Take a Chance on Me" is a song by the Swedish pop group ABBA. It was released in January 1978 as the second single from their fifth studio album ABBA: The Album. The song has been featured on a number of ABBA compilations such as Gold: Greatest Hits."Take a Chance on Me" proved to be one of ABBA's most successful chart hits, becoming the group's seventh UK #1 (their third consecutive chart-topper in the country after "Knowing Me, Knowing You" and "The Name of the Game"). Read more on Last.fm.