Gambling

/ˈɡæmbəlɪŋ/

Meaning & Definition

noun

The practice of risking money or valuables on the outcome of a game, contest, or event.

Gambling can lead to significant financial losses if not approached responsibly.

The act of playing games of chance for stakes.

He has always enjoyed gambling at the casino during holidays.

A situation involving risk or uncertainty, often referred to metaphorically.

Investing in startup companies can be seen as gambling due to its unpredictable nature.

Derived from the Middle English word 'gamblen', meaning 'to play'.

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.

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.

Rolling the dice

We’re rolling the dice tonight at the casino.

Cash out

I think I'm going to cash out before I lose all my money.