## ODDS

### Odds

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. For example, the odds that a randomly chosen day of the week is a Sunday are one to six, which is sometimes written 1 : 6.; see section 1.5 of Gelman et al. .

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### odds

#### Noun

- The ratio of the probabilities of an event happening to that of it not happening.
*I'd say the***odds**are strongly in favor of the sun rising tomorrow morning.

- The ratio of winnings to stake in betting situations.

*The above text is a snippet from Wiktionary: odds*

and as such is available under the Creative Commons Attribution/Share-Alike License.

and as such is available under the Creative Commons Attribution/Share-Alike License.