Definition of fixed odds in English:

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fixed odds

plural noun

Odds in betting (especially on soccer results) that are predetermined, as opposed to a pool system or a starting price.
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.
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