Cryptic crossword clue
Gambles and cashes in one’s chips, catching cold 5

The most common and most likely answer to this crossword clue is the 5 letter word DICES

I've seen this crossword clue in The Daily Telegraph
D
I
C
E
S


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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 DICES mean?

DICES noun
  1. Gaming with one or more dice.
  2. A die.
  3. That which has been diced.
DICES verb
  1. To play dice.
  2. To cut into small cubes.
  3. To ornament with squares, diamonds, or cubes.

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