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CandySlo · Posted: Tue 14:41, 19 Apr 2022 Post subject: Just wanted to say Hi.

Gambling is basically the wagering of some thing of value or money in an uncertain event with an equally uncertain result, with the main purpose of winning either money or merchandise. Gambling therefore requires three components for it to exist: danger, consideration, and a reward. The first one describes the doubt of the outcome and the importance one gives to the; the second refers to the relative likelihood of the occurrence of this event and also the relevance of this to one's actions; while the next component, the prize, also refers to the monetary compensation one receives after winning. In gambling, what matters most is that you wins, while what things least is if one wins or loses. In gaming, there is no such thing as pure win-loss ratio but instead a proportion of all wins to all losses.