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1. A rejection or refusal.

2. An explanation that something did not occur.

In either instance, "no dice" is used to indicate that there is no chance or probability of the event happening. Dice represents the likelyhood of whatever item taking place (by the roll of the die), and not having dice means that there is not even a slim chance.
1.
Boy: Will you go out with me?
Girl: No dice. (No chance in hell.)

2.
"I was hoping that I would run into her at the park, but no dice." (She was not at the park, therefore there was never any possibility.)
by Chika January 06, 2007
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3
An outright refusal, denial or rebuttal; essentially, shorthand for 'no fucking way'.
Joe: Hey Johnboy, can I borrow a cigarette?
Johnboy: No dice!
by The-Observatory.net September 19, 2004
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4
Can mean
1)don't agree
2)not happening
1) Hey man you wanna go smash that mailbox? No Dice
2)Hey, party at your house tonite. No Dice
by j/a June 29, 2003
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5
Asking for something and not receiving it.
Hey ma I want some cookies?
No Dice!
Dis ain't ova
by bronson September 08, 2003
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6
Can mean
1: Not going to happen
2: Not allowed to try
3: Not being given the go-ahead
4: Not allowed to use your throw in Backgammon (and possibly other games)

Example of antonym: "green light"
1a: Sure we shouldn't bring this to trial?
1b: No dice

2a: May I try to beat your highscore?
2b: No dice

3a: Permission to follow?
3b: No dice

4: No dice, it landed on the tip.
by Lazareth Link February 10, 2005
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