What is another word for betting odds?
Pronunciation: [bˈɛtɪŋ ˈɒdz] (IPA) 
Betting odds are the probability of an outcome in a particular event, expressed in numerical form so that people can place bets on the event. There are various synonyms for betting odds that can be used in different contexts, such as: lines, spreads, handicaps, odds-on, even money, favorites, underdogs, payout rates, and prices. These different synonyms are used to describe the different types of bets that people can place, from simple win/lose bets to more complex spread bets. They all refer to the same concept, but each has a slightly different meaning and application in different sports and betting scenarios. Whatever term is used, the underlying principle remains the same - the odds reflect the probability of a particular outcome in a given event.
