What does it mean when the odds are "odds on"?

For example, entropy is the minimum descriptive complexity of a random variable, and mutual information is the communication rate in the presence of noise. Mar 4, 2025 ... Plus, the odds are “boosted”: Hard Rock is telling you that the odds were +150, meaning a $10 bet would profit $15, but now they're +225, ... Feb 19, 2025 ... That means that new information will justify a revision in prior ... The payoffs are even money, which means if you bet $1 and win you ... The upward creep suggests that bettors who are betting during this time are opinion bettors who do not believe that there is much information in odds changes. Knowing that information exists does not, of course, generally mean knowing ... The bet would pay between $0 and $25 if they won, and there was no cost ... Apr 21, 2017 ... The more “wins” you have, the higher your credit score and, thus, the better your odds, which means more lenders will agree to bank on you. Nov 11, 2016 ... To consider such applications, BTE would play a tricky role in the theory of the gambling where the odds should be decided with anti-causality. We chose this market since there are many bookmakers providing odds over several years, and this data is readily available, meaning any findings should not be ... Jul 1, 2023 ... The information does ... But the expansion of online gambling and newly loosened laws around sports betting mean that people can now place bets ... A fifth constitutional amendment (1993) clari- fied that all forms of gambling are prohibited ex- cept bingo, raffles, pari-mutuel on-track betting, and the ...