To gamble is also to do something that you think is worth doing although it might not succeed or you might lose money: GAMBLE definition: 1. gamble meaning, definition, what is gamble: to risk money or possessions on the resu: Learn more. to bet; to take a chance on; venture; hazard; speculation; flyer: I’ll take a gamble on the chance that I’ll win. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. Dec 12, 2025 · Gambling is the betting or staking of something of value, with consciousness of risk and hope of gain, on the outcome of a game, a contest, or an uncertain event whose result may be determined by chance or accident or have an unexpected result by reason of the bettor’s miscalculation. When you gamble, you take a risky chance on something. The meaning of GAMBLE is to play a game for money or property. Gamble definition: To take a risk in the hope of gaining an advantage or a benefit. to wager or risk (money or something else of value): to gamble one's freedom. Define gamble.