Pricing & mathsGlossary
Evens
Also known as: EVS, 1/1, Pick
Odds where stake and profit are equal: 1/1 fractional, 2.00 decimal, +100 American. A £10 bet at evens returns £20 (£10 stake + £10 profit). Implied probability is 50% before margin. The dividing line between odds-on (probability >50%) and odds-against (probability <50%) markets.