Even Money
1 min read
In blackjack, taking a 1-to-1 payout on your blackjack when the dealer shows an Ace.
In gambling, "even money" refers to a type of bet or payout that offers a 1:1 return on the wager. This means that if a player wins the bet, they receive an amount equal to their original stake in addition to their initial wager. For example, if a player bets $10 and wins an even money bet, they would receive $10 in winnings plus their original $10 back, totaling $20.
Even money bets are commonly found in various games, including blackjack (when betting on a winning hand), roulette (on red or black), and certain sports bets. The term signifies a straightforward and relatively low-risk betting option, as the odds of winning are typically close to 50%.
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