Meaning & Definition of word "Gambling"
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Gambling
/ˈɡæmbəlɪŋ/
noun:
- 1. The practice of risking money or valuables on the outcome of a game, contest, or event.
- Example: Gambling can lead to significant financial losses if not approached responsibly.
- 2. The act of playing games of chance for stakes.
- Example: He has always enjoyed gambling at the casino during holidays.
- 3. A situation involving risk or uncertainty, often referred to metaphorically.
- Example: Investing in startup companies can be seen as gambling due to its unpredictable nature.
Etymology
Derived from the Middle English word 'gamblen', meaning 'to play'.
Common Phrases and Expressions
high stakes:
Referring to gambling games where a large amount of money is at risk.
playing the odds:
Making decisions based on the probabilities of outcomes.
house edge:
The advantage that a casino has over players in gambling.
Related Words
bet:
To risk something, usually money, on the outcome of a game or event.
jackpot:
The grand prize in a game of chance, typically a lottery or slot machine.
casino:
A facility for certain types of gambling.
Slang Meanings of gambling
Meaning: Rolling the dice
Example Sentence: We’re rolling the dice tonight at the casino.
Meaning: Cash out
Example Sentence: I think I'm going to cash out before I lose all my money.