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double or quits

   Also found in: Medical, Legal, Encyclopedia, Wikipedia 0.01 sec.
double or quits
n
(Group Games / Gambling, except Cards) a game, throw, toss, etc., to decide whether the stake due is to be doubled or cancelled


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At its core, Nama is a EUR90billion double or quits gamble by Fianna Fail on the property market - a EUR22,500 bet for every man, woman and child in this country.
David's prize is pounds 25 of William Hill vouchers and he is not going double or quits.
It took place at the meeting at the BSPA in Rugby, and followed on from a joke the pair had shared about tossing a coin for double or quits on a cheque Coventry owed the Eastbourne and Swindon owner.
 
 
 
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