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1. Take a risk in the hope of a favourable outcome
   "When you buy these stocks you are gambling";
   - chance, risk, hazard, take chances, adventure, run a risk, take a chance
    
2. Play games for money

1. Money that is risked for possible monetary gain
    
2. A risky act or venture

Sounds like: gallop, galop, Galmble, ga

Derived forms: gambled, gambling, gambles

Type of: assay, attempt, danger, essay, peril, play, risk, seek, speculation, try, venture

Encyclopedia: Gamble, Patrick