Definition of lay odds in English:

lay odds

(also give odds)

phrase

  • 1Offer a bet with odds favorable to the other better.

    ‘bookies have refused to give odds on the outcome of today's debate’
    • ‘There has been an average of four Irish-trained winners over the last ten years and bookmaker Paddy Power is giving odds of 7-2 on this happening again.’
    • ‘Paddy Power Bookmakers is presently laying odds of 25/1 against Vintage Tipple winning the Arc.’
    • ‘Since he was now a chess god, he could only find games for money if he gave odds.’
    • ‘And bookmaker William Hill is willing to give odds close to that to anybody wanting to bet on disaster.’
    • ‘If I were laying odds on the division title, it'd be 70 percent, 20 percent, 10 percent.’
    • ‘I'll lay odds you aren't Daljon - and I rarely lose a bet.’
    • ‘Anybody want to lay odds that this is going to get sticky?’
    • ‘It's more like a bookie giving odds on how likely he is to win the match.’
    • ‘How he gave odds to different scenarios was arbitrary, Woker told me.’
    • ‘Lygo is himself being tipped for the job, with Ladbrokes giving odds of 3-1.’
    bet, wager, gamble, stake, hazard, risk, chance, venture
    1. 1.1Be very sure about something.
      ‘I'd lay odds that the person responsible is an insider’
      • ‘I would lay odds that it will begin in the next 48 hours.’
      • ‘One phrase we'll lay odds on you will hear tonight is flip-flop.’
      • ‘And I'll lay odds that it has something to do with the grand opening of the fishery on Saturday.’
      • ‘I'd lay odds, though, that the thief won't be found, although the computer might turn up at some point.’
      • ‘I'd lay odds it has something to do with a certain young vixen.’
      • ‘But they're the wrong face to put on this group, let alone lead it, and I'll lay odds it keeps people away.’
      • ‘I'll lay odds you will see it more often over the next year than you imagine.’