Mar 19, 2021 17:47
3 yrs ago
61 viewers *
English term

even money

English Other Games / Video Games / Gaming / Casino Blackjack
The context is in Blackjack rules:

After each player has their turn, the dealer will turn over the hole card. The dealer will draw cards as long as their hand total is 16 or less. If the dealer has 17 to 21, they will stand. If the dealer goes over 21, then any player who didn't already bust will win.
If the dealer does not bust, then the higher hand between the player and dealer will win.

Winning wagers pay even money, except a winning player blackjack which pays 3 to 2.

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Does "even money" here mean the Player got the same amount as his bet?
For example, if a player bets $100 he will get $100?
Responses
3 +3 1 to 1
Votes to reclassify question as PRO/non-PRO:

Non-PRO (1): Yvonne Gallagher

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Discussion

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Kiet Bach Mar 21, 2021:
Thank you, William. A clearer explanation would be: "The winning player wins the same amount as the amount he bets."
airmailrpl Mar 19, 2021:
even money e·ven mon·ey
/ˈēvən ˈmənē/
Learn to pronounce
noun
noun: even money

(in betting) odds offering an equal chance of winning or losing, with the amount won being the same as the stake.
"players bet on each throw for even money"
William Bowley Mar 19, 2021:
@Anthony and Kiet:

It looks like you've both got the idea, but the wording of your posts is awkward and could be confusing. (specifically the use of 'gets'). Kiet's 1:1 is correct but the explanation is potentially unclear.

To simplify, the player wins the same as his bet, and that is added to his original bet. So at even money, if he wins 100 from a 100 bet, he now has 200. He doesn't get 100 but he wins 100. I hope that clarifies things.

Responses

+3
26 mins
Selected

1 to 1

From the context, the last part of the sentence is "3 to 2", so "even money" should mean "1 to 1". I think you are right, the winning player gets the same amount as he bets.
Peer comment(s):

agree William Bowley : 1:1 is correct, as the player wins the same as his bet (see my discussion post)
11 mins
Thank you!
agree David Hollywood : ok
4 hrs
Thank you!
agree Cilian O'Tuama : The odds are even. If you bet $X and win, you get $X back plus your initial $X.
4 days
Thank you!
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4 KudoZ points awarded for this answer.
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