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mightyman
09 Feb 10 12:01
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Date Joined: 04 Dec 06
| Topic/replies: 98 | Blogger: mightyman's blog
Can someone tell me how to convert % into odds pls??

e.g A vs B i feel A has 68% chance of winning what should its odds be?

Many thanks in advance.

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Replies: 6
By:
Lame Runner
When: 09 Feb 10 12:05
(100-%)/%
So 33% =(100-33)/33 = 2-1
By:
mightyman
When: 09 Feb 10 12:06
thanks lame
By:
freddiewilliams
When: 09 Feb 10 12:09
i want to turn odds into %. whats the maths


6/4

2/1

10/1
By:
Triggster
When: 09 Feb 10 12:24
100/((6/4) +1) = 40%

100/((2/1) +1) = 33.33%

100/((10/1) +1) = 9.09%
By:
Triggster
When: 09 Feb 10 12:25
6/4 + 1 = the decimal equiv 2.5
By:
westausdave
When: 09 Feb 10 12:35
The question is what percentage you are looking for.

If you bet a horse at even money (1/1) you will get back 2 for every 1 bet - your stake of 1 plus 1. In other words you'll make a profit of 100%. Looked at the other way round that horse has one chance out of every two of winning (half or 50%).

If the horse is 9/1 you'll get back 10 for every one, making a profit of 900%. That horse is judged as having one chance out of every 10 of winning - or 10% and 9 chances out of every 10 of not winning.

And so on.

Work out those reverse percentages, add em up and you'll get the little number at the top of the market display - if you're quick enough.
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