even money
noun /ˌiːvn ˈmʌni/
/ˌiːvn ˈmʌni/
[uncountable] (British English also evens [plural])
- (in betting) odds that give an equal chance of winning or losing and that mean a person has the chance of winning the same amount of money that he or she has bet
- Players bet on each throw for even money.
- Taurus is the even-money favourite for the race.