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.
How to use lay odds in a sentence
I know you'll choose a good girl—and a pretty one too, I'll lay odds!Mrs. Maxon Protests | Anthony Hope
The rest of 'em took to their heels, you may lay odds on that.The Adventures of Kathlyn | Harold MacGrath
And I'll lay odds we can feel the heat o' the sun in the east and west enough to make a fair guess at the course."Where Angels Fear to Tread" and Other Stories of the Sea | Morgan Robertson
If Wheeler's cavalry is in this vicinity you can lay odds on it that all the inhabitants of this wild territory know it.An Undivided Union | Oliver Optic
"I'll lay odds that you put up a good fight," the Lieutenant said, pleasantly.The Puppet Crown | Harold MacGrath