An even money bet means that if you place a bet and win you’ll receive your stake back and winnings of the same value of that stake. The odds for an even money bet can be look like this depending on the odds format you choose:

• Moneyline +100
• Fractional     1/1
• Decimal        2.0

Even money bets are sometimes referred to as 50/50 bets.

In the example image above, if you bet on Wisconsin $100, your payout will be $100 plus the risk for a total of $200.