the.com/odds

the universe keeping score in a language most people never bother to learn

means The likelihood or ratio of something happening versus not, especially as a measure of chance or risk.

from From the Old Norse oddi, meaning a point of land, an angle, or a triangle — and, by extension, an odd number, the one left over when you pair things off. That odd-one-out sense traveled into English, where it came to mean inequality and difference. By the 16th century 'odds' had drifted toward the gap between two things — the advantage or disadvantage one side holds — and from there into the gambler's mouth, where the distance between what's likely and what's not became a number you could bet on.

house edge
casinos profit from tiny percentages multiplied by millions
lottery math
you're likelier to be struck by lightning
survivorship bias
we count winners, forget the silent losers
gambler's fallacy
coins have no memory of past flips
for instance

vegas golden knights 2024 — opened at +1400 odds to win stanley cup, reflecting 7% implied probability

us election 2024 trump — traded at -110 odds (even money) on major sportsbooks before november

powerball jackpot — 1 in 292,201,338 odds of matching all six numbers

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