Even Money (blackjack)
1. A bet which returns the same amount in winnings
as was wagered by the player if the bet is won.
2. A phrase which is used by players and the casino when a player
decides to take insurance on his blackjack when a dealer has
an Ace showing. If the player takes this option, he is paid
even money on his blackjack regardless of whether the dealer
has a blackjack or not.
Even Money (general terms)
When the bookmaker's or totalisator's stake is equal to the
investor's stake.
For example a winning $1 bet on a horse that is quoted at 1-1
or even money, would give the investor $1, plus his or her original
dollar, making a total return of $2 for the $1 outlay.
Even Money (roulette)
A bet that pays off at one to one. In roulette Red, Black, Odd,
Even, Low, and High bets all pay even money.
Even-Money (craps)
A payoff of 1-1.
Even-Money (poker)
A bet that pays off exactly the amount wagered. E.g., "Double
or nothing" is an even-money bet .
Even-Money (general terms)
A payoff of 1-1.
