = 12.73%
(48/(7+48))*100 = 87.27%
Therefore, 7 to 48 Odds converts to the following Probabilities:
12.73% Probability of A
87.27% Probability of B
So instead of saying 7 to 48 Odds, you could say that there is a 12.73% Probability.
Odds To Probability Converter
Convert more Odds here.
Convert 7 to 49 Odds to Probability
Here is the next Odds on our list that we converted to Probability.
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