Odds-against

The phrase 'odds-against' describes a situation where the probability of a particular event occurring is low, implying that success is unlikely. It signifies that the conditions or factors involved favor failure or an outcome other than the one desired. It often suggests a challenge or uphill battle against substantial opposition, unfavorable circumstances, or significant disadvantages. The term is frequently used in contexts involving risk, competition, and speculation, particularly in gambling, business ventures, and sports, where the potential for loss outweighs the prospect of gain. It underscores a scenario where the expected value is negative, and one is essentially taking a gamble against the general expected outcome.

Odds-against meaning with examples

• Despite intensive training and a strong spirit, the underdog team faced odds-against winning the championship due to their less experienced roster and the opponent's dominating history. The odds predicted a clear victory for their rivals, making their chances feel incredibly slim against a seasoned competitor.
• Investing in the start-up company appeared odds-against, given the crowded market and the lack of prior investment. The team's innovative concept alone might not be enough to attract venture capital, as the statistics suggested a high likelihood of failure in the current financial climate.
• Facing a tough illness after many decades of smoking felt odds-against a full recovery, but she remained incredibly determined. The medical team was honest, and the probability of complete remission felt very low; it required relentless fighting for every single step.
• In the face of overwhelming financial constraints, the entrepreneur decided to pursue her dream. Going it alone felt odds-against because she did not have external support, meaning that the business might fail despite her considerable commitment.
• His choice to bet all of his funds on a long shot in the horse race was an act of pure speculation. With a lack of research, the odds-against of his pick winning were considerable because the animal had a bad track record.