Meaning of the word "gamble on" in English

What does "gamble on" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

gamble on

US /ˈɡæm.bəl ɑːn/
UK /ˈɡæm.bəl ɒn/
"gamble on" picture

Phrasal Verb

to take a risk in the hope of gaining an advantage or benefit

Example:
They decided to gamble on the new technology, hoping it would revolutionize the industry.
You shouldn't gamble on your future by making rash decisions.
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