Odds Calculator
The odds calculator is designed to convert the odds into probability and the percentage chance of winning and losing.
How to Use the Odds Calculator?
- First, enter the success ratio. The 'A' represents the chances for success and the 'B' represents the chances against success.
- Select odds for winning or against winning.
- Press the 'Calculate' button.
- The tool returns the probability, chances (in percentage), and odds (A:B) of winning and losing.
Probability of Winning and Losing Formula
PWin = A / (A + B)
PLose = B / (A + B)
Where odds (A:B) are for winning.