Im happy I now signed up

JonRitchey

Betting is basically the wagering of something of value or money on an uncertain event with an equally uncertain consequence, with the main intention of winning either money or merchandise. Gambling therefore requires three elements 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 this; the second describes the relative likelihood of the occurrence of the event and the significance of this to one's actions; while the third element, the prize, also describes the financial reimbursement one receives after winning. In gaming, what matters most is that you wins, while what matters least is if one wins or loses. In gaming, there is no such thing as pure win-loss ratio but rather a proportion of wins to all losses.