even money

noun

A bet which offers odds of 1 to 1.

“It's even money that it will rain today.”

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Meanings

nouneven money (uncountable)
  1. uncountableA bet which offers odds of 1 to 1.
  2. idiomaticuncountableBy extension, an event that is somewhat likely to happen, but far from inevitable.

    It's even money that it will rain today.

Synonyms & antonyms

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Cite this entry
APA

even money. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/even%20money

MLA

“even money.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/even%20money. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “even money,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/even%20money.

Source: even money on Wiktionary, CC BY-SA 4.0.