Homonym: odds (Chance)
"Odds" refer to the likelihood of a particular event happening compared to it not happening. They are often expressed as a ratio, such as 3:1, meaning that for every three times the event occurs, it is expected not to occur once. This concept is commonly used in gambling, sports, and statistics to assess risk and make predictions.
In everyday language, odds can also indicate how probable something is. For example, if the odds of rain tomorrow are 2:1, it suggests that it is more likely to rain than not. Understanding odds helps people make informed decisions in various situations, from sports betting to weather forecasting.