From Longman Dictionary of Contemporary Englishevense‧vens /ˈiːvənz/ noun [uncountable] British English technical DSHwhen there is an equal chance that an animal or person will win or lose a race, and the money that someone can win by betting on the race is the same as the amount they risk —evens adjective the evens favourite
Examples from the Corpus
evens• Incidentally the odds on the hunted fox being killed are about evens.• The element R which made recombination possible has an evens chance of emerging attached to a perfect message.• Peter Chapple-Hyam's colt was virtually unopposed in the market, shortening up to 4-6 favourite after opening at evens.• But most everything evens out during the summer drought.• William Hill quote Scudamore at the seemingly generous price of evens to reach 200 again this time.