Just want to say Hi.

JonRitchey

Betting is fundamentally the wagering of something of value or cash in an uncertain event with an equally uncertain consequence, together with the main intention of winning either cash or merchandise. Gambling therefore requires three components in order for it to exist: risk, consideration, and a reward. The first one describes the uncertainty of the outcome and also the importance one gives to the; the second refers to the relative likelihood of this occurrence of the event and also the relevance of this to one's activities; while the next element, the prize, describes the financial reimbursement 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 is no such thing as pure win-loss ratio but rather a proportion of wins to all losses.