Calculates the win p for fractional odds.
Formula: sccs / (sccs + fail)
fail: The number of non-successful occurrences.
sccs: The number of successful occurrences.
For 2:1 odds, what is the win probability?
Value | Keystrokes | Display | Description |
---|---|---|---|
2 | fail | 2.0000 | Stores the fail value. |
1 | sccs | 1.0000 | Stores the sccs value. |
p | 0.3333 | Calculates p. |
Calculate the odds for a win percentage of 25%.
These keystrokes assume the values from example 1.
Value | Keystrokes | Display | Description |
---|---|---|---|
.25 | p | 0.2500 | Stores the p value. |
fail | 3.0000 | Calculates the fail value. |
So the odds are 3:1, since fail=3 and sccs = 1.
Reference:
Fixed-odds betting - Wikipedia