I was watching a motivational video by Elon Musk on Youtube(here). He using "odds" frequently in the speech. For instance this :
"When something is important enough, you do it even if the odds are
not in your favor."
Please tell me what does "odds" mean in this sentence.
Best Answer
When used in this way, the
is another way of describing the probability of success. Instead of a coin flip being 50% heads / 50% tails, the odds are 1:1.
It is a way of quoting probabilities mainly used by people who gamble.
Musk is using it to say the one still does something eventhough the probability of success is not in one's favor.