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term:

Gamble

gamble vb

gam·bled
gam·bling
vi
: to risk something of value for the chance of winning a prize
vt
: to risk (something) for the chance of winning a prize
gam·bler [-blər]
n

Source: Merriam-Webster’s Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.
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