fixed-odds - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “fixed-odds”

fixed-odds

adjective [before noun]
 
 
used to describe betting in which the amount of money you can win does not change after you have made your bet: The bookmaker's biggest earner is fixed-odds bets on horse races.
(Definition of fixed-odds from the Cambridge Business English Dictionary © Cambridge University Press)
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