Meanings
How to pronounce "even money":
AU
A bet which offers odds of 1 to 1.
By extension, an event that is somewhat likely to happen, but far from inevitable.
Example Sentences
1
I'm not sure who will win the race, it's even money between the two competitors.
2
The chances of getting into the popular restaurant are even money.
3
The game could go either way, it's even money at this point.
4
I'm willing to bet even money that it will rain tomorrow.
5
The odds of winning the lottery are not even money, they are extremely low.