Definitions for "ODDS ON"
Keywords:  stake, outlay, decimal, win, rverse
This a bet where you have to outlay more than you win. For example, if a horse is two to one on ( now $1.50 ) you have to outlay two dollars to win one dollar and your total collect if the horse wins is three dollars. That is made up of your original two dollars and the one dollar you win.
A bet where the odds are less than evens (or 2.0 decimal).
a situation when the betting price is less than even money.
Keywords:  craps, roll, leave, come, action
In CRAPS, leave odds in action on the COME OUT roll.