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If a race horse runs 100 races and wins 25 times and loses the other 75 times, the probability of winning is 25/100 = 0.25 or 25%, but the odds of the horse winning are 25/75 = 0.333 or 1 win to 3 loses.
The Difference Between "Probability" and "Odds" - sph.bu.edu
sphweb.bumc.bu.edu : mph-modules : BS704_Confidence_Intervals10
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For example, 3/1 odds mean you profit three times the amount you wagered. AR$1 bet at 3/1 would pay outR$4 in total, or aR$3 profit and yourR$1 original wager. Conversely, 1/3 odds mean you profit a third of what you wagered. AR$30 bet on 1/3 odds would returnR$40 total, or aR$10 profit and yourR$10 original wager.
How Do Sports Betting Odds Work - Forbes
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Some of the most unbelievable parts of the show (based on the book by Dan Simmons) are true. The adventures still capture the imagination of Britons to this day. The expedition did happen. It was Franklin's third and final expedition to the Northwest Passage, the Arctic route that links the Atlantic and the Pacific.
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The Reign of Terror (French: la Terreur) was a period of the French Revolution when, following the creation of the First Republic, a series of massacres and numerous public executions took place in response to revolutionary fervour, anticlerical sentiment, and accusations of treason by the Committee of Public Safety.
Reign of Terror - Wikipedia
en.wikipedia : wiki : Reign_of_Terror
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From (the participle stem of) Late Latin *originare ( to begin, give rise to ), from Latin or+gM ( origin ).
originate - Wiktionary, the free dictionary
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Key Takeaways. The term bookie  is slang for bookmaker.  A bookie places bets for customers, usually on sporting events. They also set odds and pay out winnings on behalf of other people.
Bookie: Definition, Meaning, Duties, How They Make Money, and Fee
investopedia : terms : bookie
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