Songfacts®:

• This is a track from Alesana's The Decade EP, which was released in celebration of their tenth anniversary as a band. Vocalist Shawn Milke explained this song's meaning to Artist Direct: "It's the idea of sitting at a poker table at three in the morning," he said. "You're about to run out of your money, and you decide to double up anyway."
  
  "It's about us making our decision to leave home and start touring," Milke added. "We had become pretty popular in our hometown, and we thought, 'Maybe we could be popular in other cities?' We knew we didn't want to do anything half-assed. If we were going to do it, we were going to do it for real. The idea of 'Double or Nothing' is, 'Here it goes. We're either going to succeed or we're going to fail, but we're going to die trying.'"