odds

Odds represent the likelihood or probability of an event occurring expressed as a ratio. For example, if the odds of an event happening are 3 to 1, it means that for every three times the event is expected to happen, it is expected not to happen once. In general knowledge contexts, odds can help evaluate chances in various situations, like quizzes or competitions, indicating how likely a specific answer or outcome is compared to others. Understanding odds enables better decision-making based on potential outcomes and their likelihood.