Double or Nothing
A bet that either doubles or reduces the amount of money won to zero.
"Double or Nothing" is a gambling term that refers to a wager or bet where a player has the opportunity to either double their winnings or lose everything they have bet. This concept is commonly used in various games and betting scenarios, including card games, sports betting, and casino games.
In a typical "Double or Nothing" scenario, a player might be given the chance to risk their current winnings on a subsequent bet, often with a 50/50 chance of winning. If they win, their total amount is doubled; if they lose, they forfeit their original stake or winnings. This term emphasizes the high-risk, high-reward nature of such bets and is popular among players looking to maximize their potential gains.
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