Odds vs Bet - What's the difference?
odds | bet |
The ratio of the probabilities of an event happening to that of it not happening.
The ratio of winnings to stake in betting situations.
(l)
A wager, an agreement between two parties that a stake (usually money) will be paid by the loser to the winner (the winner being the one who correctly forecast the outcome of an event).
A degree of certainty.
To stake or pledge upon the outcome of an event; to wager.
* Shakespeare
* O. W. Holmes
To be sure of something; to be able to count on something.
(poker) To place money into the pot in order to require others do the same, usually only used for the first person to place money in the pot on each round.
As a noun odds
is the ratio of the probabilities of an event happening to that of it not happening.As a proper noun bet is
a diminutive of elizabeth.odds
English
(wikipedia odds)Noun
(en-plural noun)- I'd say the odds are strongly in favor of the sun rising tomorrow morning.
Usage notes
* The word "odds" was formerly sometimes used with a singular verb, e.g. (Stephen S. Foster) "If there be any difference in the two crimes, the odds is in favor of the foreign enslaver."Derived terms
* at all odds / by all odds / against all odds * at odds * implied odds * lay odds * long odds / short odds * odds and ends * odds on / odds against * odds-on * pot odds * take oddsSee also
* even money * evensAnagrams
* ---- ==Norwegian Bokmål==Noun
References
* ----bet
English
Etymology 1
From 16th century criminal slang, likely from abet or (etyl) .Noun
(en noun)- Dylan owes Fletcher $30 from an unsuccessful bet.
- It’s a safe bet that it will rain tomorrow.
- It’s an even bet that Jim will come top of the maths test tomorrow
Verb
- John a Gaunt loved him well, and betted much money on his head.
- I'll bet you two to one I'll make him do it.
- You bet !