A gamble is a risky activity in which an individual wagers money or other stakes on an outcome that is uncertain. The word comes from the Greek words gamen and gamenian, which mean “to play” and “to gamen”. The intrusive -b in gamble is related to the similar pronunciation of unrelated gambol. The American Heritage Dictionary defines a gamble as:
The term gamble describes any activity that involves a significant risk and the potential for gain. In finance, a gambler is a person who engages in such activity. A gambler is a person who plays a game of chance in hopes of gaining money or achieving a specific goal. The words gamble and gambler are related, but there are some distinct differences. For instance, gamblers may refer to people who play video games or participate in private sports betting. The gambler may also refer to the person who gambles on the stock market.
The first of the nine Gamble children, James Norris Gamble attended Kenyon College and studied analytic chemistry at the University of Maryland. He subsequently joined the family business, Procter and Gamble, and rose through the ranks of the company. He eventually managed the company until his death, at which point he continued to visit it. The company began in 1854, and the house and packing house are listed on the National Register of Historic Places.
In business, gambling is a risky activity in which an individual stakes money or other possessions on a future contingent event. The goal is usually to obtain money, success, or some other advantage over others. Gambling can be defined as any action or decision where the individual makes a bet on a future event. It includes lotteries, betting, and gaming. The dictionary definitions of the word gamble include sports betting, poker, bingo, horse racing, and horse racing.
A problem gambler may be spending every single dollar in the casino and may be tempted to borrow money, sell things, or steal from others to cover up the cost of gambling. It’s important to recognize the warning signs that an individual is developing a gambling habit and to seek help as soon as possible. The gambler may be embarrassed or reluctant to seek help, but it is never too late to make a change. If he or she is able to accept the help of friends and family, the problem may be cured.