lay odds


lay odds

1. To offer a bet with favorable odds to other bettors. Bookmakers are laying odds that the company's new smartphone outsells its competitors 2:1.2. To assert complete certainty about something. I'll lay odds that Jeremy tries to skip out on paying me back for dinner.See also: lay, odds

lay odds

Make a bet on terms favorable to the other party, as in I'll lay odds that it will rain before the week is out. [c. 1600] The closely related lay a wager means "make a bet," as in He laid a wager that Don would be late. [c. 1300] See also: lay, odds

lay (or give) odds

1 offer a bet with odds favourable to the other person betting. 2 be very sure about something. The opposite of lay odds in sense 1 is take odds which means ‘offer a bet with odds unfavourable to the other person betting’.See also: lay, odds