What does 89 to 12 odds mean?

"What does 89 to 12 odds mean?" Here we will tell you what 89 to 12 odds mean, what 89 to 12 probability means, and show you what a 89 to 12 odds payout would be.

89 to 12 odds
This means that out of 101 possible outcomes, odds are that there will be 89 of one kind of outcome and 12 of another kind of outcome.

For every 101, odds are that 89 will be a particular event and 12 will be another event.

89 to 12 probability
There is a 88.12 percent probability of a particular outcome and 11.88 percent probability of another outcome.

89 to 12 odds payout
If you bet 1 on a game with 89 to 12 odds and you win, your total payout will be 8.42 which is your bet plus 7.42 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 89 to 12, the fraction for the Odds is 89/12, but the fraction to calculate the probability is 89/101.

Formulas and calculations used for 89 to 12 odds where A=89 and B=12

Odds
A / B =
89 / 12 =
89/12

Probability
A / (A + B) =
89 / (89 + 12) =
89/101 = 88.12%

Payout
((Bet*A)/B)) + Bet =
((1*89)/12)) + 1 =
8.42

Odds Calculator
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