“Double down” comes from blackjack, where you double your bet after seeing your...
https://wiki-dale.win/index.php/Hedge_Your_Bets_Meaning:_Finance_vs_Everyday
“Double down” comes from blackjack, where you double your bet after seeing your first two cards, betting bigger on a strong hand. Many learners misuse it to mean ‘try twice’—it’s really about committing more when you’re confident, not repeating an action.