double or quits

British  

noun

1. a game, throw, toss, etc, to decide whether the stake due is to be doubled or cancelled

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Example Sentences

The two weren't done, though, settling the friendly competition with a "double or quits" axe-throwing contest.

From Golf Digest • Oct. 4, 2019

It presents him with a classic game of double or quits.

From BBC • Nov. 20, 2012

It appeared that the surviving brother was going for that "nameless grave" on the principle of double or quits.

From Between the Dark and the Daylight by Marsh, Richard

If you gave me three, I could easily imagine that I should toss up with another fellow who had three also, double or quits, till I lost them all.

From An Old Man's Love by Trollope, Anthony

"All right," said Marnham, "but let it be for double or quits."

From Finished by Haggard, Henry Rider