Definition, Meaning & Synonyms
even-odds
noun
/ˈiːvən ɒdz/
Definition
A situation where the chances of something happening are equal, often expressed in betting or gambling contexts.
Examples
- In this poker match, the players felt they were at even-odds, making it anyone’s game.
- The even-odds on the race made it exciting for bettors.
Meaning
When the ratio of the likelihood of winning to losing is equal, typically referred to in games of chance.
Synonyms
- Equal chances
- Level odds
- 50-50
