Just want to say Hello.

TMTFlorr · Posted: Wed 0:15, 19 May 2021 Post subject: Just want to say Hello.

Gambling is basically the wagering of something of value or cash in an uncertain event with an equally uncertain result, with the main intention of winning either cash or merchandise. Gambling therefore requires three elements for it to exist: risk, consideration, and a reward. The first one describes the doubt of the outcome and also the importance one gives for this; the second describes the comparative likelihood of the occurrence of this event and the significance of the one's actions; while the next element, the prize, also refers to the monetary 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 proportion of wins to all losses.