Define odds (noun) and get synonyms. What is odds (noun)? odds (noun) meaning, pronunciation and more by Macmillan Dictionary. A certain number of points given beforehand to a weaker side in a contest to equalize the chances of all participants. 2. a. The ratio of the probability of an. odds meaning, definition, what is odds: the probability (= how likely it is) that a particular thing will or will not happen. Learn more. Be at odds idiom · Make no odds idiom · English (US) · Français. These definitions are equivalent, since dividing both terms in the ratio by the number of outcomes yields the probabilities: Dowsered Aug 03, What's up with that? For example, the odds against a random day of the week being a weekend are 5: The odds or amounts the bookmaker will pay are determined by the total amount that has been bet on all of the possible events. Fractional and Hong Kong odds are actually exchangeable. An amount or degree by which one thing exceeds or falls short of another: If a bet is a fair one, then the odds offered to the gamblers will perfectly sunday is funday relative probabilities. Echo7 Senior Member Persian. WORD OF THE DAY. Test your knowledge - and maybe learn something along the way. For example, "odds of a weekend are 2 to 5", while "chances of a weekend are 2 in 7".