even money
- noun
- I'll give you even money.
- even money bets
Examples
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Now it's even money.
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I'll bet even money that's him now.
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If I told you I would give you even money, you would not take that bet.
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Twelve dollars even money either way.
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But Larry made it clear it was an even-money bet between us.
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The private backrooms consensus was that he had an even-money chance of making it.
Fiction book (1997) -
Feraud has been boasting all day, but the betting still holds at even money.
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If I think the Falcons are 3:1 favorites to beat the Cowboys and you offer even money (1:1), I will take that bet.
Blog text (16) -
$100 even money says he whips that gol' dang contraption!
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Many experts believe it's even money that the stock market will rise next year.
Synonyms
An equal share or chance between two people
How Likely
- US
- Informal
- Informal
Surface Forms
Morphology
The adjective 'even' transparently signals equality (fifty-fifty), but 'money' here is used in a specialized betting sense meaning a wager/odds rather than literal currency. A B1 learner who knows the constituents might guess a sense of equality but is unlikely to map 'money' to 'odds' without exposure to gambling collocations, so the phrase is only partly predictable.
Etymology
Even money comes from betting: when a bet is even you win the same amount you bet, so the money is equal on both sides. That's why it now means 'a fifty-fifty chance'.