#1
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Not a newb but need help with something
I need helping figuring out how to make odds into percentages and vice versa. For example. What would 1.22 to 1 be in percentages. x% vs y% Or when they say 65 to 45 percent favorite what odds do they mean (i.e) x to y?
thanks sorry for my ignorance. |
#2
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Re: Not a newb but need help with something
Me thinks...To convert odds to percentage:
1/( <font color="red"> 1.22 </font> +1)= <font color="green"> 45.05% </font> Just change the number in red each time to fnd the number in green. Pretty easy to do in MS Excel. Another example, the percentage that a flush will come by the river if you have a flush draw: 1/( <font color="red"> 1.86 </font> +1)= <font color="green"> 34.97% </font> I am definitely not a strong math person, so I had to noodle this out once...I think it holds up. |
#3
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Re: Not a newb but need help with something
[ QUOTE ]
Me thinks...To convert odds to percentage: 1/( <font color="red"> 1.22 </font> +1)= <font color="green"> 45.05% </font> Just change the number in red each time to fnd the number in green. Pretty easy to do in MS Excel. Another example, the percentage that a flush will come by the river if you have a flush draw: 1/( <font color="red"> 1.86 </font> +1)= <font color="green"> 34.97% </font> I am definitely not a strong math person, so I had to noodle this out once...I think it holds up. [/ QUOTE ] Thank you you are my hero. Lol [img]/images/graemlins/grin.gif[/img] |
#4
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Re: Not a newb but need help with something
To got he other way and get the odds - just reduce the numbers like in reducing fractions.
If you are a 40% chance to win, that is 60% against and 40% for you. So thats 60-40 = 6-4 = 3-2. So being a 40% favorite means the odds are 3-2 against you. |
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