WebPeople are using the wrong word. You should not say "A high possibility"; when people do say it, you should understand it to mean the same as "A high probability" For example: mufc sources say there is a high possibility the club do not sign anyone in January. This clearly means "A high probability", and this is simply a mistake. WebImplied by this definition is the fact that the probability of an event is given by the ratio of favourable outcomes to the total number of possible outcomes. Statistical usage ... art of bookmaking is in setting the odds low enough so as to have a positive expected value of profit while keeping the odds high enough to attract customers, and at ...
How to Read Odds: 13 Steps (with Pictures) - wikiHow
WebNov 2, 2024 · When we talk about the odds of this or that happening in English, odds is used with the meaning of chances. High odds = high probability, and low odds = low probability/little chance. That's what it means. In gambling it is not the same thing. The examples in post #5 appear to be statements made by ordinary people, not bookmakers … WebApr 4, 2024 · What you’ll find, though, is that our calibration has generally been very, very good. For instance, out of the 5,589 events (between sports and politics combined) that we said had a 70 chance of ... lypub108.top
Odds - Definition, Meaning & Synonyms Vocabulary.com
WebBTC Dom. Further to our recent discussion about the Dom. it is getting rejected at the resistance. Now making a lower high and putting more odds on a correction (test of support) this is good for ALTS to hold the support or to bounce - Meaning money is moving out of BTC to ALTS, lets see which assets are the market going for. WebJun 23, 2024 · The two phrases that are being confused are 'against the highest odds' and 'with something valuable at stake'. We say 'against the highest odds' when the odds of failure are very high. There is a good chance that the endeavor will not succeed. Against the highest odds they beat the world champions. WebAnswer (1 of 7): In betting parlance to 'even the odds' is to make the odds closer to 'evens' - specifically to make unlikely events more likely. If the odds were ten to one against, if you make them five to one against you are 'evening the odds'. By extension 'evening the odds' is making an unli... lyqf8