Weapon people get, ignoring the odds (4)
I believe the answer is:
Here is my best explanation:
'weapon' is the definition.
(epee is a kind of weapon)
'people get ignoring the odds' is the wordplay.
'ignoring the odds' means one should take alternating letters (letters in odd-numbered positions are removed).
The alternating letters of 'peopleget' are 'EPEE'.