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.

Other Words From

• even-money adjective

Word History and Origins

Origin of even money¹

First recorded in 1890–95

Idioms and Phrases

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]

Example Sentences

Mr Slater's funeral is due to take place on Saturday, but a number of social media accounts have reportedly offered access to a fake live stream of the service in exchange for likes, follows and even money.

From BBC

Even money favorite Eagles Flight wins debut.

From Los Angeles Times

Fifty-year-old Francesco Mazzei trained as a chef in his home region of Calabria in Italy's southern toe, and then in Rome, before leaving 27 years ago for London where he arrived "without even money for cigarettes."

From Reuters

There’s even money that John will sing some of the songs he wrote with Taupin.

From Seattle Times

For most people, this means their salary, bonuses, rent, pensions, an annuity, any income derived from the ownership of a business and even money they get from a tax refund.

From Encyclopedia.com