Please explain...
What are the chances that a randomly chosen voter voted for Bush? About 1/2. What are the chances a voter is fiscally conservative? About 1/2. What are the chances a voter voted for Bush AND is fiscally conservative? The answer is not 1/4.
1. chances of something happening: the likelihood or probability that something will occur, sometimes expressed as a ratio such as 10 to 1 The odds are that you'll never make it.
Note: the statement 'the odds are that you'll never make it' was an actual part of the definition. What are the odds?!