even money


noun

the equal sum staked by each bettor.
equal odds in a wager: It's even money that the home team will win.

Origin of even money

First recorded in 1890–95

OTHER WORDS FROM even money

e·ven-mon·ey, adjective

Example sentences from the Web for 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]