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- 8 Dec 2017
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Bookmakers odds are, by their definition, a way of equating chance, as is a percentage, so I’m not really sure what you’re getting at. Honestly, get a dictionary out, it’s right there.
Bookmakers odds, by their definition, are a statement on your monetary return per unit bet when correctly predicting the outcome of an event.
A dog is a mammal. A cat is a mammal. A dog is not a cat.
You're not sure what I'm getting at, and this is fine, there's no shame in not understanding something. I can put the maths up if it helps?
Which entry of my OED do you suggest I check?