Im happy I now signed up

Betting is basically the wagering of some thing of value or money on an uncertain event with a equally uncertain consequence, with the major 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 doubt of the outcome and the importance one gives for this; the second describes the relative likelihood of this occurrence of the event and also the significance of this to one's actions; while the next element, the prize, also describes the financial reimbursement one receives after winning. In gambling, what matters most is that you wins, while what matters least is whether one wins or loses. In gambling, there's absolutely no such thing as pure win-loss ratio but instead a percentage of wins to all losses.

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