Definition of lay or give odds in English:

lay (or give) odds

1Offer a bet with odds favourable to the other better: bookies have refused to give odds on the outcome of today’s debate
More example sentences
  • There has been an average of four Irish-trained winners over the last ten years and bookmaker Paddy Power is giving odds of 7-2 on this happening again.
  • Paddy Power Bookmakers is presently laying odds of 25/1 against Vintage Tipple winning the Arc.
  • Since he was now a chess god, he could only find games for money if he gave odds.
1.1Be very sure about something: I’d lay odds that the person responsible is an insider
More example sentences
  • I would lay odds that it will begin in the next 48 hours.
  • One phrase we'll lay odds on you will hear tonight is flip-flop.
  • And I'll lay odds that it has something to do with the grand opening of the fishery on Saturday.
See parent entry: odds

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Word of the day oleaginous
Pronunciation: ˌəʊlɪˈadʒɪnəs
adjective
rich in, covered with, or producing oil; oily