In sports betting and wagering terminology, the abbreviation EVS (or evens) stands for even money. This signifies a betting odd where a successful wager returns a net profit exactly equal to the initial stake placed. For example, a $10 bet placed at even money (EVS) yields a $10 profit, resulting in a total payout of $20. It represents a 1/1 fractional payout or +100 in American odds notation.