Three. It seems that it could almost be either, but if you follow the mathematical orders of operation, division is performed before addition. So... half of two is one. Then add two, and the answer is three.
Even though the odds are always in favor of the gambling house, why does the establishment insist on a house limit on stakes?
Every casino in the world would go bankrupt without a house limit on stakes. Without it, gamblers would keep doubling their stakes until they won. No matter how bad a losing streak they were on, they would eventually win. For more information, search: Martingale