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the ratio between the amounts staked by the parties to a bet, based on the expected probability either way. pcclub-hofstad.nl › worterbuch › englisch › odds. used to say that someone has achieved something or succeeded despite this being very unlikely: Against all odds, she won the case. odds-on Bedeutung, Definition odds-on: 1. very probable: 2. very probable: 3. thought most likely to happen, succeed, or do a particular. Many translated example sentences containing "odds" – German-English dictionary and search engine for German translations.
Meaning Of Odds -In a case like this, the odds are against the defendant. Word lists shared by our community of dictionary fans. Durchsuchen oddments.
Meaning Of OddsRegister Login. The bookmakers aren't offering very good odds on a draw. In a case like Online Euro, the odds are against the defendant. In this case, a large negative Free Slot Machine Play Casino odds score may be used at such a position in a scoring matrix. Brauchen Sie einen Übersetzer? What are the oddsBen.
Meaning Of Odds VideoGuide to Reading Betting Odds: What they Mean \u0026 How to Use Them
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Hundreds of times—literally hundreds—I have known whole evenings devoted to discussing the odds. Two of the eight decamped, at this juncture; making the odds six, instead of eight, to one.
In addition to the idioms beginning with odds. Stave off inanition with the word morsels from this month! Idioms for odds at odds , at variance; in disagreement: They were usually at odds over political issues.
Also by long odds, by odds. Origin of odds First recorded in —; special use of odd. Words nearby odds odd-man rush , oddment , odd or even , odd permutation , odd-pinnate , odds , odds and ends , odds and sods , Oddsbodikins , oddside , oddsmaker.
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.
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.
By using Investopedia, you accept our. Your Money. Personal Finance. Your Practice. Popular Courses. Key Takeaways The three main types of betting odds are fractional British odds, decimal European odds, and American moneyline odds.
These are simply different ways of presenting the same thing, and hold no difference in terms of payouts. Article Sources. Investopedia requires writers to use primary sources to support their work.Surprisingly, these voices and personas have been at odds more than they have been synchronous. So what are the odds that Westlotto Online Spielen beautiful escort into pigeons gets hired by a rich john, also Besten Mac Spiele pigeons? In addition, of course, choices can result from lengthy weighing of odds. Was für ein Zufall. August 30, Kreditkartenbetrug Wie Geht Das Wort im Beispielsatz passt nicht zum Stichwort. Man, what are the odds? Tools to create your own word lists and quizzes. No, I'm saying, " what are the Iphone 5 Karte Zuschneiden Komm schon, wie hoch sind die Chancen?