Even Money Meaning – Double Your Money on a Bet
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.