I am the new one

ZulmaColle

Gambling is basically the wagering of some thing of value or money in an uncertain event with an equally uncertain consequence, with the main purpose of winning either cash or product. Gambling therefore requires three elements in order for it to exist: risk, consideration, and a reward. The first one describes the doubt of the outcome and also the importance one gives to the; the second refers to the relative 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 financial compensation one receives after winning. In gambling, what matters most is that one 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 instead a percentage of all wins to losses.