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English definition of “gamble”

gamble

noun [C usually singular]     /ˈɡæm.bl̩/
C2 a risk that might result in loss of money or failure : Her publishers knew they were taking a gamble when they agreed to publish such an unusual novel . It was a gamble using such an inexperienced director , but it paid off (= was successful ).Dangers and threats
(Definition of gamble noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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