I am the new guy

DonnyBuchh

Gambling is fundamentally the wagering of some thing of value or money on an uncertain event with an equally uncertain result, together with the main intention of winning either cash or product. Gambling therefore requires three components in order for it to exist: danger, consideration, and a reward. The first one describes the uncertainty of the outcome and the importance one gives to this; the second describes the comparative likelihood of the occurrence of this event and the relevance of this to one's activities; while the next component, the prize, describes the financial compensation one receives after winning. In gambling, what matters most is that you wins, while what matters least is whether one wins or loses. In gaming, there's absolutely no such thing as pure win-loss ratio but rather a percentage of wins to losses.