Forum Iris & Bulbes

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