Meaning of the word "take a chance on" in English

What does "take a chance on" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

take a chance on

US /teɪk ə tʃæns ɑn/
UK /teɪk ə tʃɑːns ɒn/

Idiom

to decide to do something even though it involves a risk

Example:
I decided to take a chance on the new restaurant, and it was delicious.
She was hesitant to take a chance on a career change, but it paid off.