Gambling

Gambling, as a minigame, requires the player to risk Rupees for a chance to win a higher amount. These games are purely chance with, typically, no possiblity of strategizing for a win.

Legend of Zelda
On Eastmost Peninsula, the Old Man inside the tree has 3 rupees lined up. To play, walk over one rupee and you may either lose the amount shown, lose more, or win rupees.

A Link to the Past
Just south of Kakariko Village, there is a house in which you can gamble. First you pay 20 rupees, then select one of the three chests. A similar game is in the northwest corner of the Village of Outcasts. In this incarnation, there are fifteen chests. The "grand prize" is a piece of heart.

Majora's Mask
At Romani Ranch, players can gamble by betting on dog races.

The Minish Cap
Borlov runs a shop in which you chose one of two treasure chests. As soon as you lose, the game ends. With a sucessful choice you may chose to continue gambling. Although he tries to talk players out of playing.

Phantom Hourglass
Occasionally, a spirit named Lucky Lee will be "dug up". He offers you the chance to play a game. After paying 50 rupees, you choose between a large and a small chest. It doesn't matter which is chosen, the outcomes are the same. If you guess correctly, you win 150 rupees. If you guess incorrectly, you lose rupees.