Query: What does a 1 to 1 payout mean?
Context: A 1 to 1 payout means if you win you get the same amount you wagered over and above your bet. Say for instance you place a $10 bet and win, you will get $20 in winnings. That is , the $10 you wagered plus another $10. Simply put a 1 to 1 payout means your winnings are double your initial bet.