A method of playing a game of chance wherein at least one first wager and at least one second wager are placed by a player. In response to said first and second wagers, at least one first set of game indicia are distributed and evaluated according to a first set of game rules. If at least a predetermined number of said first set of game indicia result in a losing outcome, a second chance of winning is provided to the player in two different manners: a) distributing at least one second set of gaming indicia, which are evaluated according to a second set of game rules, said second set of game rules may be identical to the first set of game rules; or b) evaluating the at least one first set of game indicia by applying a third set of game rules.