lay odds

Make a bet on terms favorable to the other party, as in I'll lay odds that it will rain before the week is out. [c. 1600] The closely related lay a wager means “make a bet,” as in He laid a wager that Don would be late. [c. 1300]

The American Heritage® Idioms Dictionary Copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.

Related Words for lay odds

speculate, wager, set, chance, hazard, put, game, venture, ante, trust, risk, pledge, dice