
8 to 37 Odds means that there are 8 chances of one outcome and 37 chances of a different outcome.
We will call these different outcomes A and B. Thus, there are 8 A's and 37 B's in 8 to 37 Odds.
8 to 37 Odds can be written as a ratio of 8/37. 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 8 to 37 Odds numbers into the formulas, we get:
(8/(8+37))*100 = 17.78%
(37/(8+37))*100 = 82.22%
Therefore, 8 to 37 Odds converts to the following Probabilities:
17.78% Probability of A
82.22% Probability of B
So instead of saying 8 to 37 Odds, you could say that there is a 17.78% Probability.
Odds To Probability Converter
Convert more Odds here.
Convert 8 to 38 Odds to Probability
Here is the next Odds on our list that we converted to Probability.
Copyright | Privacy Policy | Disclaimer | Contact