Im happy I now signed up

JonRitchey

Betting is fundamentally the wagering of something of value or money on an uncertain event with a equally uncertain consequence, with the main intention of winning either money or product. Gambling therefore needs three components for it to exist: danger, consideration, and a reward. The first one describes the uncertainty of the outcome and the importance one gives to this; the second describes the comparative likelihood of the occurrence of the event and also the significance of the one's actions; while the third element, the prize, refers to the financial compensation one receives after winning. In gambling, what matters most is that one wins, while what matters least is whether one wins or loses. In gaming, there's absolutely no such thing as pure win-loss ratio but instead a percentage of all wins to all losses.