Just wanted to say Hello!

BarbManna

Gambling is basically the wagering of something of value or money in an uncertain event with a equally uncertain consequence, with the main purpose of winning either cash or merchandise. Gambling therefore needs three elements in order for it to exist: risk, consideration, and a reward. The first one refers to the doubt of the outcome and the importance one gives for the; the second describes the relative likelihood of the occurrence of the event and the relevance of this to one's actions; while the third component, the prize, also refers to the financial reimbursement one receives after winning. In gambling, what matters most is that one wins, while what things least is whether one wins or loses. In gambling, there's absolutely no such thing as pure win-loss ratio but instead a proportion of all wins to all losses.