Crossword Genius

50-50 odds (5)

Ross

I believe the answer is:

evens

'50-50 odds' is the definition.
(I've seen this before)

This is all the clue.

(Other definitions for evens that I've seen before include "less likely than 27 [ODDS-ON]" , "Odds on something very likely to win" , "Odds that win identical sum as the stake" , "Makes equal" , "Kind of betting odds on seven" .)

I've seen this clue in The Independent.
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