all-or-nothing bet

noun
UK /ˌɔːl ɔː ˈnʌθɪŋ bɛt/
US /ˌɔl ɔr ˈnʌθɪŋ bɛt/

A bet where you win everything or lose everything.

He made an all-or-nothing bet on the final race.


OTHER MEANINGS

2. A situation where total success or total failure is the only outcome.

The startup's launch was an all-or-nothing bet on the new app.

3. A financial investment that pays off fully or becomes worthless.

Buying those options was an all-or-nothing bet on the stock price.

4. A decision that leaves no room for partial success or compromise.

Quitting his job to train full-time was an all-or-nothing bet on his athletic career.