odds-on adjective3 •Having a chance of winning that is better than even.The trophy had barely been lifted before the first press release went out from the bookmakers announcing Norwich as odds-on to go down next season. — 2015 •(informal) Very likely.Name a light entertainer and its odds-on that he - or even she (think of Cilla Black) – learned the trade of laughter and song in Liverpool. — 1966 •In which the amount won on a bet is less than the amount staked. formsmore odds on · more odds-on · most odds on · most odds-on