odds

Definitions


[ɒdz], (Noun)

Definitions:
- the ratio between the amounts staked by the parties to a bet, based on the expected probability either way
(e.g: Nicer is starting at odds of 8-1)


Phrases:
- at odds
- by all odds
- it makes no odds
- lay odds
- over the odds
- take odds
- what's the odds?

Origin:
early 16th century: apparently the plural of the obsolete noun odd ‘odd number or odd person’




definition by Oxford Dictionaries