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Double or Nothing
general'Double or Nothing' is a type of wager where the outcome is either the doubling of a previous loss or the cancellation of that debt. It's a high-stakes bet often made by a player who has just lost a wager, in an attempt to recoup their losses in a single bet.
Key Takeaways
- 1'Double or Nothing' is a type of wager where the outcome is either the doubling of a previous loss o
Double or Nothing
'Double or Nothing' is a type of wager where the outcome is either the doubling of a previous loss or the cancellation of that debt. It's a high-stakes bet often made by a player who has just lost a wager, in an attempt to recoup their losses in a single bet.
Example
After losing a $50 bet, a player might propose a 'double or nothing' on the next hand of blackjack. If they win, they owe nothing; if they lose, they now owe $100.
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