The language of odds, such as the use of phrases like "ten to one" for intuitively estimated risks, is found in the … See more

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 t… See more

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 tw… See more

In gambling, the odds on display do not represent the true chances (as imagined by the bookmaker) that the event will or will not occur, but are the amount that the bookmaker will pay out on a winning bet, together wit… See more

• Odds ratio
• Odds algorithm
• Galton board
• Gambling mathematics
• Formal mathematical specification of logistic regression… See more