What does 43 to 17 odds mean?

"What does 43 to 17 odds mean?" Here we will tell you what 43 to 17 odds mean, what 43 to 17 probability means, and show you what a 43 to 17 odds payout would be.

43 to 17 odds
This means that out of 60 possible outcomes, odds are that there will be 43 of one kind of outcome and 17 of another kind of outcome.

For every 60, odds are that 43 will be a particular event and 17 will be another event.

43 to 17 probability
There is a 71.67 percent probability of a particular outcome and 28.33 percent probability of another outcome.

43 to 17 odds payout
If you bet 1 on a game with 43 to 17 odds and you win, your total payout will be 3.53 which is your bet plus 2.53 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 43 to 17, the fraction for the Odds is 43/17, but the fraction to calculate the probability is 43/60.

Formulas and calculations used for 43 to 17 odds where A=43 and B=17

Odds
A / B =
43 / 17 =
43/17

Probability
A / (A + B) =
43 / (43 + 17) =
43/60 = 71.67%

Payout
((Bet*A)/B)) + Bet =
((1*43)/17)) + 1 =
3.53

Odds Calculator
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