Odds

Odds

The odds in favor of an event or a proposition are the ratio of the probability that an event will happen to the probability that it will not happen. For example, the odds that a randomly chosen day of the week is a Sunday are one to six, which is sometimes written 1:6.

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Famous quotes containing the word odds:

    “It makes no odds where a man goes or stays, if he is only about his business.”
    —Henry David Thoreau (1817–1862)

    “The new always happens against the overwhelming odds of statistical laws and their probability, which for all practical, everyday purposes amounts to certainty; the new therefore always appears in the guise of a miracle.”
    —Hannah Arendt (1906–1975)