A bet or wager.
I had a gamble on the horses last weekend.
A significant risk, undertaken with a potential gain.
A risky venture.
The sailors had taken many gambles with the sea and always won.
To take a risk, with the potential of a positive outcome.
To play risky games, especially casino games, for monetary gain.
Mark won half a million dollars gambling on horses.
A surname from Old Norse.
From earlier gamel, from Middle English *gamlen, *gamelen, variant of Middle English gamenen, from Old English gæmnian, gamnian, gamenian (“to joke; play”), related to Old English gamen (“joy; mirth; ...
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To risk (something) for potential gain.
He gambled his reputation on the outcome.