plural noun 1. a bet in which the potential winnings are the same amount as the original stake. ⇒ The bookmakers are offering even odds., ⇒ British bookmakers are offering even odds that the side will not score a single goal., ⇒ I'll give you even odds that … , ⇒ I'll give you even odds that they'll resolve this quickly., ⇒ I'd give you even odds that that was your problem. 2. a fifty-fifty chance that a particular thing will happen ⇒ people who think it's even odds that temperatures will be lower than they are now in 20 years, ⇒ It's better than even odds that she'll come back., ⇒ Experts estimated that an earthquake had even odds of striking by 1988 and a 95 per cent chance of striking by 1993.
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