The term "outside chance" refers to a small possibility of something happening. In phonetic transcription, the word "outside" is pronounced as /ˌaʊtˈsaɪd/, with the stress on the first syllable. The letter combination "ou" is pronounced as the diphthong /aʊ/. The word "chance" is pronounced as /tʃæns/, with the stress on the first syllable. The letter combination "ch" is pronounced as the affricate consonant /tʃ/, which is a combination of the /t/ and /ʃ/ sounds. Together, these sounds create the distinct pronunciation of "outside chance."
Outside chance refers to a situation in which there is a remote or unlikely possibility of something happening or being successful. It is a term commonly used to describe a slim or minimal chance, usually against prevailing odds or expectations. The phrase "outside chance" suggests that the probability of a favorable outcome is not very high, although it is not entirely impossible.
The term is often used in various contexts, such as sports, gambling, or competitive situations where the underdog or less-favored competitor is considered to have an outside chance of winning. It implies a scenario where the outcome is uncertain and would be surprising if it were to occur.
An outside chance is typically associated with an unexpected turn of events or a surprising upset. It suggests that the likelihood of success or a positive outcome is remote, yet still conceivable. The term encompasses a sense of possibility that goes beyond what is considered probable or expected.
Furthermore, an outside chance implies the existence of hope, however slim it may be. It suggests that even though the odds are against something happening, there is still a minute prospect, however unlikely, for a desired outcome or success.
The phrase "outside chance" originated from horse racing. In horse racing, each horse is assigned odds that reflect their chances of winning a race. These odds are determined based on various factors like previous performance, pedigree, and current form.
An "outside chance" refers to a horse that is given very slim odds of winning the race. These horses typically start the race on the outer track, hence the term "outside". They are perceived as having a lower chance of winning compared to the horses starting closer to the inside track, which are considered more favorable positions.
Over time, the term "outside chance" has been adopted more generally to describe any situation where the likelihood of success is considered remote or unlikely.