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Odds Probability Calculator

<-- Enter m
<-- Enter n
    

How does the Odds Probability Calculator work?

Given an odds prediction m:n of an event success, this calculates the probability that the event will occur or not occur
This calculator has 2 inputs.

What 2 formulas are used for the Odds Probability Calculator?

  1. P(success) = m/(m + n)
  2. P(failure) = n/(m + n)

For more math formulas, check out our Formula Dossier

What 4 concepts are covered in the Odds Probability Calculator?

event
a set of outcomes of an experiment to which a probability is assigned.
odds
The ratio of a payoff to a stake
odds probability
Probability of odds paying off
probability
the likelihood of an event happening. This value is always between 0 and 1.
P(Event Happening) = Number of Ways the Even Can Happen / Total Number of Outcomes

Example calculations for the Odds Probability Calculator

  1. 3:2 odds
  2. 7 to 5
  3. 7 to 5 odds against



Odds Probability Calculator Video