VS.

# Odds vs. Probability

Published: Oddsnoun

The ratio of the probabilities of an event happening to that of it not happening.

‘I'd say the odds are strongly in favor of the sun rising tomorrow morning.’;

Probabilitynoun

The state of being probable; likelihood.

Oddsnoun

The ratio of winnings to stake in betting situations.

Probabilitynoun

An event that is likely to occur.

Oddsnoun

plural of odd

Probabilitynoun

The relative likelihood of an event happening.

Odds

Difference in favor of one and against another; excess of one of two things or numbers over the other; inequality; advantage; superiority; hence, excess of chances; probability. The odds are often expressed by a ratio; as, the odds are three to one that he will win, i. e. he will win three times out of four

‘The oddsIs that we scarce are men and you are gods.’; ‘There appeared, at least, four to one odds against them.’; ‘All the odds between them has been the different scope . . . given to their understandings to range in.’; ‘Judging is balancing an account and determining on which side the odds lie.’;

Probabilitynoun

(mathematics) A number, between 0 and 1, expressing the precise likelihood of an event happening.

‘The probability of an event A occurring is denoted P(A).’;

Odds

Quarrel; dispute; debate; strife; - chiefly in the phrase at odds.

‘Set them into confounding odds.’; ‘I can not speakAny beginning to this peevish odds.’;

Probabilitynoun

The quality or state of being probable; appearance of reality or truth; reasonable ground of presumption; likelihood.

‘Probability is the appearance of the agreement or disagreement of two ideas, by the intervention of proofs whose connection is not constant, but appears for the most part to be so.’;

Oddsnoun

the probability of a specified outcome

Probabilitynoun

That which is or appears probable; anything that has the appearance of reality or truth.

‘The whole life of man is a perpetual comparison of evidence and balancing of probabilities.’; ‘We do not call for evidence till antecedent probabilities fail.’;

Oddsnoun

the ratio by which one better's wager is greater than that of another;

‘he offered odds of two to one’;

Probabilitynoun

Likelihood of the occurrence of any event in the doctrine of chances, or the ratio of the number of favorable chances to the whole number of chances, favorable and unfavorable. See 1st Chance, n., 5.

Odds

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.

Probabilitynoun

a measure of how likely it is that some event will occur;

‘what is the probability of rain?’; ‘we have a good chance of winning’;

Probabilitynoun

the quality of being probable

Probabilitynoun

the quality or state of being probable; the extent to which something is likely to happen or be the case

‘the rain will make the probability of a postponement even greater’;

Probabilitynoun

a probable or the most probable event

‘for a time revolution was a strong probability’;

Probabilitynoun

the extent to which an event is likely to occur, measured by the ratio of the favourable cases to the whole number of cases possible

‘a probability of 0.5’; ‘the area under the curve represents probability’;

Probability

Probability is the branch of mathematics concerning numerical descriptions of how likely an event is to occur, or how likely it is that a proposition is true. The probability of an event is a number between 0 and 1, where, roughly speaking, 0 indicates impossibility of the event and 1 indicates certainty.

## Probability Illustrations  