Cryptic crossword clue
Cambridge boat’s gamble 4

The most common and most likely answer to this crossword clue is the 4 letter word PUNT

P
U
N
T

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The straight part
We know that "Cambridge boat/gamble" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case cambridge boat/gamble = punt.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does PUNT mean?

PUNT noun
  1. A pontoon; a narrow shallow boat propelled by a pole.
PUNT verb
  1. To propel a punt or similar craft by means of a pole.
PUNT noun
  1. A kick made by a player who drops the ball and kicks it before it hits the ground.
PUNT verb
  1. To dropkick; to kick something a considerable distance.
  2. To equivocate and delay or put off (answering a question, addressing an issue, etc).
  3. To retreat from one's objective; to abandon an effort one still notionally supports.
  4. To make the best choice from a set of non-ideal alternatives.
PUNT noun
  1. A point in the game of faro.
  2. The act of playing at basset, baccara, faro, etc.
  3. A bet or wager.
  4. Gambling, as a pastime, especially betting on horseraces or the dogs.
  5. A highly speculative investment or other commitment.
  6. A wild guess.
  7. An indentation in the base of a wine bottle.
  8. A thin glass rod which is temporarily attached to a larger piece in order to better manipulate the larger piece.
PUNT verb
  1. To play at basset, baccara, faro, etc.
  2. To stake against the bank, to back a horse, to gamble or take a chance more generally
  3. To make a highly speculative investment or other commitment, or take a wild guess.
PUNT noun
  1. The Irish pound, used as the unit of currency of Ireland until it was replaced by the euro in 2002.

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