odds

US /ɑːdz/
UK /ɑːdz/
"odds" picture
1.

the likelihood of something happening or being the case

:
The odds are good that she will win the election.
Despite the long odds, they managed to succeed.
2.

the ratio of the amount of a bet to the amount that would be received if the bet wins

:
The bookmaker offered 3 to 1 odds on the horse.
He placed a bet at long odds, hoping for a big payout.