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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.
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