wager (someone) a pound to a penny

wager (someone) a pound to a penny

To be convinced that something is very probable or likely (to happen or be the case). Primarily heard in UK. I've been hearing about layoffs and pay cuts for a while now, but I wager you a pound to a penny that none of the executives see a drop in their salaries. I'd wager a pound to a penny this issue was caused by a computer virus someone accidentally downloaded.
See also: penny, pound, wager