Gambles with Irish money (5)
I believe the answer is:
punts
'gambles' is the definition.
(I know this)
I don't understand how the rest of the clue works.
Can you help me to learn more?
(Other definitions for punts that I've seen before include "kicks" , "Stakes" , "Flat-bottomed boats" , "river-craft" , "bets" .)