Odds na chance sunayen ne duka biyu da ake amfani dasu wajen bayyana yiwuwar abin da zai faru, amma suna da ma’ana daban-daban.
Odds, a takaice, yana nufin yanayin adadin kudin da zai samu idan wani abu ya faru ko bai faru ba. Misali, idan aka ce odds na wasan kwallon kafa suna +105, haka zai nuna cewa idan kuna saka $100, zai samu $105 idan wasan ya ci. A cikin tsarin decimal, haka zai zama 2.05, ma’ana kudin da zai samu zai zama $205 idan aka saka $100.
Duk da haka, chance ko yiwuwa, yana nufin tsarin adadin yiwuwar abin da zai faru. Yiwuwa yawanci ake bayyana shi a matsayin kashi ko asali, inda 0 ya nuna ba zai faru ba, 1 ya nuna zai faru, kuma kashi kama 0.5 ya nuna yiwuwar 50%. Misali, idan yiwuwar ruwan sama ya faru a wata rana ita kasance 0.7, haka zai nuna cewa akwai 70% yiwuwar ruwan sama ya faru.
Odds na chance suna da alaka, amma odds yana bayyana yiwuwar abin da zai faru ta hanyar adadin kudin da zai samu, yayin da chance yana bayyana yiwuwar abin da zai faru ta hanyar tsarin adadin yiwuwa.
