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1. The act of playing for stakes in the hope of winning (including the payment of a price for a chance to win a prize)
   "his gambling cost him a fortune";
   - gaming, play

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

Sounds like: gambled, gamboled, gambolling, gamboling, gambol

Derived forms: gamblings

Type of: assay, attempt, diversion, essay, play, recreation, seek, try, vice

Encyclopedia: Gambling