odds

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Definitions from WordNet

Noun odds has 2 senses

likelihood, likeliness, odds - the probability of a specified outcome
--₁ is a kind of probability
odds, betting odds - the ratio by which one better's wager is greater than that of another; "he offered odds of two to one"
--₂ is a kind of ratio

Definitions from the Web

Term: Odds

Definition:

Noun: The ratio between the probability of an event occurring and the probability of its non-occurrence.
Plural Noun: The likelihood of something happening; probability.
Adjective: Unlikely to succeed or happen; not providing a favorable chance.
Adjective: Additional, extra, or spare.

Examples:

Noun - Sense 1: The odds of winning the lottery are very low.
Noun - Sense 2: He took a risk despite the odds being against him.
Adjective - Sense 1: It is an odds decision to invest all your money in a highly volatile market.
Adjective - Sense 2: Can you bring me an odds chair for the guests?

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Books about Probability
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