lay odds verb2 •To offer a bet in which one stands more to lose than the opponent; or a bet in some other way favourable to the opponent.Prince John: "I will lay odds that, ere this year expire, / We bear our civil swords and native fire / As far as France. I heard a bird so sing, / Whose music, to my thinking, pleas'd the King." — 1596 •To feel certain about something. formslaid odds · laying odds · lays odds