1 definition by Maxime Lavigne

Top Definition
odd
The Odds are a method used to describe the probability of an event occuring. They expresses the chances of a succes. Used werever you have to describe an event that is random. Usually , the odds are only used in a random event wich can have only two possible result, considered succes and failure. When counting the odds, you must first find how many possible result will give you a succes versus how many give you a failure.

Exeption - In poker Texas hold'em an event with a 1:1 odd, wich is a 50%-50% will outcome against you 9 times out of 10. This beeing an experimental observation.

When rolling a dice, you have an 1:5 odd of getting a specific face up.
When taking a card randomly from a 52 cards deck, you have a 1:51 odd of getting a specific card

Exeption: When getting all-in in texas Hold'em with two overcards suited against a low pocket, you are in a 1:1 situation. And the outcome of this situation, is ALWAYS you loosing, independently of you having one or the other hand.
by Maxime Lavigne January 17, 2008

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