The weirdest jobs that actually exist.super bowl gambling grid GAMBLING HANDICAPPING Definition of gamble - play games of chance for money; bet, take risky action in the hope of a 'he was gambling on the success of his satellite TV channel'. Gambling is the wagering of money or something of value on an event with an uncertain . The Islamic terminology for gambling is Maisir, however this also has a second definition meaning easy money. In parts of the world that implement full Regulation · Religious · Types · Fixed-odds betting. Definition of gambling: Betting (wagering) that must result either in a gain or a loss. Gambling is neither risk taking in the sense of speculation (assumption of.