I am the new guy

BarbManna

Gambling is fundamentally the wagering of something of value or money on an uncertain event with an equally uncertain result, together with the major intention of winning either cash or merchandise. Gambling therefore requires three components for it to exist: risk, consideration, and a reward. The first one refers to the uncertainty of the outcome and also the importance one gives for the; the second describes the relative likelihood of this occurrence of the event and the relevance of the one's actions; while the next element, the prize, describes the financial compensation one receives after winning. In gambling, what matters most is that you wins, while what things least is whether one wins or loses. In gaming, there is no such thing as pure win-loss ratio but instead a proportion of all wins to all losses.