Verified answer

just divide and multiply by 100 to get a percentage

1/83=.012

1.2%

Percentages: 1/83 of occuring and 82/83 chance of not occuring

Odds for: 1/82 and Odds against: 82/1

1 in 83 chance can be expressed directly as a fraction, 1/83 =0.0120481

0.0120481 * 100 = 1.20481%

Say you wanted to convert to odds:

1 in 83 chance it will = 0.0120481

82 in 83 it will not =.9879518

odds for then = 0.0120481/ .9879518 = 1/82 meaning 1 to 82 it will happen

odds against =1/(odds for) = 82/1 meaning 82 to 1 it will not happen

Another example:

Say you have 3 to 4 odds of winning a bet

3/(3+4) = 3/7 chance of winning or 42.86%

4/(3+4) = 4/7 chance of loosing =100 - 42.86 = 57.14%

don't confuse odds with probability

probability is a fraction of favorable outcomes divided by total outcomes

you have a 1/83 probability of something occuring

1 / 83 = x / 100

83x = 100

x = 100/83

x = 1.2048192771084337349397590361446

1.2% probability

odds are a ratio of favorable outcomes to non favorable outcomes in lowest reduced form

odds

if the probability is 1 / 83

there is 1 favorable outcome

there are 82 that are not

1 : 82

or

1 to 82 odds

"Chance" is not "odds." "Chance" is Probability which is slightly different that Odds, which is a related concept, but not identical.

1 in 83 chance mean Probabilityh = 1/83 which you simply divide on a caculator to get a decimal which hopefully you can change to a percent.

1/83 means 1 ÷ 83 = 0.012048... which you should round to 0.012 = 1.2% (Move point 2 places right and append % symbol.)

1

---- = 0.01204819277..... {divided 1 by 83}

83

≈ 1.2% {changed to percent by moving decimal right two places}

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