What does two-to-one mean?

two-to-one

Word Rarity Common

Frequency: 5.93 in modern English

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noun

The pawnbroker's sign of three balls.

British usage; Obsolete; Slang

"“A pawnbroker!” cried Dick, with a loud laugh; whereupon the two-to-one lady blushed up to the eyes and whispered to her friend, “How could they know us?”"
"A song I'm going to sing you, / And presently I'll bring you, / Where your conscience I hope won't sting you, / — At the sign of the Two-to-one!"

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