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A thrower balances two pennies on two outstretched fingers and then 5️⃣ tosses them high in the air to see how they land. The thrower wins with double heads and loses with 5️⃣ double tails. Other men in the crowd cover his bets (bet against him), with a "boxer" handling the money and 5️⃣ keeping track of the bets.
Two-up - Wikipedia
The key to the 2 Odds Betting Strategy like most betting strategies 5️⃣ is to be able to identify value. That means finding situations where the true chances of something happening 5️⃣ are actually above 50%, but you are getting odds of 2.0 meaning you have intrinsic value in your bet.
Unlocking Success: 5️⃣ Mastering the 2 Odds Betting Strategy