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What are good odds in sports betting what does pk mean

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Good or bad odds would depend on specific situation. May be the odds given were kept a bit under and odds actually might have been 7 to 2. In that way, it is difficult to say whether these are good or bad.

However, to make it easy, 5 to 2 is better than 2 to 5 and in that way we may say that that these are good odds. Ever heard the phrase Best Odds Guaranteed wondered what it meant?

We explain the meaning of best odds guaranteed when you bet with a bookmaker. A horse called Frankel is available at 81 with the bookmaker on the morning of the race and you place a 10 bet on the colt at those odds. However when the race starts the horse’s odds have drifted to 101. Normally you would be ruing the fact you placed your wager early because you are going to be paid out at 81 instead of an SP of 101.

However when a bookmaker offers the Best Odds Guaranteed’ concession you will get the bigger 101 SP price anyway. What determines a good odd and a bad odd? Is a good odd anything above 51? Update If someone told me "you have a 45 chance of getting accepted", are those good odds or bad? I feel like those are not the best odds, but then again, 45 chance does seem like a lot. I want an answer that puts emotions aside.

Mathematically speaking, using pure logic and reasoning, are those good odds or show more If someone told me "you have a 45 chance of getting accepted", are those good odds or bad? I feel like those are not the best odds, but then again, 45 chance does seem like a l. Odds are a numerical expression, usually expressed as a pair of numbers, used in both gambling and statistics.

In statistics, the odds for or odds of some event reflect the likelihood that the event will take place, while odds against reflect the likelihood that it will not. In gambling, the odds are the ratio of payoff to stake, and do not necessarily reflect exactly the probabilities. Odds are expressed in several ways see below, and sometimes the term is used incorrectly to mean simply the. What is the meaning of good odds in the follwoing sentence?

"That's pretty good odd," she says. " you have more change of getting hurt in a traffic "Good odds" does refer to betting. To get very basic, the sentance means that you are less likely to get hurt skydiving that driving. By saying this is "good odds", the person who wrote this believes that it is a relatively safe activity. I disagree, since getting into a car accident can pretty likely depending on how much one drives, but that's irrelevant to the meaning here. Decimal Odds Versus Fractional Odds.

In truth, one isn’t better than the other but there is certainly a trend emerging towards decimal odds. Historically fractional odds were used in the UK, especially on racetracks and on the high street. There are two key differences. Generally, decimal odds are easier to understand. Based on this, there has a movement to attract more people to horse racing by making it more accessible to the average punter. Ten years ago, if you were going to Cheltenham, all the odds would be displayed as fractional odds.

Now, they’re largely all in decimals. You can find the best betting odds by taking your time looking across different bookmakers. This is dependent on the market you are looking at and the sport you are betting on. Take a look for yourself in order to find the best possible odds. Which sport has the best odds? As a general rule of thumb, odds improve when there are less options available for an outcome.

Therefore for boxing, baseball or American football, where you bet for one personteam to win or the other, the odds are much better than horse or greyhound racing, where there can be at least six options.

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Good odds are when the likelihood of a particular outcome is better than what the odds actually are. Basically, this means you think your bet has a bigger chance of winning than the odds of what the betting site is offering. That’s why you should always be careful if you are letting your heart lead you astray when looking for good odds.

When analysing odds it’s especially important to not overestimate your favourite team, or that you underestimate your rival’s capabilities. Always make sure that you act professionally and that you treat the odds objectively.

The most common example of explaining if odds are good or not is by flipping a coin. When you flip a coin you have a 50 chance of landing heads or tails.

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So let’s use this explanation to clarify what we mean by using two betting companies. Just what is the best odds guarantee and how can it get you bumper pay days when Matched Betting?

It’s something that’s offered at quite a few bookies and. Good odds simply means that the odds you have to call are better than the odds of making your hand. For example, if you have a flush draw and face an all-in bet on the flop, you will have a roughly 40 chance of making your flush and winning. That 40 is around, so if you have to call a bet of to win or more, you're getting good odds and should call.

What are the odds of flopping a set? If you have a pocket pair, you will flop a set roughly one time in nine. What are the odds of flopping a flush? If you have two suited cards, you will flop a flush roughly one time in Yo.

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What a good odds match means for matched betting. Below is a quick reference table to help identify an acceptable difference between back and lay odds for the purpose of placing qualifying bets and using free bets. Remember, free bets and risk free bets should be placed at odds approximately over, aiming for a profit of 70 80 of the value of the free bet.

Qualifying bets, depending on the minimum odds permissible according to the terms of each individual offer, are usually placed at the lowest odds possible in order not to use up too much of your exchange balance. Bookies offering Best Odds Guaranteed will often be offering slightly lower prices than their competitors who are not offering BOG, it’s their insurance against the odds going against them and having to pay out later.

With a number of bookies now offering Best Odds Guaranteed BOG, hopefully it won’t be happening to you too often in the future. Put simply, if you place your bet with a bookie offering the Best Odds Guaranteed promotion, if the odds on the horse then drift out and starts with a higher SP than your original bet but the horse goes on to win the race, you will get paid at the higher SP rate, of course if the horses odds come in and it.

Goes to win, you still get paid at the odds you originally took.

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Know that odds tell you the likelihood of an outcome.

Odds represent which team, horse, or athlete has the highest probability of winning. While there are different ways to write odds, they all indicate how likely one outcome is in comparison to another.

Ex When I flip a coin, it is just as likely that I flip heads as tails. The odds are equal, or one to one. Ex If there is an 80 chance of rain one day, then there is a 20 chance it will not rain as well. The odds are 80 to Otherwise put, it is four times more likely that it will rain than stay sunny. Because circumstances may change sp. Odds are numbers that express how likely events are to happen. To illustrate this idea, here are the three possible outcomes of a football match for any team 1.

All of these have different possibilities, probabilities, chances or odds of happening. Betting odds are usually expressed either as fractions e.g. Fractions were traditionally used to bet on horse racing and were most popular in high street betting shops in the UK, before the advent of internet gambling. The problem with this method though, is that you need to be better than the bookmaker at calculating probability.

This is a difficult task considering the huge teams of mathematicians that they employ. Mathematically, odds and probability are not the same thing. A high probability does mean that something is more likely to happen. But colloquially, outside the world of mathematics, many people treat odds and probability as the same thing. Further complicating matters, odds for the same event can be presented in different ways.

For example, one person might think of the odds of rolling a six on a regular six-sided die as 1-to-5 in favor, and another person might think of the odds as 5-to-1 against. High odds’ and low odds’ are confusing. The problem is that the phrases high odds and low odds And if you must use odds, it’s better to say they are good or bad, instead of high or low.

Image courtesy of Shutterstock. Odds are a set of numbers that are used to interpret the chance of something happening. The smaller the odds, the bigger the chance of that thing coming into fruition. In horse racing, betting odds dictate probability and are perhaps the most important piece of sports betting.

Displayed in both fractional and decimal format, once you have a firm understanding of how the odds represent probability, you’ll be well on your way! How do I work out fractional betting odds? In the UK, fractional odds are the norm and you’ll rarely see horse racing odds displayed in a different format.

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Best odds guaranteed is a promotion which offers you the chance to take an early price but then if the starting price of your bet is longer odds you get paid at those longer odds. It’s basically to stop you missing out on a better price if becomes available so as not to penalise punters for when they place their bet.

This time we’ll use best odds guaranteed for greyhounds. A punter places a 10 win bet on a dog in a UK race with a bookmaker offering the promotion. They place the initial bet at odds of 51, but when the race starts, the odds have shortened to a SP of 31. Odds might be considered good when they exceed the actual probablity of the horse winning the race. If a horse has a 50 chance of winner a race, then odds would be fair and would be good.

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Where can information on horse racing odds be found?

One can find information on horse racing odds via a number of website. Such information is available on sites like 'Dummies', 'Odds Checker', 'Go Racing' and 'OddsShark'.

Asked in Horse Racing, Animal Racing. How do you know which odds are the lowest in Horse. Shop Around for the Best Lines and Odds. This strategy is an obvious one but it’s also something a lot of people fail to do because it takes legwork. To put it in non-gambling terms, if one store is charging you more for bread than the one down the street, you’d be a fool not to go with the cheaper option. The catch is that you have to shop around to find the best deals. The same holds true for sports bets.

What is important to remember is making sure the odds are offering the right value and you’re evaluating all the factors accurately. If a team beats a series of lower quality teams while playing at home it may not be the right time to jump on the bandwagon when their next game is on the road against a top opponent, for example. What are the odds or also odds are is a simple game I was told by a friend some years ago and which I learned to love because so many crazy things happened to me by playing this game.

That’s simple, the game is very easy and can be taught to anyone in a couple of minutes. Also you can play the game at anytime and anywhere and it requires only 2 players. So if you are in a bar with friends, if you’re sitting in the park or if you just walk alone with your best buddy to the streets you can play this game and it will improve your day!.

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W a We're the favorites at 3 to 2. Can I interprte the sentence "What are the odds? " as " who, do you think, will win the game? What does "the favorites" in a mean? Nov 10 So if I bet 1 on a contest with " to 1 odds", and the team wins, then I win The favorite is the team with the best odds.

The highest probability for winning. What are your odds of winning the lottery? Less likely than being hit by lighting, but more likely than getting killed by a shark. Many good things are also more likely to happen than winning the lottery. For example, the odds of becoming a movie star are only million to one, the odds of getting a royal flush in the first hand of poker are just, to one, and the odds of dating a supermodel are just 88, to one.

To put it all into perspective, consider this. Scientists calculated in that there was a to-one chance that asteroid MN4 would strike the Earth on April 13. Therefore, by using the best odds football tips on this site, you’ll already be giving your chances of winning as much cash as possible a massive boost.

Why not take a look through our highest odds betting tips today? How to Work Out Football Odds. For those of you new to football betting, it might be prudent to briefly examine how to work out football odds. Let’s imagine you’ve got two different sets of prices for the same selection, and you want to know which is best.

At one site, you’re getting odds of 41, however another site has offered you 92. Purpose of Betting Odds Decimal Odds Moneyline Odds Fractional Odds Best Odds Bookies. Usage of the Betting Odds Explained in Detail. In the next section, we will have betting odds explained for you. If you are a novice, we do recommend you stick around. Odds are one of the important factors in sports betting, and you need to make sure you understand their purpose and function.

What is typical of these odds is that they are expressed in a negative or positive number. If a negative number is displayed, it serves to show how much money you have to give away to win back If a positive number is displayed, it shows how much a bet would win if it is correct according to the news.

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Goodbetter odds People retiring today have better odds than ever of living a long healthy life. The odds are slimlong Given the poor economic climate, the odds of success are slim. How probable something is, expressed as a pair of numbers or a percentage, for example when betting goodbad odds We think 6 to 2 are good odds.

The odds are againstin favour of sth The odds are against him getting the job. What is perhaps of great importance is the fact that she challenged the decision of her employers and won the case against all odds.

From Cambridge English Corpus. An increasingly popular measure of effect is the difference not in proportions but in log odds between two categories. Which Are the Best Arbitrage Friendly Bookmakers.

Both advanced and novice punters take advantage of arbitrage to increase their income through guaranteed profits. The problem is that many bookmakers are not fond of arbitrage and you face seeing limits on your or even closing of your betting account when you arbing. Nonetheless, there are arbitrage friendly bookmakers that are also known as surebet bookmakers.

Bookies that accept arbitrage include both leading world bookmakers and smaller market players. Another reason for betting exchanges to be considered as best bookies for arbing is that in most of the time you get the best odds at them. The differences between the odds at a normal sportsbook and the odds at a betting exchange can be very significant. What is the best matched betting site? We’re looking to settle that debate once and for all, with this comprehensive and in-depth matched betting site comparison.

In fact We’re fairly confident that it will be one of the most in-depth comparisons on this subject that you’ll find anywhere on the internet in Read on to find out what we think of the best free matched betting sites and the best paid ones too. Both the odds matcher and integrated calculator update the odds and liquidity on exchanges in real time with alerts that allow you to apply the change with just one click. Best odds guaranteed refers to a promotion offered on horse racing, and even If the starting price is better than early price or fixed odds price, they will match ufva.us best odds guaranteed plus promotion is not, generally, available for ante-post or tote.

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Best odds guaranteed or BOG is a concession offered by many bookmakers that is sometimes referred to as an odds insurance or price insurance. If you place bets online on UK or Irish horse races, a bookmaker that offers best odds guaranteed will give you the odds or price about the selection they are offering. For example, if your horse is 101 with your bookmaker when you place your bet, you will get 101.

If your horse then wins, you will be paid out at 101 even if the starting price SP is lower than 101. That’s why it’s a good idea to bet with a bookmaker that does offer best odds guaranteed.

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This means, if the horse you backed at 101 drifts to 121, your bookmaker will pay you out at 121.

Can Best Odds Guaranteed Give You an Edge When Trading. What Is Best Odds Guaranteed’? Best odds guaranteed’, or BOG, is where a bookie offers you the best odds for a horse in any race. A few bookies have this on offer for every single race. Basically, if you back and lay a horse before the race starts and then at the start of the race the horse’s odds have increased, you will then get paid out at those increased odds! Let’s say you placed a back and lay bet earlier on a horse at odds of at the bookie.

The race now starts and that same horse has odds at If it goes on to win the race then you get paid out at od.

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How likely do you think it is that something will happen or something is the case? That new intern is a nightmare.

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What are the odds she screws up another order? I hear we're supposed to get over two feet of snow. What are the odds of them canceling school tomorrow, do you reckon? That is or was incredible that is or was extremely unlikely. Wow, I just won money on a scratch card for the third time in a row! And then it turned out that our dads sat next to each other in a class in college. Enhanced odds promotions could be the key to getting the most out of your wagering and putting a boost in your winnings.

The best bookmakers have great deals waiting to help your money go further than ever before. What Are Enhanced Odds Promotions? Put simply, enhanced odds lengthen your money on the vanilla odds offered by a bookmaker on a particular market.

They have the benefit of offering the chance of a bigger payout on winning wagers without making the original odds anymore unlikely, so there’s no real negative to these promotions.

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The ancient Egyptians, presumably when nothing good was on television, sat around and played board games in which moves were decided by throwing an astragalus, which is a bone in the heel that can land on one of four sides. Gambling became so popular that the Romans tried to restrict it to Saturdays. So back to the Maserati, and which of the three gambling options would give you the best odds. If you were to buy a single lottery ticket, and if your choice of six numbers matches the five winning balls plus the bonus number a seventh ball drawn, then this generally wins around, in the UK which for arguments sake let’s say is close enough to our dollar target it will certainly cover the cost of.

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The Three Best Casino Games to Play. If you walk into a casino and can't remember the details of this article, keep one thing in mind you have the best odds of winning at a table game.

They may be more intimidating than slots, but they usually work out better for the players. Here are the three best casino games to play if you want decent odds of winning money Blackjack's Odds of Winning 49. Blackjack is a simple card game with an element of skill to it. The odds of winning aren't too bad. You play against the dealer more people can play at one time, but each is only trying.

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This video is age restricted for viewers under + Create an account or login to confirm your age. What Are The Odds - Good News. What are the odds that God is very, very interested in you?.

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A Best Odds Guaranteed deal will mean that you increase your chances of a big win. This sort of wager works very simply. You will want to get your bet on early at a good price to start with. The odds are also typically better in this kind of race. You might not win particularly big amounts with this approach.

However, it is a good way to keep the wins rolling in regularly with little risk. Having said that, you will want to place bets that make sense even if the odds don’t drift. Naturally, it makes sense to use betting software to find the best deals.

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Well, I guess the 'odds' in 'overcome the odds' means kind of 'diffculties'. But I cannot find such kind of explaining in dictionary oxford dict online nor in "Practical Everyday English by Steven Collins".

The closest explaining, seem to me, is 'The chances, probalility of winning, being successful'. But then it doesn't explain well for the following sentence from "BBC Life Story".

Animals have just one goal at the end of this journey, to leave offspring, and everyone begins its life with an irrepressible instinct to survi.

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The term, odds’, is somewhat ambiguous. Here are two definitions from well-known dictionaries Macmillan Dictionary The chances that are used for calculating how much money you will get if the person or thing you bet on wins a race or competition. Oxford Dictionary The ratio between the amounts staked by the parties to a bet, based on the expected probability either way.

In these cases bets are very often lopsided and unfair, with a huge advantage to the person who is better in maths than the other. Read an example Arsenal fan staked his house on a bet with a Manchester United fan, who offered his wife and Toyota car in return. Bet, Odds, and Stake Conclusion.

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Learn Roulette Odds - All you need to know about the odds of roulette games. Use our trusted, expert guide so you can play better, both live and online. What is the best bet in roulette? This depends on your intentions. Read up on the odds of various bets in roulette to find the bet with the right odds and payout for you. Straight-up bets at 35 to 1 offer higher odds but less chance of winning, so suit players looking for the thrill of a big win.

But if you are looking to spend a lot of time at the table a six numbers bet of 5 to 1 is going to help your money last longer. What are the odds of hitting red or black in roulette? This kind of bet is known as an even bet.

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Beginners the same as experienced gamblers are united by a single aim bet on the most favorable terms, thereby improving the welfare. Your profit unconditionally depends on high odds set by a bookmaker. Therefore, sooner or later you ask yourself a question Why do different bookies set different odds for the same event? Let’s consider odds formation. Formation of the odds is based on two main factors outcome probability and bookmaker’s margin. The first factor is quite obvious as the odds are dependent on the outcome the lower are the odds, the more proba Our service gives you a possibility of seeking the best odds variants.

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Blackjack offers some of the best odds in the casino. But what does it mean to say that one casino games offers better odds than another casino game? This page goes into some detail about how to measure the odds of a casino game. Then it continues with an examination of the specifics related to the game of blackjack. Learning one basic strategy is better than learning no basic strategy at all.

In other words, don’t get hung up on making the occasional error because of local playing conditions. Playing Conditions and Rules Variations. The other key to getting the best odds in blackjack is to make intelligent choices about which blackjack games you’ll play. The biggest variation that you need to watch out for is the payout on a natural.

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It was arguably the best college football game in the last 25 years and Texas fans are hoping to relive that feeling. Beating USC is the first step to bringing Texas football back to where it once was. The Longhorns lost to Maryland to start the season and then beat Tulsa last week.

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Yet the reality is that the risk of something not working out is often not near as high as we estimate and the odds of it working out well, are often far better. We exaggerate the consequences of what might happen if it does go wrong. This is what I refer to as catastrophizing.' We come up with dire and dramatic worst-case scenario images in our minds-eye.

Rather than assume that we would act quickly to head off or mitigate a situation if things started going off track, we imagine everything spiralling shockingly out of control while we passively stand by, conjuring up images of ourse.

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Using the best odds available when betting guarantees better returns on your winning bets. This is crucial for maintaining profits in the long run. In other words, by not taking the best odds for your bets you are losing potential money even when you win. The Oddspedia platform acts in a similar way to other price comparison services that you might have already used.

For example, platforms that compare prices for products, insurances, hotels or flights. Betting companies - what is the bookmaker selection available at Oddspedia? Oddspedia gives you only the best, most reputable and reliable online bookmakers. We show odds from trustful and safe bookies, approved from our team of betting professionals with decades of experience.

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Really good odds if you know what you're doing. Realmente buenas probabilidades, si sabes lo que estas haciendo. I gave my men good odds that you would never show. Le di a mis hombres buenas probabilidades que t nunca mostraras. Todava no hay muy buenas probabilidades. Pap, noventa y seis por ciento buenas probabilidades. Buenas probabilidades, no Artis? When the market closes, so we believe there are good odds that the dollar will stabilize around 28, so long.

As there are no bad news in the international scene. Adems, el gobierno acord con cerealeras la liquidacin de unos USD millones diarios para lo que queda de junio, y comenzar hoy mismo con subastas de dlares al.

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NFL Odds - Live NFL Betting Lines. March 05, - Compare and find the best NFL spreads and lines anywhere on the internet! What are the best sites for betting on the football, especially the Super Bowl? We’ve come up with a list of the best sportsbooks for betting on football. Take a look and pick the one that makes sense for your betting needs.

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The lottery with the best odds is usually the one with the fewest balls drawn. So a pick 3 game is of course easier to win than a pick 4 game. Which is why the pick 3 prizes are much smaller.

This is the hidden half of this question. Because, yes you really want the game with the best odds. But you also want the jackpot to be big enough to get you excited. And the key is how you balance the two. Yes, it’s great to win the pick 3 jackpot but if winning that money won’t change your life at all, then you’re not playing the right game.

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First, you determine the best odds using our site. Click your pick and the bookmaker’s site will open. Then you open an account with the bookmaker and place your bet. What is the meaning of the B column next to the odds? The B column indicates how many bookmakers are offering odds on the match. Is it possible to make money with sports betting? These are events selected using a unique algorithm that recommends bets. What is sure betting also known as arbitrage betting or arbing?

Sure betting consists of making a combination of bets on one bet type. For example, you bet units on a combination for Team A in a 1x2 bet.

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Enhanced odds is the newest way of bookmaker innovation. Here you can find all the latest and ongoing enhanced offers from the best betting sites. What are Enhanced Odds Offers? A bookmaker will, on occasions, take an event and make an artificial increase on the odds that are available in the standard markets.

This is referred to as enhanced odds and, while there are terms attached, there are many benefits to the punter. New customer enhanced deals may quote an odds on price and take it to 251 or longer. Stakes may be fixed at with the enhanced portion of the profit being paid in free bet tokens but this can offer a generous way in which to sign on with the bookie involved.

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But what are the odds that Jessica knows who her mayor is? Mais quelles sont les chances que Jessica sache qui est le maire de sa ville? Quelles sont les chances prsent? I know that ally's on life support, but what are the odds that she Man, what are the odds? I end up next to the most beautiful woman in the tri-state area. Quelles sont les chances d'tre assis ct de la plus belle femme du coin. Whatever.I mean, what are the odds of that? Je veux dire, quelles sont les chances pour que a arrive?

With this wider zone what are the odds of an earthlike planet forming there? Avec cette zone plus large quelles sont les chances qu'une plante semblable la Terre se forme l? I mean, seriously, what are the odds.

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Definition of ODD in the ufva.us dictionary. Information and translations of ODD in the most comprehensive dictionary definitions resource on the web.

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