take chances vs gamble

take chances is not a noun while gamble is a noun.

Word	Noun	Adjective	Verb	Adverb
take chances	No	No	Yes	No
gamble	Yes	No	Yes	No

As verbs, take chances and gamble are synonyms defined as:

Other synonyms of take chances include adventure, chance, hazard, risk, run a risk, take a chance.

take chances (noun)	gamble (noun)
	a risky act or venture
	money that is risked for possible monetary gain

take chances (verb)	gamble (verb)
take a risk in the hope of a favorable outcome	play games for money
	take a risk in the hope of a favorable outcome