Poker Dictionary
Friday, April 12, 2024
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Take the Odds

  1. Verb

    To offer a proposition bet in which players accepting the offer would win less than they wagered; to as opposed to lay the odds.

    ADDITIONAL INFORMATION: Uncommon usage. Example: Offering to pay 1:4 if a player misses an open-ended straight draw on the river would be taking the odds because the payout of $1 is less than the initial stake of $4.

    EXAMPLE: "I took the odds on a small proposition bet. The odds were pretty fair, but my opponent declined anyway."

    APPLIES TO: Online and Land-based Venues

  2. Verb

    To accept a wager.

    EXAMPLE: "The bet wasn't that favorable, but I took the odds anyway."

    APPLIES TO: Online and Land-based Venues

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