odds
Entry from World dictionary
Pronunciation:/ɒdz/
plural noun
- the ratio between the amounts staked by the parties to a bet, based on the expected probability either way:Nicer is starting at odds of 8-1 it is possible for the race to be won at very long odds
- (usually the odds) the chances or likelihood of something happening or being the case:the odds are that he is no longer alive the odds against this ever happening are high
- (usually the odds) the balance of advantage; superiority in strength, power , or resources:she clung to the lead against all the odds the odds were overwhelmingly in favour of the banks rather than the customer

Phrases
at odds
- in conflict or at variance:his behaviour is at odds with the interests of the company
by all odds
- North American certainly
it makes no odds
- informal , chiefly British it does not matter[from an earlier use of odds in the sense ‘difference in advantage or effect’]
lay (or give) odds
- offer a bet with odds favourable to the other better
- be very sure about something:I'd lay odds that the person responsible is an insider
over the odds
- British above what is generally considered acceptable, especially for a price:you could be paying over the odds for perfume
take odds
- offer a bet with odds unfavourable to the other better
what's the odds?
- informal what does it matter?[from an earlier sense of odds; compare with it makes no odds]

Origin:
early 16th century: apparently the plural of the obsolete noun odd ‘odd number or odd person’
Meaning
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