Usually means: Increase risk for greater reward.
Definitions Related words Mentions
We found 5 dictionaries that define the word raise the stakes:

General (4 matching dictionaries)
  1. raise the stakes: Collins English Dictionary
  2. raise the stakes: Wiktionary
  3. raise the stakes: Dictionary.com
  4. raise the stakes: TheFreeDictionary.com

Miscellaneous (1 matching dictionary)
  1. raise the stakes: Idioms

Definitions from Wiktionary (raise the stakes)

verb:  (idiomatic) To increase in significance or risk.
verb:  (poker) Used other than figuratively or idiomatically: see raise, stakes (used literally e. g. of a hand of poker)

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