definition of fearless

fearless
–adjective
without fear; bold or brave; intrepid.

Of course I know the odds are against the Broncos. What does making a fearless prediction really mean? Is making the prediction, that "Patriot will win the SB" when the odds of them doing that are 2-5, fearless? Is making the prediction, that "Broncos will win the SB" when the odds of them doing that are 500-1, fearless? Which statement is the fearless statement? Does one have more to fear when the chances of winning are 5% than when the chances of winning are 95%? Is being fearless while being oblivious to dangers and being fearless while knowing the dangers the same thing?

These aren't really hypothetical questions nor do they have definite answers but they are interesting things to think about.