
8 to 82 Odds means that there are 8 chances of one outcome and 82 chances of a different outcome.
We will call these different outcomes A and B. Thus, there are 8 A's and 82 B's in 8 to 82 Odds.
8 to 82 Odds can be written as a ratio of 8/82. 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 82 Odds numbers into the formulas, we get:
(8/(8+82))*100 = 8.89%
(82/(8+82))*100 = 91.11%
Therefore, 8 to 82 Odds converts to the following Probabilities:
8.89% Probability of A
91.11% Probability of B
So instead of saying 8 to 82 Odds, you could say that there is a 8.89% Probability.
Odds To Probability Converter
Convert more Odds here.
Convert 8 to 83 Odds to Probability
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