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mickytallor comments on [Open Thread] Stupid Questions (2014-02-17) - Less Wrong
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What word do people who bet on horses use? Is there a difference between mathematical odds and gambling odds (other than what things you talk about odds for?
I don't bet on horses, but I figure they'd use "kurs". And the word means more the relation between bets and payoffs than the mathematical probability of winning, so it kinda makes sense that it's a different word.