Posted by Gary Martin on October 24, 2000
In Reply to: Double-or-nothing posted by BB on October 24, 2000
: could somebody please give me the definition of double-or-nothing and an example of a situation which would show how you would use the phrase.
Double or nothing or, more usually in the UK, double or quits refers to the outcome of a bet or challenge. Say that I bet you £10 that I can beat you at arm wrestling: if you win I might offer double or quits, i.e. we go again and I give you £20 if you win and I owe you nothing if you win.