What does "to give odds" mean? Can you use it in a sentence?
and "to take odds"

Question

What does  "to give odds"  mean?  Can you use it in a sentence?
and  "to take odds"

Answer

To give odds means to estimate the chances of something, usually in connection with some sort of wager, but sometimes just to inform.

I'll give odd of 4 to 1 on that horse. = I estimate that there is a 20 percent chance that the horse will win.  (20% = 1 in five chances).  Odds are given as a ratio.  Odds of 4 to 1 mean that in 5 chances total, the horse will win once, versus 4 times that the horse will not win,.

Take odds = accept a bet where the odds are specified.
"I'm betting 4 to 1 against the horse."
"I'll take those odds."  = I'll accept a bet at those odds.  If this person wins, he will win 4 dollars for every dollar he bet.

Verpassen Sie nicht die Gelegenheit, bequem von zu Hause aus eine Sprache zu lernen. Stöbern Sie in unserer Auswahl an erfahrenen Sprachlehrern und melden Sie sich jetzt zu Ihrer ersten Unterrichtsstunde an!