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Home > Blog > Glossary > Even Money Bet

Even Money Bet

In the context of casinos and online gambling, an even money bet is a wager with a 1:1 payout. This means that, when you win, you will be paid an amount equal to your bet.

For example, if you placed a $10 bet, then you would get $20. This figure is composed of your original $10 bet and $10 in winnings paid out by the casino.

In nearly all casino games, even money bets are the easiest to win.

Examples of Even Money Bets

  • All bets placed in blackjack (a 3:2 payout is awarded if you get a natural blackjack);
  • The following bets in roulette: Reds / Blacks, Evens / Odds, Low / High;
  • All bets in baccarat.

Even money bet:

  • A wager with a 1:1 payout.

Wager with 1 to 1 payout

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