Crossword Genius

Gambles with Irish money (5)


I believe the answer is:


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'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" .)

I've seen this clue in The Globe and Mail.
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