# AEW Double or Nothing

AEW Double or Nothing is a professional wrestling pay-per-view (PPV) event produced by All Elite Wrestling (AEW). Established in 2019, it is held annually in May during Memorial Day weekend. The inaugural Double or Nothing was also the first PPV as well as the first event produced by AEW. It is also considered one of the "Big Five" PPVs for AEW, along with All In, All Out, Full Gear, and Revolution, the company's five biggest shows produced annually; until 2023, it was considered AEW's marquee event before being supplanted by All In.
The name Double or Nothing was originally referenced in a promo that Cody Rhodes made immediately after the September 2018 All In event, which was an independently produced PPV that came as a result of a bet with wrestling journalist Dave Meltzer. Rhodes, a key figure behind the original All In who would become a co-founder and wrestler for AEW from 2019 to 2022, said "I know when you make a bet, sometimes you go double or nothing"—AEW was then founded in January 2019 with Double or Nothing as its first event that May. The name is also a reference to its Las Vegas/casino theme, as the event was traditionally held at arenas on the Las Vegas Strip in Paradise, Nevada until 2025. The exceptions to this during this time were the 2020 and 2021 events, which were originally scheduled for Vegas but had to be held at Daily's Place in Jacksonville, Florida due to the COVID-19 pandemic—after Florida loosened its COVID-19 protocols, the 2021 event was AEW's first PPV to have a full capacity crowd, as well as the final PPV held at Daily's Place before AEW resumed live touring in July that year. The 2025 event will be the first non-pandemic era Double or Nothing to be held outside of Vegas, as it will be held at the Desert Diamond Arena in Glendale, Arizona, but still maintaining a casino theme due to the venue's connection to Desert Diamond Casinos.
Since the 2020 event, Double or Nothing has featured a specialized tornado tag team match between two multi-man teams as one of its marquee matches, oftentimes the main event. For 2020 and 2021, this was the Stadium Stampede match. To capitalize on the rise of cinematic matches during the pandemic, both year's events were headlined by the Stadium Stampede match, which was contested in both Daily's Place and the adjacent TIAA Bank Field stadium. With the return to touring, the 2022 event replaced Stadium Stampede with Anarchy in the Arena with the wrestlers fighting all throughout the host venue.

## History

After the success of the September 2018 All In event, an independent professional wrestling pay-per-view (PPV) event that came as a result of a bet with wrestling journalist Dave Meltzer, a group known as The Elite (Cody, The Young Bucks, and Kenny Omega), the driving forces behind the event, used the positive response from All In to pursue further events with backing of businessmen Shahid Khan and Tony Khan. In a promo after All In, Cody said "I know when you make a bet, sometimes you go double or nothing". On November 5, 2018, several trademarks were filed in Jacksonville, Florida, among them were "All Elite Wrestling" and "Double or Nothing", leading to speculation of the formation of a professional wrestling promotion and the name of its first event.
On January 1, 2019, All Elite Wrestling (AEW) was officially founded. Along with the announcement, the promotion's inaugural event, Double or Nothing, was scheduled to air on PPV during Memorial Day weekend on May 25, 2019, at the MGM Grand Garden Arena on the Las Vegas Strip in Paradise, Nevada, with the event taking on a Las Vegas theme. Double or Nothing would become considered AEW's marquee event, with AEW president Tony Khan later referring to the event as being one of the promotion's "big four" PPVs, their four biggest shows of the year produced quarterly, along with All Out, Full Gear, and Revolution. With All In becoming one of AEW's annual events in 2023, it supplanted Double or Nothing as AEW's marquee event, and overall biggest event of the year, with the previous "big four" plus All In becoming the "big five".
While AEW had planned to again host the 2020 event at the same location on May 23 that year, the venue canceled all events up through May 31 due to the COVID-19 pandemic. In response, the promotion announced that the 2020 event would still proceed as planned (which occurred at Daily's Place and the TIAA Bank Field stadium in Jacksonville, Florida), while also confirming that a third Double or Nothing would emanate from the MGM Grand Garden Arena on May 29, 2021. However, due to the ongoing pandemic, the 2021 event was again held at Daily's Place and was moved back a day to May 30. AEW resumed live touring in July, thus the 2021 Double or Nothing was the promotion's final PPV held at Daily's Place during the pandemic. It was also the company's first show to run at full venue capacity during the pandemic after Florida loosened its COVID-19 protocols.
In December 2021, it was confirmed that the 2022 Double or Nothing would return the event to Las Vegas, and it would be held at the T-Mobile Arena. It was also announced that the event would host the finals of the inaugural Owen Hart Cup. The 2023 event was also held at the same arena on May 28 that year. On March 27, 2024, it was announced that after five years, the 2024 event would return Double or Nothing to the MGM Grand Garden Arena on May 26 that year.
On February 19, 2025, it was announced that the 2025 Double or Nothing was scheduled for May 25, 2025, at the Desert Diamond Arena in Glendale, Arizona, ending the promotion's tradition of holding the event in the Las Vegas area. The venue shares its namesake with Desert Diamond Casinos, allowing Double or Nothing to keep its casino theme.

## Events

| No. | Event | Date | City | Venue | Main Event |
| 1 | Double or Nothing (2019) | May 25, 2019 | Paradise, Nevada | MGM Grand Garden Arena | Chris Jericho vs. Kenny Omega to determine who would challenge for the inaugural AEW World Championship at All Out |
| 2 | Double or Nothing (2020) | May 23, 2020 | Jacksonville, Florida | Daily's Place TIAA Bank Field | Matt Hardy and The Elite (Adam Page, Kenny Omega, Matt Jackson, and Nick Jackson) vs. The Inner Circle (Chris Jericho, Jake Hager, Sammy Guevara, Santana, and Ortiz) in a Stadium Stampede match |
| 3 | Double or Nothing (2021) | May 30, 2021 | Jacksonville, Florida | Daily's Place TIAA Bank Field | The Inner Circle (Chris Jericho, Jake Hager, Sammy Guevara, Santana, and Ortiz) vs. The Pinnacle (MJF, Shawn Spears, Wardlow, Cash Wheeler, and Dax Harwood) in a Stadium Stampede match |
| 4 | Double or Nothing (2022) | May 29, 2022 | Paradise, Nevada | T-Mobile Arena | "Hangman" Adam Page (c) vs. CM Punk for the AEW World Championship |
| 5 | Double or Nothing (2023) | May 28, 2023 | Paradise, Nevada | T-Mobile Arena | Blackpool Combat Club (Bryan Danielson, Jon Moxley, Claudio Castagnoli, and Wheeler Yuta) vs. The Elite (Kenny Omega, Matt Jackson, Nick Jackson, and "Hangman" Adam Page) in an Anarchy in the Arena match |
| 6 | Double or Nothing (2024) | May 26, 2024 | Paradise, Nevada | MGM Grand Garden Arena | The Elite (Matthew Jackson, Nicholas Jackson, Kazuchika Okada, and Jack Perry) vs. Team AEW (Darby Allin, Bryan Danielson, Dax Harwood, and Cash Wheeler) in an Anarchy in the Arena match |
| 7 | Double or Nothing (2025) | May 25, 2025 | Glendale, Arizona | Desert Diamond Arena | TBD |
| (c) – refers to the champion(s) heading into the match |||||||