1-1: only in second half is eleven beaten badly (2,4,3)
I believe the answer is:
an even bet
'1-1' is the definition.
(1-1 is even betting odds)
'only in second half is eleven beaten badly' is the wordplay.
'only in second half' suggests halving the letters.
'badly' indicates an anagram.
'eleven' halved is 'ven'.
'ven'+'beaten'='venbeaten'
'venbeaten' anagrammed gives 'AN EVEN BET'.
I've seen this clue in The Guardian.
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