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"reducing the odds" is a grammatically correct and commonly used phrase in written English.
It means to decrease the chances or likelihood of something happening. Example: The new safety measures implemented by the government are aimed at reducing the odds of a fire breaking out in the building.
Exact(47)
It will counter investors' risk-aversion by reducing the odds of a truly nasty economic meltdown.
Teams try to prevent injuries with pitch counts and closely monitored workouts, but it is all about reducing the odds.
Deep-frying turkeys could be saved for warm weather, when the task can be safely accomplished outside, reducing the odds of burning down the house.
Encouraging those connections benefits the criminal justice system by reducing the odds that a prisoner will end up back in prison after she is released.
The salutary aim is to bolster the banks' ability to absorb losses, thereby reducing the odds of failure and the need for taxpayer bailouts.
By asking a question, telling a story, or sharing an experience, you can engage your counterpart in helping you find a solution while reducing the odds that he will lose face.
Similar(13)
But they will significantly reduce the odds.
Conclusions: MSSA carriage reduced the odds of MRSA acquisition by 50% in ICUs.
This reduces the odds that new megafunds will rise in the East.
Some economists believed the producer price report reduced the odds of another rate increase later this month.
And most important, guided climbs dramatically reduce the odds of losing digits or dying.
More suggestions(15)
reducing the expectations
reducing the distances
reducing the probabilities
reducing the difficulties
reducing the divisions
reducing the possibilities
reducing the opportunities
diminished the odds
lessened the odds
decrease the odds
reduce the odds
decreased the odds
lessens the odds
lowered the odds
narrow the odds
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com