Gamble or gamble means to wager or stake money on something--
Some people are taught that it is wrong to gamble; other people are taught that it is merely stupid.
They like to visit the casino, but rarely gamble.
Gamble may also be used figuratively--
He decided to quit his job, and gamble on getting a new one quickly.
Gambol or gambol ( rhymes with gamble ) means to frolic, prance or cavort--
In nice weather, he let the little lamb out of the pen, so he could watch it gambol on the lawn.
The goats refused to gambol for the camera, although they were playing when I turned it on.
Now that you know that, you can say--
"The batteries are low, but I'm willing to gamble that the puppy will gambol for the camera when he sees it."
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