Foo - Define the term: Double or Nothing

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cuda2k
12-18-07, 10:14 PM
Wife and I are having a disagreement over this. Let's let foo make the call. :D


Siu Blue Wind
12-18-07, 10:16 PM
On a second bet, winner gets twice the winnings of the first bet, loser gets zero.

Well wait. What did Happyfeet say? I'm agreeing with her.

skiahh
12-18-07, 10:17 PM
You've made a bet and lost. You bet double what you originally bet and if you win, you owe nothing, if she wins, she gets twice the original bet. If you go again, you win, you owe nothing. She wins, she gets FOUR times the original bet now. And so on.


randya
12-18-07, 10:17 PM
you've bet and won once. you bet a second time to either double your money or lose it all.

edit - it's an even bet for the winner, nothing means you go back to where you started; same for the loser in reverse, I guess

~confused smiley~

i think it's just about whether you look at it from the winner's or the loser's perspective?

cuda2k
12-18-07, 10:19 PM
You've made a bet and lost. You bet double what you originally bet and if you win, you owe nothing, if she wins, she gets twice the original bet. If you go again, you win, you owe nothing. She wins, she gets FOUR times the original bet now. And so on.

I like how you assume I've already lost once. Thanks. :p





:D

cooker
12-18-07, 10:19 PM
You lose a $5 bet. Instead of paying the $5, you offer to toss a coin for another $5 bet. If you lose the coin toss you will pay them $10, if you win you cancel out the original loss.

Siu Blue Wind
12-18-07, 10:19 PM
You've made a bet and lost. You bet double what you originally bet and if you win, you owe nothing, if she wins, she gets twice the original bet. If you go again, you win, you owe nothing. She wins, she gets FOUR times the original bet now. And so on.

HUH?? :eek:

cooker
12-18-07, 10:21 PM
some of you beat me to the punch, but at least my response was at 12:19 on 12/19 :)

cuda2k
12-18-07, 10:21 PM
Happyfeet will be by momentarily...

randya
12-18-07, 10:21 PM
Wall Street

cuda2k
12-18-07, 10:24 PM
Ok, here's how I understand it:

Person 1 loses a bet to Person 2. Person 1 offers a second "double or nothing" bet. If person 1 wins, they owe nothing, else they owe person 2 double the original bet. Thus, double or nothing.


On a second bet, winner gets twice the winnings of the first bet, loser gets zero.

Well wait. What did Happyfeet say? I'm agreeing with her.

oddly, I think you may agree with her. She's busily typing away in the other room.

Pwnt
12-18-07, 10:25 PM
It gives the loser a chance to get his/her money back on the second bet.

skiahh
12-18-07, 10:25 PM
HUH?? :eek:

What didn't you understand?

randya
12-18-07, 10:26 PM
it's a loser's bet, isn't it?

:o

;)

Siu Blue Wind
12-18-07, 10:27 PM
What didn't you understand?You're rambling on again, skiahh. I think you've been doing too many late night laundry loads.

happyfeet
12-18-07, 10:27 PM
OK, I had grown up playing "double or nothing" this way:

Example: Cuda and I bet on something, winner gets $50 from the loser. Cuda wins, but offers double or nothing. I take that to mean that I am absolved of my debt, and the next time we bet, winner gets $100 from the loser, regardless of if I win or he wins.

I guess I was trained wrong? At least according to Wiki. But if I had known the best I could do in a second bet was come out even, maybe I wouldn't have gone double or nothing! :p

Siu, are we on the same page? My head hurts and I can't figure it out. :)

Siu Blue Wind
12-18-07, 10:30 PM
I think we are. But skiahh messed me up.

skiahh
12-18-07, 10:31 PM
Double or nothing is for the loser... not the winner.

You only offer double or nothing if you lose the bet in order to try and come out not owing anything. So, Cuda wouldn't have (or shouldn't have!) offered that, but in any case, no, you aren't absolved of your debt until the outcome is determined by the next event.

If you accepted double or nothing and won the next event, you would owe nothing. If you lost, you would owe twice the original bet.

happyfeet
12-18-07, 10:36 PM
Well, slap butter on my bottom and call me toast then! I guess I'm wrong. Enjoy it while you can, Cuda. ;)

Pwnt
12-18-07, 10:37 PM
*Grabs the butter :D

Siu Blue Wind
12-18-07, 10:38 PM
Well, slap butter on my bottom and call me toast then! I guess I'm wrong. Enjoy it while you can, Cuda. ;)

Don't give in so EASILY!!! NOOOOOOOOOoooooooooooooooooo!!!!!!!!!!!!!!!!!!!!!!!!!!!

cuda2k
12-18-07, 10:39 PM
*Grabs the butter :D

Grabs the butter from Pwnt... that's MY job. Hands off. :p

happyfeet
12-18-07, 10:40 PM
Don't give in so EASILY!!! NOOOOOOOOOoooooooooooooooooo!!!!!!!!!!!!!!!!!!!!!!!!!!!

Well, if it's any consolation, that'll probably be the last time he'll hear me say the phrase "I was wrong" for the next decade. :D

Anyway, I think our way is more fun!

skiahh
12-18-07, 10:45 PM
Which is why, in my original post, I assumed YOU won and he was trying to wriggle out!

Pwnt
12-18-07, 11:12 PM
Just trying to help. :D That's what I do.....I'm a helper.:rolleyes:

glenng
12-18-07, 11:29 PM
Does this post require math skills? Oh nevermind

2wheeled
12-18-07, 11:38 PM
Grabs the butter from Pwnt... that's MY job. Hands off. :p

ok, but I'm bringing the camera and a large memory stick ;)

Serendipper
12-18-07, 11:43 PM
Well, slap butter on my bottom and call me toast then! I guess I'm wrong. Enjoy it while you can, Cuda. ;)


Were these the terms of the bet?:eek:


mmmm...buttered bottom...double or nothing indeed...http://i140.photobucket.com/albums/r19/Serendipper/santa.gif