pl. n.
- the ratio between the amounts staked by the parties to a bet, based on the expected probability either way.
-
(the odds)
the chances of something happening or being the case.
-
(the odds)
the balance of advantage; superiority in strength, power, or resources:
she clung to the lead against all the odds.
Phrase
- at odds
in conflict or at variance. - it makes no odds
informal, chiefly Brit. it does not matter.
[from an earlier use of odds in the sense ‘difference in advantage or effect’.]
- lay
(or give)
odds
offer a bet with odds favourable to the other better. - over the odds
Brit. (especially of a price) above what is generally considered acceptable. - take odds
offer a bet with odds unfavourable to the other better.
Etymology
C16: appar. the pl. of the obs. noun odd ‘odd number or odd person’.