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gamble

noun

  1. process of taking a chance
L34648 on Wikidata ↗

verb

  1. bet on something
  2. to take a risk for a chance at better returns, to take a risk, taking a risk with
L34649 on Wikidata ↗

Wiktionary

Pronunciation: /ˈɡæm.bəl/

name

Etymology: From the Old Norse byname gamall (“old”), which was occasionally used in North England during the Middle Ages as a personal name.

  1. A surname from Old Norse.

noun

Etymology: From earlier gamel, from Middle English *gamlen, *gamelen, variant of Middle English gamenen, from Old English gæmnian, gamnian, gamenian (“to joke; play”), related to Old English gamen (“joy; mirth; pleasure; entertainment; pastime; sport; game”), equivalent to game + -le. Compare Old Danish gammel, Middle High German gamel (“pleasure; fun”). More at game.

  1. A bet or wager.

    I had a gamble on the horses last weekend.

  2. A significant risk, undertaken with a potential gain.
  3. A risky venture.

    The sailors had taken many gambles with the sea and always won.

verb

Etymology: From earlier gamel, from Middle English *gamlen, *gamelen, variant of Middle English gamenen, from Old English gæmnian, gamnian, gamenian (“to joke; play”), related to Old English gamen (“joy; mirth; pleasure; entertainment; pastime; sport; game”), equivalent to game + -le. Compare Old Danish gammel, Middle High German gamel (“pleasure; fun”). More at game.

  1. To take a risk, with the potential of a positive outcome.
  2. To play risky games, especially casino games, for monetary gain.

    Mark won half a million dollars gambling on horses.

  3. To risk (something) for potential gain.

    He gambled his reputation on the outcome.

  4. To interact with equipment at a casino.