In the East, back it for a gamble (5)

I believe the answer is:
tibet
'in the east' is the definition.
I can't judge whether this defines the answer.
'back it for a gamble' is the wordplay.
'back' says the letters should be written in reverse.
'for' says to put letters next to each other.
'a gamble' becomes 'bet' (bet is a kind of gamble).
'it' backwards is 'ti'.
'ti'+'bet'='TIBET'
Can you help me to learn more?
(Other definitions for tibet that I've seen before include "Mountainous Asian region" , "Chinese region" , "High place" , "hilly region" , "Part of Asia" .)
