Im happy I now registered

DonnyBuchh

Betting is basically the wagering of something of value or money on an uncertain event with a equally uncertain result, with the main purpose of winning either money or merchandise. Gambling therefore needs three components 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 refers to the relative likelihood of the occurrence of this event and the relevance of this to one's actions; while the third element, the prize, refers to the financial compensation one receives after winning. In gambling, what matters most is that one wins, while what things 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.