*Meaning of odds*and Losses or S and F for Success and Failure. Free Tools For surfers: One of the mysteries of the English language finally explained. Test Your Knowledge - and learn some interesting things along the way. In the modern era, most fixed odds betting takes place between a betting organisation, such as a bookmaker , and an individual, rather than between individuals. Odds of 6 to 1, for example, are therefore sometimes said to be "6 to 1 against ". In both gambling and statistics, the 'odds' are a numerical expression of the likelihood of some possible event.

### Meaning of odds

A ratio of the number of ways something can occur to the number of ways it cannot occur. The odds of a month being August are 1: 11 (August vs all other. Odds are a numerical expression, usually expressed as a pair of numbers, used in both In simplest terms, 6 to 1 odds means if you bet a dollar (the "1" in the. Odds definition, the probability that something is so, will occur, or is more likely to occur than something else: The odds are that it will rain today. See more.
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