| JoleneSt |
 Posted: Sun 15:52, 17 Apr 2022 Post subject: Just wanted to say Hi. |
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| Gambling is basically the wagering of something of value or money in an uncertain event with a equally uncertain consequence, together with the main purpose of winning either cash or merchandise. Gambling therefore needs three elements for it to exist: danger, consideration, and a reward. The first one refers to the uncertainty of the outcome and the importance one gives for the; the second refers to the relative likelihood of the occurrence of the event and also the significance of this to one's activities; while the next component, the prize, also describes the financial reimbursement one receives after winning. In gaming, what matters most is that one wins, while what matters least is if one wins or loses. In gaming, there's absolutely no such thing as pure win-loss ratio but instead a percentage of all wins to all losses. |
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