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Even money is a wagering proposition with even odds - the bettor stands to lose or win the same amount of money. Beyond gambling, even money can mean an event whose occurrence is about as likely to occur as not. Even money is also known as 50–50. ... For example, in roulette, betting on red or black is an even money bet.

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Muneeswaran Thavaman...

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2y ago
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Laury Homenick

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2y ago
great answer ty ?
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Muneeswaran Thavaman...

Lvl 7
2y ago

You still have the 30% probability that the casino will have a blackjack. So, now, you're looking at winning $120 approximately 70 times out of 100, or $8400. But if you take even money, you'll win $100 every time for $10,000 in winnings. In a 6:5 blackjack game, even money is a GREAT bet.

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Deon Jast

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2y ago
cool answer ?
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Kieran Crist

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2y ago
good answer, thx! ?
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Cassandra Carroll

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2y ago
thxxx ?
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Edward Sporer

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2y ago
great answer thx! ?

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Wiki User

13y ago

In gambling...I'm assuming that's what your asking it just means it pays the odds of 1:1 its the same thing.

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saud x

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3y ago

4Checks offers the same quality personal checks you've always enjoyed, in exclusive designs for far less than what banks charge

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Q: What does 'pays even money' mean?
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