even odds

Coin flip probability

Even odds describes a situation where two outcomes are equally likely—a fifty-fifty chance.

In betting, even odds means a winning wager pays back exactly what was risked: bet ten, win ten.

The phrase often appears in casual prediction: I'd give it even odds that she shows up late.

Related

pick 'em · chance · fair shake · parity · betting line · game of chance · balance · betting · wagering · sports book · dead heat · probability · equality · fair game · gamble · oddsmaking · symmetry · likelihood

Categories
Opposites
probability balance

even oddslongshot

Unlikely to succeed

long odds · sure thing · certainty · impossibility · foregone conclusion

certainty level

even oddsforegone conclusion

Result assumed beforehand

dead cert · sure bet · certainty · impossibility · inevitable

risk/reward in betting

even oddslong odds

Unfavorable probability ratio

odds-on · high stakes · lottery odds

Family

even, odds, evens, evenly, evenness, unevenly, uneven, odd, oddly

Familiarity
Top 100,000
Profile
Used worldwide · Timeless · Abstract · Everyday, not technical · Rated G