Definition of gambling Gambling

/gæˈmbʌlɪŋ/ - [gatmbuling] -

We found 7 definitions of gambling from 6 different sources.

What does gambling mean?

Noun Plural: gamblings
gambling - 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"; "there was heavy play at the blackjack table"
		gaming, play
		recreation, diversion a turning aside (of your course or attention or concern); "a diversion from the main highway"; "a digression into irrelevant details"; "a deflection from his goal"
		vice a specific form of evildoing; "vice offends the moral standards of the community"
		sporting life active interest in gambling on sports events
		bet, wager the act of gambling; "he did it on a bet"
		gambling game, game of chance a game that involves gambling

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gambling (Noun)
An activity characterised by a balance between winning and losing that is governed by a mixture of skill and chance.
gambling (Verb)
Present participle of gamble.

gambling
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.

Gambling is a contest where a player bets on the result of an event. The bet is generally in the form of money. The outcome is dependent on the predictability of the event. The rules and the amount of money bet are decided on before the event happens.

There are three variables common to all gambling.

There are many types of gambling. Casino games, parimutual games, sports betting and state lotteries are some of the most common forms of gambling.

Generally, the odds are not in favor of the gambler.

Many people gamble for fun and entertainment. For others it becomes an addiction and a financial burden.

Investments such as stocks, bonds and real estate are not usually considered forms of gambling.