- Present participle of gamble.
gamble (plural gambles)
- A risk undertaken with a potential gain. A significant risk is implied
- A risky venture
gambling (n) (plural gamblings)
- An activity characterised by a balance between winning and losing that is governed by a mixture of skill and chance.
According to Wikipedia:
Gambling has a specific economic definition, referring to wagering money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods. Typically, the outcome of the wager is evident within a short period of time.
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