odds

  1. Noun.  The ratio of the probabilities of an event happening to that of it not happening.
  2. Noun.  The ratio of winnings to stake in betting situations.

This is an unmodified, but possibly outdated, definition from Wiktionary and used here under the Creative Commons license. Wiktionary is a great resource. If you like it too, please donate to Wikimedia.

This entry was last updated on RefTopia from its source on 3/20/2012.