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Odds (3)
ODDS (3)

Definitions:

i. (in betting) The connection between two numbers that shows how much money somebody will receive if they win a bet.

ii. (in betting) Expressions with numbers such as '10 to 1' and '7 to 2' that show how likely something is thought to be, for example how likely a particular horse is to lose or win a race.
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* All five elements would be in.


1. Purposeful and necessary to have connection (= expectation).

2. 'Link', whatever, is measurable and/or assessable (= calculable).

3. Will be considered adequate (= 'full and complete'), by who makes payment, needing no 'adjustments' after making a wager.

4. Sensible and clear; unambiguous (= unquestionable). That is, gain or loss will be definite, whatever the outcome.

5. Not possible to be interfered with (= fair and true). That is, there will be no underhand deal or dealings concerning determinants of outcome.
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HOPEFUL (likelihood) ... OR

UNFAVOURABLE (unlikeliness).

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