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short odds
referring to the likelihood of a particular event occurring, with a high probability of success or a low degree of uncertainty
Short odds refer to a betting situation where the likelihood of a particular outcome happening is high, meaning the potential payout is low. When a bet has short odds, it means the event is considered very likely to occur, and as a result, the winnings are relatively small. For example, in sports betting, a team that is favored to win will have short odds, offering a smaller payout for a successful bet. Short odds are less risky but also provide lower rewards compared to long odds.
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