Broke limb, stupidly in gang getting into risky exploits (8)
I believe the answer is:
gambling
'gang getting into risky exploits' is the definition.
I can't tell whether this defines the answer.
'broke limb stupidly in' is the wordplay.
'broke' becomes 'gang' (I can't explain this - if you can you should give a lot more credence to this answer).
'stupidly' is an anagram indicator (a stupid ordering of the letters).
'in' is an insertion indicator.
'limb' with letters rearranged gives 'mbli'.
'gang' enclosing 'mbli' is 'GAMBLING'.
Can you help me to learn more?
(Other definitions for gambling that I've seen before include "Taking risks" , "Glib G-man caught in placing bets" , "Betting (sum of money)" , "Playing for stakes" , "Casino activity" .)