what does 'odds' exactly mean in the question? - EAS

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  1. Chances of winning
    Favorite Answer The Odds are your chances of winning. For example, if you bet a flipped quarter would land on ‘heads,’ the odds are 50/50 (50% chance it will land on ‘heads’ and you win, and 50% chance it will land on ‘tails’ and you lose).

    what does ‘the odds’ mean in the following context?

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    How do you define 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.

    Odds - Wikipedia

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    What are the odds that an event will happen?
    The odds that an event will happen is the ratio between the probability that an event will occur, and the probability that it won’t. So the odds in favor of flipping heads on a fair coin is 1 to 1, How are odds related to probability?

    What does 'odds' exactly mean in the question: 'what are the ... - Quora

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    What does 5 to 1 odds mean in sports betting?
    In simplest terms, 5 to 1 odds means if you bet a dollar (the "1" in the expression), and you win you get paid five dollars (the "5" in the expression), or 5 times 1. If you bet two dollars you would be paid ten dollars, or 5 times 2. If you bet three dollars and win, you would be paid fifteen dollars, or 5 times 3.

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    What does 6 to 1 odds mean?
    Thus, odds of 6 to 1 mean the first party (normally a bookmaker) stakes six times the amount staked by the second party. In simplest terms, 6 to 1 odds means if you bet a dollar (the "1" in the expression), and you win you get paid six dollars (the "6" in the expression), or 6 x 1.

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    What does "odds" exactly mean in the question: "what are the odds"?
    ✓ That phrase is also often used rhetorically with the assumption that the odds of something happening is so low as to be non-existent. An example: Imagi…
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  4. Odds - Wikipedia

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    Odds provide a measure of the likelihood of a particular outcome. They are calculated as the ratio of the number of events that produce that outcome to the number that do not. Odds are commonly used in gambling and statistics.
    Odds also have a simple relation with probability: the odds of an outcome are the ratio of the probability that the outcome occurs to the probability that the outcome does not occur. In mathe…

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    • What Are the Odds - Meaning & Example Sentences

      https://grammarhow.com/what-are-the-odds-meaning

      WebWhat Are the Odds – Origin. “What are the odds” is a phrase that refers to the chances of something happening. “Odds” is a synonym for “chances”, so the phrase “what are the …

    • Betting Odds Explained | How do Betting Odds Work - Lines

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      WebNov 11, 2022 · If the odds have a plus, that means you'll win that amount of money if you win the wager. For example, let's say the odds are -150. This means you'll have to wager …

      • what does ‘the odds’ mean in the following context?

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        WebThe Odds are your chances of winning. For example, if you bet a flipped quarter would land on ‘heads,’ the odds are 50/50 (50% chance it will land on ‘heads’ and you win, and 50% …

      • Question: What do odds +200 mean? - PBSF Baseball

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        WebWhen a money line is a positive number then the odds are the amount you would win if you were to bet $100 and were correct. For example, a money line of +200 would mean that …

      • What do odds of winning mean? - Quora

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        WebOdds are a different way of expressing the probability of an event. If the odds are a to b that your team will win, then the probability that your team wins is (a/ (a+b)). The closer the …

      • Betting Odds Explained - Full Beginners Guide

        https://www.thefreebetguide.com/betting-guide/betting-odds-explained

        WebWorking out an implied probability percentage from fractional odds is simple. You just divide the stake by the combined sum of the two numbers which make up the fractional odds. In …

      • Question : We examine odds (not odd) ratios. What does …

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        WebWhat does an odds ratio of exactly one mean? Question: We examine odds (not odd) ratios. What does an odds ratio of exactly one mean? This problem has been solved! You'll get a …

      • What exactly does 'sevenfold-increased odds of baldness' …

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        WebMar 25, 2016 · Odds are related to probability by: $odds = probability/(1-probability)$. $probability = odds/(1+odds)$. So for your example, a 50% likelihood of baldness would …

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