The Gambles in Life When the word gamble is mentioned, many people think of money, but gambling is not limited to money. Gambling is simply the taking of a chance. Everyone gambles nearly all the time. We are all not gambling just for money. We gamble for practically everything. Children learn the concept of gambling very early. This concept continues throughout life. When children are very young, they will try different things to see what will happen. For instance, a child will gamble punishment when he talks back to his parents. If he does not receive any punishment, he might consider himself winning; however if he receives punishmen