Usually means: Offer less favorable gambling returns.
Definitions Related words Mentions
We found 7 dictionaries that define the word lay odds:

General (4 matching dictionaries)
  1. lay odds: Oxford Learner's Dictionaries
  2. lay odds: Collins English Dictionary
  3. lay odds: Wiktionary
  4. lay odds: TheFreeDictionary.com

Business (1 matching dictionary)
  1. lay odds: Legal dictionary

Medicine (1 matching dictionary)
  1. lay odds: Medical dictionary

Miscellaneous (1 matching dictionary)
  1. lay odds: Idioms

Definitions from Wiktionary (lay odds)

verb:  To offer a bet in which one stands more to lose than the opponent; or a bet in some other way favourable to the opponent.
verb:  To feel certain about something.

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