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孤gū注zhù一yī掷zhì

Literal
a lone stake, in one throw
Figurative
To stake everything on a single risky throw, often out of desperation; it suggests recklessness rather than the resolve of 破釜沉舟.

Where does 孤注一掷 come from?

It comes from the 《宋史》, from the biography of the chancellor Kou Zhun. In the early eleventh century, facing a Khitan invasion, Kou Zhun persuaded Emperor Zhenzong to go in person to the front at Chanzhou, and the campaign ended in a peace treaty. His rival Wang Qinruo later told the emperor that a gambler who has lost nearly everything bets all he has left at once, and that this is called 孤注: at Chanzhou, the emperor had been Kou Zhun's stake. From then on the emperor's favor cooled, and Kou Zhun was eventually removed from office. Today it describes risking everything on a single play.

Source (出处): 《宋史·寇准传》

How is 孤注一掷 used? Two examples

  • 他tā把bǎ房fáng子zi抵dǐ押yā了le去qù炒chǎo股gǔ,想xiǎng孤gū注zhù一yī掷zhì翻fān本běn,结jié果guǒ全quán赔péi了le。

    He mortgaged the house to play the stock market, gambled everything on winning his losses back, and lost it all.

  • 他tā连lián续xù三sān年nián没méi考kǎo上shàng,今jīn年nián孤gū注zhù一yī掷zhì,只zhǐ报bào了le一yī所suǒ名míng校xiào,别bié的de都dōu没méi报bào。

    He's failed to get in three years running, and this year he's gone all in: he applied to one top university and nowhere else.

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