The west Londoners are the only Premier League side without a win this season and languish 17th in the table.
Fulham's winless streak stretches back eight matches in all competitions, with the last victory recorded against Dnipro on August 18.
Jol admits the run is frustrating and is hoping for a change of fortune in Thursday's Group K fixture at Odense.
"I think we will turn a corner somewhere," he said. "A draw is not a defeat.
"If we had four or five defeats it would have been a disaster.
"We weren't good enough in the final third of the pitch [against West Brom] but we still had seven or eight chances so that gives us a little bit of spirit coming back.
"It's a very thin line. Aston Villa have had five draws and one win and they've got a good position in the league.
"We should have beaten them at home, and even Blackburn.
"We had all draws, five on the trot I think, but we should have won even three of them."
Odense started the season in the Champions League, where they defeated Panathinaikos over two legs before losing to Villarreal in the play-offs - despite winning the home leg 1-0.
The Danish outfit also secured a 3-1 victory at Wisla Krakow in their Europa League group opener, but come into the match on the back of three successive defeats.
"They've got a few good players," Jol said.
"The only good thing, probably, is they lost three games, which is not typical for them, so maybe we can take advantage.
"They are a good team. All these Danish teams are good footballing sides.
"It is the same as in Holland, they try and play in a similar way.
"But, of course, we have a very good team and we have done well away from home in Europe.
"I think we need a result so it will be quite interesting.
"Wisla is a good team. I know them because the coach there is a Dutch guy, and they beat them 3-1 away from home.
"That was a very strange result, so that means they've got a lot of quality.
"That is why we need results - not only draws but three points. Hopefully we can beat them.
"If we can have another draw that's okay, but then you have to beat them at home.
"You need seven or eight points to get to the next stage."
Fulham boast a strong squad for Thursday's match but travelled to Denmark without Mousa Dembele and Bobby Zamora.
"Mousa Dembele has stayed in London," Jol added.
"Zamora did too as they both need some extra conditioning sessions because they weren't fit. They had a bug.
"Zamora was ill before the last game with West Bromwich.
"He was back in training yesterday but was not 100% so we left him with the staff with to make him ready for the next game."