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even money

noun
1.
the equal sum staked by each bettor.
2.
equal odds in a wager:
It's even money that the home team will win.
Origin
1890-1895
1890-95
Related forms
even-money, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Idioms and Phrases with evenmoney
Equal odds that something will occur, as in It's even money that he'll get the contract. The term comes from gambling, where it signifies equal odds in a bet. [ Late 1800s ]
The American Heritage® Idioms Dictionary
Copyright © 2002, 2001, 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
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