I am the new guy

CeceliaAnt

Gambling is basically the wagering of some thing of value or money in an uncertain event with an equally uncertain consequence, together with the major purpose of winning either money or product. Gambling therefore requires three components for it to exist: danger, consideration, and a reward. The first one refers to the doubt of the outcome and also the importance one gives for the; the second describes the comparative likelihood of the occurrence of this event and the relevance of the one's actions; while the third component, the prize, also refers to the financial reimbursement one receives after winning. In gambling, what matters most is that one wins, while what matters least is if one wins or loses. In gambling, there's absolutely no such thing as pure win-loss ratio but rather a proportion of all wins to all losses.