gamble

Gamble is the act of risking something of value on an uncertain outcome with the hope of gaining more than is wagered. It can be a voluntary activity driven by entertainment, desire for profit, or social interaction, and it often involves elements of chance, probability, and risk assessment.

Gambling encompasses a range of activities, including lotteries, casino games, betting on sporting events, horse racing, and online platforms. These activities can be organized commercially by licensed operators or conducted informally among individuals. Payouts and odds are typically set by the operator or game rules.

Regulation and public policy vary by jurisdiction. Governments commonly tax gambling revenue, set age and location restrictions, require licenses, and provide consumer protections and problem-gambling resources. Critics point to financial harm, addiction, crime, and social disruption; supporters highlight potential economic benefits, entertainment value, and charitable funding from gaming revenue.

Gamble is also a surname in English-speaking countries. As a proper noun, it may refer to people with the last name Gamble, and occasionally to places or organizations that use the name.