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.