It depends on what do we assume to be 99%.
If that's the chance you'll mistake a move when it's your turn (or the value of Y), then your chance not to make a mistake in a 50 move game is 0,99^50=60,5%, so for two 50 move games you are likely 0,605^2=0,366=36,6% not to make a mistake in both games; 0,395^2=15,6% to make mistakes in both games; 100-36,6-15,6=47,8% to make a mistake in exactly one game. Your chance to make at least one mistake in both games is 1-0,99^100=15,6%+47,8%=63,4%.
But if 1% is not the mistake per move chance, but the average percentage of moves in your play that are not correct, it's another matter. It shows the value of X that gives one mistake on average. You make a mistake once in X=100 moves. From the formula Y^X=(chance for no mistake in X moves) => Y=(chance for no mistake in X moves)^(1/X).This would mean your chance not to mistake a move when it's your turn is Y=0,99^0,01=0,9998995.
So, if on average one of your 100 moves is wrong, then your chance to make a mistake per move is about 1:10000.
P.S. I have also made 2 other assumptions about game outcome:
- mistakeless play from A vs play with a mistake from B-> A wins;
- mistakeless play from A vs mistakeless play from B -> A and B draw.
If they are not correct, it should mean mistakes can't be connected with game outcome, and therefore avoiding them shouldn't be important.
My math is a tad simpler, but being 99% accurate, if we're going by moves, should mean that you'd be expected to blunder once over the course of two 50 move games. In a tournament, that certainly leaves an opening, especially if it's a big blunder you're making. As we can see, even if a big blunder is as rare as 1%, you still may have some problems.
Obviously this is just to get the point across -- not every move is equally easy to play well of course, depending on the position in front of you.
By the way, I wouldn't try to calculate your percentage of winning with a term as ambiguous as mistake
: they come in all shapes and sizes.