In betting, a ratio that expresses the probable outcome of an event For example, the odds on a particular team may be two to one to win a specific game This means that the bettor must risk one dollar for a chance to win two
If something happens against all odds, it happens or succeeds although it seemed impossible or very unlikely. Some women do manage to achieve business success against all odds
the ratio by which one better's wager is greater than that of another; "he offered odds of two to one"
= The probable frequency of incidence of a given occurrence in a statistical sample It is expressed as a ratio to the probable number of nonoccurrences or as a decimal fraction of the total occurrences For example, a probability of 25 equals odds of three to one against A probability of 75 equals odds of three to one for See also Probability, Law of Large Numbers, and Degree of Risk
If you say that the odds are in someone's favour, you mean that they are likely to succeed in what they are doing. His troops will only engage in a ground battle when all the odds are in their favour
Odds are a way of expressing a probability as the ratio of the number of things that you are not looking for to the number of things that you are looking for So the odds against flipping a coin and it coming up heads are 1: 1 = 1(even odds), because there are 2 sides of the coin and you are looking for only one of them Now here is a problem for you: What are the odds of selecting a club out of a deck of cards?
the ratio of the probabilities of an event happening to that of it not happening
for a dichotomous variable they are equal to the probability of membership in the target group divided by the probability of membership in the other group
If someone is at odds with someone else, or if two people are at odds, they are disagreeing or quarrelling with each other. He was at odds with his Prime Minister An adviser said there was no reason why the two countries should remain at odds
A ratio of two probabilities, usually the probability of making a hand to the probability of not making the hand Thus if you have a 25% chance of making a hand, the odds are 3 to 1 against your making it In poker, this is especially important in considering pot odds
a proportion in which the numerator contains the number of times an event occurs and the denominator includes the number of times the event does not occur
If you say that the odds are against something or someone, you mean that they are unlikely to succeed. He reckoned the odds are against the scheme going ahead
Difference in favor of one and against another; excess of one of two things or numbers over the other; inequality; advantage; superiority; hence, excess of chances; probability
are a ratio of events to non-events If the event rate for a disease is 0 1 (10 per cent), its nonevent rate is 0 9 and therefore its odds are 1: 9, or 0 111 Note that this is not the same expression as the inverse of event rate
The ratio of the probability (p) that an event occurs to the probability (1-p) that it does not Odds = p/(1-p) In a contingency table it is the ratio of the number of successes to the number of failures (As distinguished from a probability, which is the ratio of the number of success to the total number of events )