Odds are a numerical expression, usually expressed as a pair of numbers, used in both gambling and statistics. In statistics, the odds for or odds of some event reflect the likelihood that the event will take place. Odds against reflect the likelihood that a particular event will not take place. In gambling, the odds are the ratio of payoff to stake, and do not necessarily reflect exactly the probabilities. Odds are expressed in several ways (see below), and sometimes the term is used incorrectly to mean simply the probability of an event. Conventionally, gambling odds are expressed in the form "X to Y", where X and Y are numbers, and it is implied that the odds are odds against the event on which the gambler is considering wagering. In both gambling and statistics, the 'odds' are a numerical expression of the likelihood of some possible event.
In gambling, odds represent the ratio between the amounts staked by parties to a wager or bet. Thus, odds of 6 to 1 mean the first party (normally a bookmaker) stakes six times the amount staked by the second party.
A handicap (or "odds") in chess is a way to enable a weaker player to have a chance of winning against a stronger one. There are a variety of such handicaps, such as material odds (the stronger player surrenders a certain piece or pieces), extra moves (the weaker player has an agreed number of moves at the beginning of the game), extra time on the chess clock, and special conditions (such as requiring the odds-giver to deliver checkmate with a specified piece or pawn). Various permutations of these, such as "pawn and two moves", are also possible.
Handicaps were quite popular in the 18th and 19th centuries, when chess was often played for money stakes, in order to induce weaker players to play for wagers. Today, except for time odds, handicaps are rarely seen. Rybka, however, a top-rated computer chess engine, played a successful series of handicap matches in 2007 and 2008 against human chess masters.
Some new chess websites offer handicap options to their users. This is an increasingly popular and entertaining game format because it helps bridge the large chess-strength disparity frequently found in online play.
Odds are a Canadian alternative rock band. The band's power pop style has been frequently compared to that of contemporaries such as Squeeze, Elvis Costello, Tom Petty, The Clash, XTC, The Tubes, and other bands they have influenced, such as Sloan, Weezer, and Franz Ferdinand.
The band was formed in 1987 in Vancouver, British Columbia, consisting of vocalist-guitarists Craig Northey and Steven Drake (both of whom had led different bands appearing on a Vancouver music compilation album, Spotlight '86), bassist Doug Elliott and drummer Paul Brennan. The band members claim the name came when Brennan asked Drake, in a town somewhere on the BC coast, "What are the odds of us ever escaping bullshit gigs like this?"
In the late 1980s, the band played up to four nights a week as a 1960s and 1970s cover band called Dawn Patrol at the Roxy nightclub in Vancouver, while playing as Odds on weekends and funding their own demo recordings at Crosstown Studios in North Vancouver, hoping for a break. They traveled to Los Angeles doing showcases and eventually signed to Zoo Entertainment.
You're so far out
that you've gone right in
and you're so turned in
that you've turned right off
Let's not forget about the reason
Let's not forget about the slow dance
'Cause I wanna know your sweetness & love
Taste the flow of your sweetness & love
Get down on the floor with your sweetness & love
If the sun falls out of your sky
can you find your way home?
If you look at everything that meets your eye
you will never be alone
Let's not forget about the seasons
Let's not forget about the slow dance
'Cause I wanna know your sweetness & love
Taste the flow of your sweetness & love
Get down on the floor with your
sweetness & love
Sweetness & love, sweetness & love
are staring at me and sharing it I'm impaled
Sweetness & love
Now I'm ready to have your sweetness & love
Sweetness & love, sweetness & love