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What does take a chance mean?

Looking for the meaning or definition of the word take a chance? Here's what it means.

Verb
  1. (idiomatic) To risk; to try something risky.
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Examples
We decided we to take a chance on the jar of Petrossian whole goose foie gras in aspic with port wine.
Of course, when freelancing, sometimes you have to stick your neck out a bit, and take a chance.
Advance booking is always advisable but you can of course always take a chance on the day itself.
More often than not it appears to be the belief that it is better to play it safe rather than take a chance at change and failure.
Meaning that, you've got to fly business or be prepared to take a chance on the wait list.
These leaders must take a chance that a cautious relaxation of authoritarianism will breed moderation among extremist oppositions.

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