Crossword Genius

Chances of good kids getting half cut (4)

Ross

I believe the answer is:

odds

'chances' is the definition.
(I've seen this before)

I don't understand the rest of the clue.

(Other definitions for odds that I've seen before include "Indicator of likely betting winnings" , "Betting figures" , "Perhaps even money" , "Ratios set by bookies" , "Chance" .)

I've seen this clue in The Guardian.
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