The odds of winning in a game of chance depend on the specific game and its rules. In general, the odds are calculated by dividing the number of ways to win by the total number of possible outcomes. The higher the odds, the better the chance of winning.
If the odds are 179 to 2, the probability of winning is 0.01105, or; the chance of winning is 1.11%
Chance of winning: 2.78%
Chance of winning: 4.76%
Chance of winning: 0.99%
Chance of winning: 5.56%
Chance of winning: 12.5%
If the odds are 9 to 7, the chance of winning is 43.75%
Here are the two for comparison;For 3 to 1 odds of winning;Probability of winning:0.25, or;Chance of winning:25%---------------------For 9 to 1 odds of winning;Probability of winning:0.1, or;Chance of winning:10%
Odds Shark predicts that the upcoming game will have a close outcome, with both teams having a similar chance of winning.
For 2 to 25 odds of winning;Probability of winning:0.925926, or;Chance of winning:92.59%
For 2 to 39 odds of winning;Probability of winning:0.95122, or;Chance of winning:95.12%
For 2 to 1 odds of winning;Probability of winning:0.333333, or;Chance of winning:33.33%