Definition, Meaning & Synonyms

double-or-nothing

phrase
ˈdʌb.əl ɔr ˈnʌθ.ɪŋ
Definition
A type of bet or gamble where the stakes can either double or result in a total loss.
Examples
  • If I win the next round, I’ll double-or-nothing on the final bet.
  • He offered a double-or-nothing deal to his friend, risking all their winnings on the last game.
  • In poker, players sometimes go for a double-or-nothing strategy when they’re feeling lucky.
Meaning
The term refers to a situation where you either win twice the amount you originally wagered or lose everything you bet.
Synonyms
  • all-or-nothing
  • risk it all
  • dare-all