NOTE: Compare to Sense 2: in Sense 1, no game is being played.
Bennett gambled throughout the president's impeachment.
The CEO gambled with the stockholders' money, but the acquisition was a bust.
The man gambled at life.
I'm going to gamble here, but I think we're lost.
Polly might show up, but I wouldn't gamble on it.
WordNet 3.0 Sense Numbers: 1
NOTE: Compare to Sense 1: Sense 2 refers to organized events of wagering, in which all participants voluntarily risk money or valuables on the outcome of something.
Since I gambled all my money away, I don't have any for rent.
My boyfriend loves to gamble at blackjack.
Let's go to Vegas and gamble!
WordNet 3.0 Sense Numbers: 2