To run across a road at a fast pace without looking to see if there are any vehicles moving towards you in the hope of not getting hit by uncoming traffic. It was created in the late 90s/early 00s by Mark Mc Legend and some wigger.
Steve:Did you play gamble yesterday?
Andrew:Yea but i lost
Steve:O right i was wondering why we are in hospital
by Luc O'Zade January 26, 2008
A gamble is when you have to fart but your afraid you'll crap your pants. Therefore you just have to take a gamble and wish for the best.

*In an office building*

Joe: Man I gotta fart.

Bill: So fart what's the big deal?

Joe: Yea but I might crap I can sorta feel it.

Bill: Guess your gonna have to take a gamble.
by Doomsday Jesus September 17, 2006
Also referred to as a planet due to the similar properties the 2 share; immensely huge mass, gravitational pull, etc.
You'll often find a gamble by simply looking up at the thing that's blocking the sun. Don't get too close or you'll be pulled into it and engulfed whole.
Billo: "Holy crap, that's one huuuge ugly space cow."

Exley: "That's no ugly space cow, it's a planet!"

Wilkins: "Oh don't mind that, it's just a Gamble."

Billo + Exley: "Aah yes, a Gamble... You're so clever Wilkins."
by Simon Bath May 14, 2007
To run at a high pace across a road without looking for uncoming traffic in the hope of crossing the road without getting hit. Also you have to continually shout gamble while on the road. It was created in the late 90s/early 00s by Mark Mc Legend and Dee 'The Dolphin' Mc Creanor.
Steve:Did you play gamble yesterday?
Andrew:Yea but I lost
Steve:O yea i was wondering why we are in the hospital
by Luc O'Zade January 27, 2008

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