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English definition of “gamble”

gamble

verb     /ˈɡæm.bl̩/
[I] to do something that involves risks that might result in loss of money or failure, hoping to get money or achieve success: Anyone who gambles on the stock exchange has to be prepared to lose money.Taking risksGambling and bookmaking C2 [I or T] to risk money, for example in a game or on a horse race: I like to gamble when I play cards - it makes it more interesting. He gambles on the horses (= horse races). He gambled away all of our savings.Gambling and bookmakingTaking risks
(Definition of gamble verb from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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