Just want to say Hello!

BarbManna

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