If f(x)=f(−x) for every x in the domain of f then f is an even function.
For example, f(x)=x2 is even because for every x f(−x)=(−x)2=x2=f(x).
If f(−x)=−f(x) for every x in the domain of f then f is an odd function.
For example, f(x)=x5 is odd because for every x f(−x)=(−x)5=−x5=−f(x).
Consider graph of the two functions: y=x2 and y=41x3.

Since y=x2 is even function then we draw it on interval (0,∞) (red solid line) and then reflect it about y-axis (red dashed line)
Since y=41x3 is odd function then we draw it on interval (0,∞) (purple solid line) and then reflect it about origin (purple dashed line). In other words we rotate graph 1800 counterclockwise.
Example 1. Determine whether function y=x21 is even or odd.
Since f(−x)=(−x)21=x21=f(x) then function is even.
Example 2. Determine whether function y=x3−x is even or odd.
Since f(−x)=(−x)3−(−x)=x3+x=−(x3−x)=−f(x) then function is odd.
Example 3. Determine whether function y=x3+x2 is even or odd.
Since f(−x)=(−x)3+(−x)2=−x3+x2 then f(−x)=f(x) and f(−x)=−f(x). This means that function is neither even, nor odd.