'Even Money' Does Not Mean a 50/50 Chance in Gambling.
While it pays out at 1:1 odds, meaning you win the same amount you bet, the house always has an edge, making the actual probability slightly less than 50% in most casino games.

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While it pays out at 1:1 odds, meaning you win the same amount you bet, the house always has an edge, making the actual probability slightly less than 50% in most casino games.