What is gambling?

Answer 1

Betting or staking of something of value on the outcome of a game or event. Commonly associated with gambling are http://www.answers.com/topic/horse-racing, http://www.answers.com/topic/boxing, numerous playing-card and http://www.answers.com/topic/dice games, http://www.answers.com/topic/cockfight, http://www.answers.com/topic/jai-alai, recreational http://www.answers.com/topic/billiards and http://www.answers.com/topic/darts-sports-in-encyclopedia, http://www.answers.com/topic/bingo, and http://www.answers.com/topic/lottery. In most gambling games it is customary to express the idea of probability in terms of "odds against winning." In the U.S. casino gambling, once highly restricted, is now legal in many states, and lotteries are employed by many states to raise revenues. The internet has also become a venue for placing bets. See alsohttp://www.answers.com/topic/bookmaking; http://www.answers.com/topic/casino.
Gamble is taking risk in the hope that you will win. Play games for money and money that is risked for possible monetary gain. ***********************************************************************

From Amswers.com

Gamble

# To bet on an uncertain outcome, as of a contest. ## To play a game of chance for stakes. # To take a risk in the hope of gaining an advantage or a benefit. # To engage in reckless or hazardous behavior: You are gambling with your health by continuing to smoke. v.tr. # To put up as a stake in gambling; wager. # To expose to hazard; risk: gambled their lives in a dangerous rescue mission. n. # A bet, wager, or other gambling venture. # An act or undertaking of uncertain outcome; a risk: I took a gamble that stock prices would rise.