## What Is The Meaning Of Odds Translations & Examples

the ratio between the amounts staked by the parties to a bet, based on the expected probability either way. pssectionframeries.be › worterbuch › englisch › odds. odds Bedeutung, Definition odds: 1. the probability (= how likely it is) that a particular thing will or will not happen: 2. in. Many translated example sentences containing "odds" – German-English dictionary and search engine for German translations. German Translation of “odds” | The official Collins English-German Dictionary online. Over German translations of English words and phrases.

Englisch-Deutsch-Übersetzungen für What are the odds im Online-Wörterbuch pssectionframeries.be (Deutschwörterbuch). the ratio between the amounts staked by the parties to a bet, based on the expected probability either way. Lernen Sie die Übersetzung für 'odd' in LEOs Englisch ⇔ Deutsch Wörterbuch. I don't really get the meaning of the word 'odd' in this context: If she quits.In a case like this, the odds are against the defendant. They paid way over the odds for their new offices. Examples of odds. In this case, a large negative log odds score may be used at such a position in a scoring matrix.

From the Cambridge English Corpus. The unbeliever, of course, will not accept this norm; and that is where the two are at odds.

These examples are from the Cambridge English Corpus and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.

Surprisingly, these voices and personas have been at odds more than they have been synchronous. The revised understanding can be, and often is, at odds with the convert's prior patterns of judgement.

The only way in which this could happen is by chance in a small population: outsiders do come in at long odds. Literally all over the country labour was engaged in life and death struggles with capital, in which the odds were hopelessly lopsided.

The interests of scholarship and pedagogy are at odds here. In addition, of course, choices can result from lengthy weighing of odds.

What is perhaps of great importance is the fact that she challenged the decision of her employers and won the case against all odds.

An increasingly popular measure of effect is the difference not in proportions but in log odds between two categories. In that you'have odds enough of any man.

The area around the new estate was at odds in urbanistic and architectural terms. Abusive parents may claim beliefs and feelings at odds with their behavior.

Given an early arrest, the odds of being a chronic offender were more than 39 times greater. The first eight equations are estimated using logistic regression and the odds ratios are presented in parentheses.

See all examples of odds. Translations of odds in Chinese Traditional. Need a translator? Translator tool. Accessed 2 Sep.

Keep scrolling for more More Definitions for odds odds. Please tell us where you read or heard it including the quote, if possible. Test Your Knowledge - and learn some interesting things along the way.

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Login or Register. Save Word. Log In. This means that a chance percentage probability of an event occurring can be converted and presented in any of the aforementioned types of odds.

Therefore, the total potential return on a stake can be stated as:. For instance, one of the major sports betting websites listed the following fractional odds for futures betting on the team to win the NBA Championship.

Below is a selection of the three teams that had the lowest odds against winning. The favorites and underdogs can be spotted instantaneously by looking at the numbers.

For decimal odds, the number represents the total payout, rather than the profit. In other words, your stake is already included in the decimal number no need to add back your stake , which makes its total payout calculation easier.

The total potential return on a stake can be calculated as:. For instance, one of the renowned betting websites prices several candidates to win the U.

Presidential Election. Donald Trump: 3. The higher the total payout i. In both cases, you get your initial wager back, in addition to the amount won.

The difference between the odds for the favorite and the underdog widens as the probability of winning for the favorite increases.

In this matchup, there is a big difference between the two odds, indicating a much higher probability of Duke winning the game and advancing to the next round of the NCAA Tournament.

If you are planning to enter the betting or the gambling world, it is important to be able to understand and interpret all types of odds well.

### What Is The Meaning Of Odds - "What's the odds?" in German

Meine Wortlisten. Image credits. Bookmakers are offering punters odds of on the horse Red Devil winning the race. There are heavy odds against people succeeding in such a bad economic climate. On a quiet night, what are the odds?The sixteenth-century polymath Cardano demonstrated the efficacy of defining odds as the ratio of favourable to unfavourable outcomes.

Implied by this definition is the fact that the probability of an event is given by the ratio of favourable outcomes to the total number of possible outcomes.

In statistics, odds are an expression of relative probabilities, generally quoted as the odds in favor. The odds in favor of an event or a proposition is the ratio of the probability that the event will happen to the probability that the event will not happen.

Mathematically, this is a Bernoulli trial , as it has exactly two outcomes. In case of a finite sample space of equally likely outcomes , this is the ratio of the number of outcomes where the event occurs to the number of outcomes where the event does not occur; these can be represented as W and L for Wins and Losses or S and F for Success and Failure.

For example, the odds that a randomly chosen day of the week is a weekend are two to five , as days of the week form a sample space of seven outcomes, and the event occurs for two of the outcomes Saturday and Sunday , and not for the other five.

For example, the odds against a random day of the week being a weekend are Odds and probability can be expressed in prose via the prepositions to and in: "odds of so many to so many on or against [some event]" refers to odds — the ratio of numbers of equally likely outcomes in favor and against or vice versa ; "chances of so many [outcomes], in so many [outcomes]" refers to probability — the number of equally like outcomes in favour relative to the number for and against combined.

For example, "odds of a weekend are 2 to 5", while "chances of a weekend are 2 in 7". In casual use, the words odds and chances or chance are often used interchangeably to vaguely indicate some measure of odds or probability, though the intended meaning can be deduced by noting whether the preposition between the two numbers is to or in.

Odds can be expressed as a ratio of two numbers, in which case it is not unique — scaling both terms by the same factor does not change the proportions: odds and odds are the same even odds.

Odds can also be expressed as a number, by dividing the terms in the ratio — in this case it is unique different fractions can represent the same rational number.

Odds as a ratio, odds as a number, and probability also a number are related by simple formulas, and similarly odds in favor and odds against, and probability of success and probability of failure have simple relations.

Analogously, given odds as a ratio, the probability of success or failure can be computed by dividing, and the probability of success and probability of failure sum to unity one , as they are the only possible outcomes.

In case of a finite number of equally likely outcomes, this can be interpreted as the number of outcomes where the event occurs divided by the total number of events:.

This is a minor difference if the probability is small close to zero, or "long odds" , but is a major difference if the probability is large close to one.

These transforms have certain special geometric properties: the conversions between odds for and odds against resp. They are thus specified by three points sharply 3-transitive.

Swapping odds for and odds against swaps 0 and infinity, fixing 1, while swapping probability of success with probability of failure swaps 0 and 1, fixing.

Converting odds to probability fixes 0, sends infinity to 1, and sends 1 to. In probability theory and statistics, odds and similar ratios may be more natural or more convenient than probabilities.

In some cases the log-odds are used, which is the logit of the probability. Most simply, odds are frequently multiplied or divided, and log converts multiplication to addition and division to subtractions.

This is particularly important in the logistic model , in which the log-odds of the target variable are a linear combination of the observed variables.

Similar ratios are used elsewhere in statistics; of central importance is the likelihood ratio in likelihoodist statistics , which is used in Bayesian statistics as the Bayes factor.

Odds are particularly useful in problems of sequential decision making, as for instance in problems of how to stop online on a last specific event which is solved by the odds algorithm.

The odds are a ratio of probabilities; an odds ratio is a ratio of odds, that is, a ratio of ratios of probabilities.

Odds-ratios are often used in analysis of clinical trials. Answer: The odds in favour of a blue marble are One can equivalently say, that the odds are against.

There are 2 out of 15 chances in favour of blue, 13 out of 15 against blue. That value may be regarded as the relative probability the event will happen, expressed as a fraction if it is less than 1 , or a multiple if it is equal to or greater than one of the likelihood that the event will not happen.

In the very first example at top, saying the odds of a Sunday are "one to six" or, less commonly, "one-sixth" means the probability of picking a Sunday randomly is one-sixth the probability of not picking a Sunday.

While the mathematical probability of an event has a value in the range from zero to one, "the odds" in favor of that same event lie between zero and infinity.

It is 6 times as likely that a random day is not a Sunday. The use of odds in gambling facilitates betting on events where the relative probabilities of outcomes varied.

For example, on a coin toss or a match race between two evenly matched horses, it is reasonable for two people to wager level stakes.

However, in more variable situations, such as a multi-runner horse race or a football match between two unequally matched sides, betting "at odds" provides a perspective on the relative likelihoods of the possible outcomes.

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.

Different traditions have grown up in how to express odds to customers, older eras came with betting odds between people, today which is illegal in most countries, it was referred as "odding", an underground slang word with origins based in the Bronx.

Favoured by bookmakers in the United Kingdom and Ireland , and also common in horse racing , fractional odds quote the net total that will be paid out to the bettor, should he or she win, relative to the stake.

However, not all fractional odds are traditionally read using the lowest common denominator. Fractional odds are also known as British odds, UK odds, [10] or, in that country, traditional odds.

Odds with a denominator of 1 are often presented in listings as the numerator only. A variation of fractional odds is known as Hong Kong odds.

Fractional and Hong Kong odds are actually exchangeable. The only difference is that the UK odds are presented as a fractional notation e.

Both exhibit the net return. The European odds also represent the potential winnings net returns , but in addition they factor in the stake e. Favoured in continental Europe , Australia , New Zealand , Canada , and Singapore , decimal odds quote the ratio of the payout amount, including the original stake, to the stake itself.

Therefore, the decimal odds of an outcome are equivalent to the decimal value of the fractional odds plus one.

This is considered to be ideal for parlay betting, because the odds to be paid out are simply the product of the odds for each outcome wagered on.

When looking at decimal odds in betting terms, the underdog has the higher of the two decimals, while the favorite has the lower of the two.

Decimal odds are favoured by betting exchanges because they are the easiest to work with for trading, as they reflect the inverse of the probability of an outcome.

Decimal odds are also known as European odds , digital odds or continental odds. Moneyline odds are favoured by American bookmakers. The figure quoted is either positive or negative.

Moneyline odds are often referred to as American odds. A "moneyline" wager refers to odds on the straight-up outcome of a game with no consideration to a point spread.

Plural noun. My word lists. Tell us about this example sentence:. The word in the example sentence does not match the entry word. The sentence contains offensive content.

Cancel Submit. Your feedback will be reviewed. If you drive a car all your life , the odds are that you'll have an accident at some point. There are heavy odds against people succeeding in such a bad economic climate.

The overall odds of winning a lottery prize are 1 in The odds that the US entrant will win the race are ten to one. Bookmakers are offering punters odds of on the horse Red Devil winning the race.

What are the odds on him winning the title for the third year running? The bookmakers aren't offering very good odds on a draw.

The odds have shortened from to The odds against you winning such a competition are enormous. You can also find related words, phrases, and synonyms in the topics: Possible and probable.

Want to learn more? She and her boss are at odds over the issue of training. On this issue , Britain is at odds with the rest of the EU. These findings are at odds with our research.

Management's and shareholders ' interests seem to be at odds. Against all odds, she won the case. In a case like this, the odds are against the defendant.

They paid way over the odds for their new offices. Examples of odds. In this case, a large negative log odds score may be used at such a position in a scoring matrix.

From the Cambridge English Corpus. The unbeliever, of course, will not accept this norm; and that is where the two are at odds.

These examples are from the Cambridge English Corpus and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.

Surprisingly, these voices and personas have been at odds more than they have been synchronous. The revised understanding can be, and often is, at odds with the convert's prior patterns of judgement.

The only way in which this could happen is by chance in a small population: outsiders do come in at long odds. Literally all over the country labour was engaged in life and death struggles with capital, in which the odds were hopelessly lopsided.

The interests of scholarship and pedagogy are at odds here. In addition, of course, choices can result from lengthy weighing of odds.

What is perhaps of great importance is the fact that she challenged the decision of her employers and won the case against all odds.

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