Definition of take odds in English:

take odds

phrase

  • Offer a bet with odds unfavourable to the other better.

    ‘you might be tempted to take odds on a dead heat’
    • ‘It's therefore worth investigating, in practical terms, how much difference taking odds really makes.’
    • ‘The punter took odds of 20-1 on Irish horse Davids Lad for next month's race at Aintree.’
    • ‘There are bookmakers already taking odds that Mr. Lewis, like Muhammad Ali in 1979, will soon retire from this retirement and be back in the ring.’
    • ‘The Council say it will take a year but I wouldn't take odds on this, bearing in mind, for instance, Eastbrook Hall or Rawson Market.’
    • ‘This being British, male and British-made, most members would be happy taking odds on the fastest of two snowflakes.’
    • ‘One simply lays or takes odds on the team he expects to win the game.’