double or nothing

All-or-zero bet

Double or nothing is a wager where the loser of a previous bet can risk what they owe on another chance—winning erases the debt entirely, losing doubles it.

The phrase extends to any high-stakes gamble with only two outcomes: I went double or nothing on the last hand and lost everything.

Also called double or quits.

Opposites
risk level

double or nothingsafe bet

Likely winning wager

sure thing · risk-free · security · playing it safe · insurance

betting strategy

double or nothingcash out

Convert assets to money

walk away · cut your losses · slow and steady · play it safe · hedge

outcome structure

double or nothingsplit the difference

Agree on midpoint amount

compromise · middle ground · break even · push · status quo

Family

double, nothing, doubled, doubles, doubling, doubly, redouble, redoubled, redoubling

Familiarity
Top 50,000
Profile
Known to kids · Used worldwide · Timeless · Abstract · Everyday, not technical · Rated G