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English definition of “gamble”

gamble

verb    /ˈɡæm·bəl/
to risk losing money in the hope of winning a lot more money , esp . if the result of a future event happens as you hope : [I] Some people like to gamble even though the odds are against them. [M] He gambled away most of his money . To gamble is also to do something that you think is worth doing although it might not succeed or you might lose money : [+ that clause] We’re gambling that enough people will show up at the concert to cover our expenses . gamble    /ˈɡæm·bəl/ noun [C usually sing] Starting up a new business is always a gamble. gambling    /ˈɡæm·blɪŋ/ noun [U] Gambling in the form of state lotteries is used to raise money for education .
(Definition of gamble verb from the Cambridge Academic Content Dictionary © Cambridge University Press)
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