Definition of fixed odds in English:

fixed odds

Line breaks: fixed odds

noun

Odds in betting (especially on soccer results) that are predetermined, as opposed to a pool system or a starting price.
More example sentences
  • The principal attraction of spread betting over fixed odds gambling is the almost unlimited gains that can be made.
  • He added that prospects for the gaming industry remained good, boosted by the introduction of virtual betting machines, or fixed odds betting terminals offering games such as roulette.
  • Traditional, or fixed odds, betting turnover increased from €7.7m to €8.1m.

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day premonition
Pronunciation: ˌprɛməˈnɪʃ(ə)n
noun
a strong feeling that something will happen …