Odds
Ratio of the probability of an event happening versus not happening
In probability theory, odds provide a measure of the probability of a particular outcome. Odds are commonly used in gambling and statistics. For example for an event that is 40% probable, one could say that the odds are "2 in 5", "2 to 3 in favor", "2 to 3 on", or "3 to 2 against".
Last modified 2025-11-18T12:52:30ZView full article