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  1. #1
    Unique Vintage Steel cuda2k's Avatar
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    Define the term: Double or Nothing

    Wife and I are having a disagreement over this. Let's let foo make the call.
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  2. #2
    Hey guyz? Guyz? Wait up!! Siu Blue Wind's Avatar
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    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.
    Quote Originally Posted by Buddha
    We are what we think. All that we are arises with our thoughts. With our thoughts, we make the world.
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  3. #3
    Senior Member skiahh's Avatar
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    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.
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  4. #4
    Senior Member randya's Avatar
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    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?

  5. #5
    Unique Vintage Steel cuda2k's Avatar
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    Quote Originally Posted by skiahh View Post
    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.





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  6. #6
    Prefers Cicero cooker's Avatar
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    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.

  7. #7
    Hey guyz? Guyz? Wait up!! Siu Blue Wind's Avatar
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    Quote Originally Posted by skiahh View Post
    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??
    Quote Originally Posted by Buddha
    We are what we think. All that we are arises with our thoughts. With our thoughts, we make the world.
    Quote Originally Posted by making View Post
    Please dont outsmart the censor. That is a very expensive censor and every time one of you guys outsmart it it makes someone at the home office feel bad. We dont wanna do that. So dont cleverly disguise bad words.

  8. #8
    Prefers Cicero cooker's Avatar
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    some of you beat me to the punch, but at least my response was at 12:19 on 12/19

  9. #9
    Unique Vintage Steel cuda2k's Avatar
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    Happyfeet will be by momentarily...
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  10. #10
    Senior Member randya's Avatar
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    Wall Street

  11. #11
    Unique Vintage Steel cuda2k's Avatar
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    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.

    Quote Originally Posted by Siu Blue Wind View Post
    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.
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  12. #12
    ( 8n(|) DOH!! Pwnt's Avatar
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    It gives the loser a chance to get his/her money back on the second bet.
    _____________________________________________

    I love noodles.

  13. #13
    Senior Member skiahh's Avatar
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    Quote Originally Posted by Siu Blue Wind View Post
    HUH??
    What didn't you understand?
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  14. #14
    Senior Member randya's Avatar
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    it's a loser's bet, isn't it?




  15. #15
    Hey guyz? Guyz? Wait up!! Siu Blue Wind's Avatar
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    Quote Originally Posted by skiahh View Post
    What didn't you understand?
    You're rambling on again, skiahh. I think you've been doing too many late night laundry loads.
    Quote Originally Posted by Buddha
    We are what we think. All that we are arises with our thoughts. With our thoughts, we make the world.
    Quote Originally Posted by making View Post
    Please dont outsmart the censor. That is a very expensive censor and every time one of you guys outsmart it it makes someone at the home office feel bad. We dont wanna do that. So dont cleverly disguise bad words.

  16. #16
    Foo Penguin happyfeet's Avatar
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    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!

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

  17. #17
    Hey guyz? Guyz? Wait up!! Siu Blue Wind's Avatar
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    I think we are. But skiahh messed me up.
    Quote Originally Posted by Buddha
    We are what we think. All that we are arises with our thoughts. With our thoughts, we make the world.
    Quote Originally Posted by making View Post
    Please dont outsmart the censor. That is a very expensive censor and every time one of you guys outsmart it it makes someone at the home office feel bad. We dont wanna do that. So dont cleverly disguise bad words.

  18. #18
    Senior Member skiahh's Avatar
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    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.
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  19. #19
    Foo Penguin happyfeet's Avatar
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    Well, slap butter on my bottom and call me toast then! I guess I'm wrong. Enjoy it while you can, Cuda.

  20. #20
    ( 8n(|) DOH!! Pwnt's Avatar
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    *Grabs the butter
    _____________________________________________

    I love noodles.

  21. #21
    Hey guyz? Guyz? Wait up!! Siu Blue Wind's Avatar
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    Quote Originally Posted by happyfeet View Post
    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!!!!!!!!!!!!!!!!!!!!!!!!!!!
    Quote Originally Posted by Buddha
    We are what we think. All that we are arises with our thoughts. With our thoughts, we make the world.
    Quote Originally Posted by making View Post
    Please dont outsmart the censor. That is a very expensive censor and every time one of you guys outsmart it it makes someone at the home office feel bad. We dont wanna do that. So dont cleverly disguise bad words.

  22. #22
    Unique Vintage Steel cuda2k's Avatar
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    Quote Originally Posted by Pwnt View Post
    *Grabs the butter
    Grabs the butter from Pwnt... that's MY job. Hands off.
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  23. #23
    Foo Penguin happyfeet's Avatar
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    Quote Originally Posted by Siu Blue Wind View Post
    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.

    Anyway, I think our way is more fun!

  24. #24
    Senior Member skiahh's Avatar
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    Which is why, in my original post, I assumed YOU won and he was trying to wriggle out!
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  25. #25
    ( 8n(|) DOH!! Pwnt's Avatar
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    Just trying to help. That's what I do.....I'm a helper.
    _____________________________________________

    I love noodles.

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