Enter the total number of chances for success and the total number of chances for failure into the calculate to determine the odds of winning and losing. (%). This simple odds calculator simply determines the chance of winning or losing an event.
The following equation can be used to calculate the odds of success or failure of a given sequence.
% = x / y*100
- Where % is the chance of success of failure
- x is the number of success or failures
- y is the total number of attempts
This equation is for simple odds only. That is the percentage of success or failure based on the total number of tries and success. This probability is simple mathematics. It’s a ratio of successes or failures to total results, also known as simple division.