Meaning & Definition of word "Gamble"

Gamble

/ˈɡæm.bl/

noun:

  • 1. An act of gambling, especially involving money or stakes.
    • Example: His latest gamble at the casino paid off big time.
  • 2. A risky or speculative course of action.
    • Example: Starting a new business without a solid plan is a major gamble.

verb:

  • 1. To take risky action in the hope of a desired result, especially in the context of playing games of chance for money.
    • Example: He decided to gamble his savings on a horse at the racetrack.
  • 2. To engage in risky behavior that may lead to a loss or failure.
    • Example: It's a gamble to invest in such a volatile market.

Etymology

Origin of the word 'gamble' is from Middle English 'gamen' meaning to play.

Common Phrases and Expressions

gamble away:

To lose something valuable through gambling.

high stakes:

Involving a lot of risk or potential loss.

in for a penny, in for a pound:

If you are going to take a risk, you might as well take a bigger one.

Related Words

bet:

To risk something on the uncertain outcome of an event.

wager:

An agreement between parties to risk something on the result of an event.

Slang Meanings of gamble

Meaning: Roll the dice

Example Sentence: Life is all about rolling the dice to see where you land.

Meaning: Take a chance

Example Sentence: You should take a chance on that investment.