Even Money Meaning – Double Your Money on a Bet

Even money

1 minute

Last Updated: May 31, 2022


An even-money bet is one that will win you the same amount of money that you’re willing to risk. This is also known as a 50-50 bet.

For example, if you bet $100 on an even-money bet, meaning it has 2.0 odds (+100 moneyline or American odds), you will get a total of $200 in return for a profit of $100.

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