The loser of the bet has the right to call “double or nothing” when a bet is lost. The previous bet is doubled and the winner can win twice that amount. A double or nothing call must be honored and accepted without question.
Eric: a win the bet, you owe me 10!
Vito: aww man, good bet! I declare double or nothing!
Eric: I don’t accept
Vito: you have to! It’s the rules
Eric: oh snap! You’re right! I’ll take under 40 for Jokic tomorrow
Vito: sounds good bro
Vito: aww man, good bet! I declare double or nothing!
Eric: I don’t accept
Vito: you have to! It’s the rules
Eric: oh snap! You’re right! I’ll take under 40 for Jokic tomorrow
Vito: sounds good bro
by Betting Official September 24, 2020
A suicide pact between two people.
by darkcalc October 31, 2018
Colvin bets Josh in a game for $10. Colvin loses and then calls “double or nothing”. At this point Josh must accept the bet or he receives nothing. However if he does accept it then he will be playing for $20 and Colvin will be playing for $10.
by Humble Beast April 11, 2018