What does “no dice” mean?

used to show that you refuse to do sth, or that sth cannot be done

How is “no dice” used?

In Toy Story 4 (2019), one line is: “- No dice. Rejected. - Duke, Duke, you got this.”

The clip at the top of this page is from Toy Story 4 (2019).

- No dice. Rejected. - Duke, Duke, you got this.

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