odds$54588$ - definitie. Wat is odds$54588$
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Wat (wie) is odds$54588$ - definitie

FORM OF GAMBLING
Fixed odds gambling; SP bookmaking; Sp bookmaking; Moneyline odds; Fixed-odds gambling; Fixed odds betting; Fixed odds; SP betting; Gambling odds; Fixed–odds betting; American odds; Vegas odds

Odds and evens (hand game)         
HAND GAME PLAYED BETWEEN TWO PEOPLE
Odds-on poke; Choosies; Bucking up; Gerade und Ungerade
Odds and evens is a simple game of chance and hand game, involving two people simultaneously revealing a number of fingers and winning or losing depending on whether they are odd or even, or alternatively involving one person picking up coins or other small objects and hiding them in their closed hand, while another player guesses whether they have an odd or even number. The game may be used to make a decision or played for fun.
odds         
RATIO OF THE PROBABILITY THAT AN EVENT WILL HAPPEN TO THE PROBABILITY THAT IT WILL NOT HAPPEN
Money line; Betting odds; Fractional odds; Decimal odds; Odds against; Wholesale odds; Wholesale Odds; Odds in favor; Shoo-in; Shoe-in; Shoe in; Shoo in; Even odds; Odds (statistics); Odds (gambling)
1.
You refer to how likely something is to happen as the odds that it will happen.
What are the odds of finding a parking space right outside the door?...
The odds are that you are going to fail.
N-PLURAL: usu the N
see also odds-on
2.
In betting, odds are expressions with numbers such as '10 to 1' and '7 to 2' that show how likely something is thought to be, for example how likely a particular horse is to lose or win a race.
Gavin Jones, who put ?25 on Eugene, at odds of 50 to 1, has won ?1,250.
N-PLURAL
3.
If someone is at odds with someone else, or if two people are at odds, they are disagreeing or quarrelling with each other.
He was at odds with his Prime Minister...
An adviser said there was no reason why the two countries should remain at odds.
PHRASE: usu v-link PHR, oft PHR with n
4.
If you say that the odds are against something or someone, you mean that they are unlikely to succeed.
He reckoned the odds are against the scheme going ahead...
PHRASE: V inflects, PHR n
5.
If something happens against all odds, it happens or succeeds although it seemed impossible or very unlikely.
Some women do manage to achieve business success against all odds...
PHRASE: PHR with cl
6.
If you say that the odds are in someone's favour, you mean that they are likely to succeed in what they are doing.
His troops will only engage in a ground battle when all the odds are in their favour.
PHRASE: V inflects
7.
To shorten the odds on something happening means to make it more likely to happen. To lengthen the odds means to make it less likely to happen. You can also say that the odds shorten or lengthen.
His reception there shortened the odds that he might be the next Tory leader.
PHRASE: V inflects
Odds         
RATIO OF THE PROBABILITY THAT AN EVENT WILL HAPPEN TO THE PROBABILITY THAT IT WILL NOT HAPPEN
Money line; Betting odds; Fractional odds; Decimal odds; Odds against; Wholesale odds; Wholesale Odds; Odds in favor; Shoo-in; Shoe-in; Shoe in; Shoo in; Even odds; Odds (statistics); Odds (gambling)
Odds provide a measure of the likelihood of a particular outcome. They are calculated as the ratio of the number of events that produce that outcome to the number that do not.

Wikipedia

Fixed-odds betting

Fixed-odds betting is a form of wagering against odds offered by a bookmaker or an individual or on a bet exchange. It involves betting on an event in which there is no fluctuation on the payout. In Australia, the practice is usually known as "SP betting".

Fixed-odds gambling involves placing bets on events with predetermined odds. Bookmakers aim to create an overround, where the sum of probabilities quoted for all possible outcomes exceeds 100%, ensuring profit. Imbalanced books can occur, leading to higher or lower payouts than expected. The advent of the internet and betting exchanges has led to opportunities for fixed-odds arbitrage actions and Dutch books.

When a bet has a positive expected value, it is said to be getting "the best of it." In contrast, "laying odds" refers to a bet in which more is risked than can be won, and rational bettors only engage in this type of bet if the chances of an adverse outcome are low enough. "Lay betting" is when a bettor bets against a specific outcome, effectively taking on the role of a bookmaker.

Odds can be expressed in various formats, including fractional, decimal, and moneyline. Fractional odds are used primarily in the United Kingdom and Ireland, while decimal odds are favored in Continental Europe, Australia, New Zealand, and Canada. Moneyline odds are used in the United States. Converting between these formats requires specific calculations depending on the type of odds used.