Meaning of “fixed-odds” in the English Dictionary

business-english dictionary

"fixed-odds" in Business English

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fixed-oddsadjective [ before noun ]

uk us

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)