What does 18 to 2 odds mean?

"What does 18 to 2 odds mean?" Here we will tell you what 18 to 2 odds mean, what 18 to 2 probability means, and show you what a 18 to 2 odds payout would be.

18 to 2 odds
This means that out of 20 possible outcomes, odds are that there will be 18 of one kind of outcome and 2 of another kind of outcome.

For every 20, odds are that 18 will be a particular event and 2 will be another event.

18 to 2 probability
There is a 90.00 percent probability of a particular outcome and 10.00 percent probability of another outcome.

18 to 2 odds payout
If you bet 1 on a game with 18 to 2 odds and you win, your total payout will be 10.00 which is your bet plus 9.00 profit.

Odds vs. Probability
Note that odds and probability are not the same. Odds compare one event to another event, whereas probability compares one event to both possible events. Thus, when the odds are 18 to 2, the fraction for the Odds is 18/2, but the fraction to calculate the probability is 18/20.

Formulas and calculations used for 18 to 2 odds where A=18 and B=2

Odds
A / B =
18 / 2 =
18/2

Probability
A / (A + B) =
18 / (18 + 2) =
18/20 = 90.00%

Payout
((Bet*A)/B)) + Bet =
((1*18)/2)) + 1 =
10.00

Odds Calculator
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What does 18 to 3 odds mean?
Go here for the next odds on our list that we have interpreted.