Crossword Genius

Takes a risk with the odds (7)

Ross

I believe the answer is:

chances

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This could be a double definition.

'takes a risk' is the first definition.
The definition and answer can be both to do with social activities as well as being verbs in their -s form.
Perhaps they are linked in a way I don't understand?

'odds' is the second definition.
(I've seen this in another clue)

'with the' is the link.

Can you help me to learn more?

(Other definitions for chances that I've seen before include "Runs a risk" , "Opportunities or risks" .)

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