What Does ‘Evens’ Mean in Betting?
Evens (abbreviated as “Evs” or “Ev”) means that a bet is at even money. It is when the amount that a bettor stands to win is equal to the amount they wager.
What are ‘Evens’ Odds?
Evens will be displayed as +100 or -100 in American odds, 1/1 in fractional odds or 2.00 in decimal odds. If you placed $10 on an outcome that had even odds, your payout would be $20 ($10 profit and $10 stake returned)
It implies that the outcome has the same chance of happening as it does of not happening and can often be the favorite depending on the sport and the circumstances.