Gamble

/ˈɡæm.bl/

Meaning & Definition

noun
An act of gambling, especially involving money or stakes.
His latest gamble at the casino paid off big time.
A risky or speculative course of action.
Starting a new business without a solid plan is a major gamble.
verb
To take risky action in the hope of a desired result, especially in the context of playing games of chance for money.
He decided to gamble his savings on a horse at the racetrack.
To engage in risky behavior that may lead to a loss or failure.
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

Roll the dice
Life is all about rolling the dice to see where you land.
Take a chance
You should take a chance on that investment.