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Common collocations with gamble in American Collocation

gamble noun singular

US /ˈɡæmb(ə)l/

big

big
enormous
huge
major
massive

I quit my job and took a massive gamble.

very risky

dangerous
reckless
risky

The government embarked on a reckless gamble.

when you have almost no hope left

desperate

Our only hope lies in one last, desperate gamble.

when you consider the risks

calculated

It was a calculated gamble designed to restart negotiations.

take a risk

take

They took a huge financial gamble by publishing the book themselves.