1. To put forth all of one's energy and effort into something; to give it one's best effort; to try as hard as one can.
2. Words of encouragement.
The statistics test was really difficult, but I gave it my all anyway and ended up getting an A!
You don't have to be an athlete to run a mile -- just give it your all and you can do it!
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Literal: Telling someone to give them all of their Venezuelan Bolivars to you.
Common Definition: Something you say to someone else (usually someone you know) after you win a bet.
Friend 1: let's play blackjack, comrade.
Friend 2: OK?
Friend 1: Loser gives 10 yuan to the winner.
Friend 2: ok bro
(Friend 2 loses)
Friend 1: Yes! Let's Go! GIVE ME ALL YOUR VENEZUELAN BOLIVARS RIGHT NOW BUDDY BOI!!!