21
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It means that in 21 cases of the event there will be 17 of one outcome and 4 of another.
In terms of racing bets, it means the bookie will give you 17 for every 4 you bet; the bookie will fix the odds they offer so that even if you were to bet on every possibility you would end up losing.
-Opposites of evens. -odds can also mean the chances of something happening.
Odds of 9-2 means that for every 2$ you bet you will get 9$ if you win, and nothing otherwise.
174
174
174 over 203 as a ratio in lowest terms is 174 to 203 or 174:203.