There are plenty of betting options coming up, which is attributed to the many punters betting on sports. One such market is evens betting. It is one of the simplest bets, and it is the reason it has gained so much popularity. Consequently, punters and bookmakers have embraced it and used it for a while now.
In this post, we investigate the evens bet and how you can use it for the best results.
What Does Evens Mean in Betting
Evens betting involves placing a bet on odds of 2.00. With this, you will have a 50/50 chance of winning the bet. The odds are represented as either 2.0 or 1/1.
The EVS market, as it is abbreviated, is used in many sports. You will find it in football, tennis, basketball, and NFL among others. The potential win from the even bet is equal to your stake.
For example, if you were to stake 50EUR on a match between Tottenham and Manchester City; you potentially have 100EUR after a win or lose 50EUR (your stake).
Making an evens bet is similar to flipping a coin. The probability of landing a tail or head is 50%.
Best Evens Betting Markets
Evens betting is common in sports like football, rugby, cricket, and golf. But, these sports have a variety of markets that may be suitable for evens betting. For this reason, this section discusses some of the best markets for even betting. Here they are:
The money line is the most basic type of bet in any sport. This market only includes the odds, which makes it easy for you to calculate your potential win. This is why we consider it one of the best markets to use on evens betting.
The Moneyline is a common market in MLB, NFL, NHL, and NBA, among many other sports.
With totals bet, you will bet on players’ total points in a game. A few examples of such include the total corners, points, and cards. When predicting the over/under in totals, it is possible to make an evens bet.
A relatively low spread of 2.5 to 6.5 points produces chances nearly equal to an evens bet in competitive matches. As a result, you can wager on the favourite at odds of 1.90, 1.95, or even 2.00 to win. Finding even odds is simpler if you wager on Asian lines.
An example would be the Asian Handicap +2.0 on Bayern playing Inter Milan, which pays out at 2.090, while the odds for the visitors are 1.840.
When to Bet Evens
By now, you know what is evens in betting. Let’s have a look at the various instances where you can use evens betting.
When using a betting system
Most punters will use betting systems to maximize their winnings. It is possible to use evens betting together with a betting system strategy for better house edge. For example, if you use Labouchere or the Martingale, you will need to stake on at least odds of 2.0 and above. In a match between Liverpool and Napoli, you must ensure there are odds of at least 2.0 to use the Martingale betting system.
In live betting, it becomes easy to cover the bets if your odds are higher than 2.00. Assuming you placed a bet on Inter Milan to win on odds of 3.00, you could make use of the cash out feature when the odds hit 2.00.
Arbing on 2-way markets
Arbing on a 2-way market requires you to back your first bet at even odds or bigger odds. If you must go with this as your betting strategy, bet on evens.
Evens Betting Odds Calculating
Calculating the odds on the evens betting is easy, and you will not need a calculator for this. To understand how to go about the calculation, let us consider an example of a match between Man City and Fulham. If you bet 10EUR on Man City to beat Fulham at odds of 2.0, you are looking at a possible return of 10EUR x 2.0 = 20EUR. Your return is 10EUR.
When converted into other odds formats, you will get the evens betting in the following formats:
- 👉 Decimal: 2.0
- 👉 American odds: +100
In conclusion, doubling your bet through evens betting is a great idea. For this reason, the bet is becoming popular every day as more punters embrace it. However, it is not a guarantee that you will win. But if you do, you get an amount equal to your original stake.
To ensure you enjoy this bet, conduct comprehensive research on your probability of winning the bet. All in all, evens betting is worth a try.
Is evens betting a profitable strategy?
Yes, evens betting is a profitable strategy. However, there is no guarantee of winning.
Where can you find the best evens bet of the day?
You can try evens bet of the day on bookmakers in our listing.
What does evens mean in betting?
This type of betting involves making bets on sporting events with odds of 2.00.
What does evens mean in betting odds?
In betting odds, evens mean 2.0 odds.