it seems cutting the odds means, according to this website, decreasing the possibility of something happening.
I thought slashing the odds meant the same but apparently it's the opposite?
Unilad wrote the following on facebook today:
"The odds on Damian Lewis becoming the next James Bond have been slashed massively. Now the ginger-haired Etonian has jumped to being second favourite to succeed Daniel Craig in the prized role...", to mean his odds of playing the role has increased.
(Here is a link to the actual article : http://www.unilad.co.uk/articles/is-damian-lewis-set-to-be-the-next-james-bond/)
It seems it could possibly be a phrase dominantly used in Britain?
Does "slashing the odds" mean increasing the odds or decreasing?
If the latter, can you help me visualize how "slashing" something in the literal sense of the word can mean "increasing"?
Thanks in advance.