Even money

Especially in betting games, the full payout of the wagered amount minus a management fee in case of a win (one-to-one payout on the wager, but usually with the exception that the bank takes a 5 percent).

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/