Just want to say Hello.

BarbManna

Betting is fundamentally the wagering of something of value or money in an uncertain event with an equally uncertain result, with the main purpose of winning either money or merchandise. Gambling therefore needs three elements in order for it to exist: danger, consideration, and a reward. The first one refers to the doubt of the outcome and also the importance one gives to the; the second describes the relative likelihood of the occurrence of the event and the relevance of this to one's actions; while the next element, the prize, also describes the monetary 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 gambling, there's absolutely no such thing as pure win-loss ratio but instead a percentage of all wins to losses.