even money

noun
1.
the equal sum staked by each bettor.
2.
equal odds in a wager:
It's even money that the home team will win.
Origin
1890-95
Related forms
even-money, adjective
Examples from the web for even money
  • There wasn't even money available to take care of the algal collection that had been so painstakingly created.
  • They're looking for get-even money, betting money or getaway money.
  • She has the right strategy provided it's an even money bet.
  • And participants who had had short avatars accepted less-than-even money more often than the tall ones.
  • He can therefore give no better than even money that its color mix is predominantly red or blue.
  • The team provided gifts, certificates for food and clothing, and even money to help pay utility bills.
  • Most of the bets on the second game as well as on the series was at even money.
Idioms and Phrases with even money

even money

Equal odds that something will occur, as in It's even money that he'll get the contract. The term comes from gambling, where it signifies equal odds in a bet. [ Late 1800s ]