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