'A Game of Chance' is a story about a boy who visits a fair with his uncle. At the fair, he gets attracted to a 'Lucky Shop' that offers prizes based on chance. He repeatedly plays the game, hoping to win a valuable prize but ends up losing money. Through this experience, he learns that such games are often designed to deceive people. The chapter teaches an important lesson about making wise decisions and not being misled by the illusion of luck.