Forum Iris & Bulbes

Gambling is basically the wagering of some thing of value or money in an uncertain event with a equally uncertain result, together with the major purpose of winning either cash or merchandise. Gambling therefore needs three components in order for it to exist: risk, consideration, and a reward. The first one refers to the uncertainty of the outcome and the importance one gives to the; the second describes the comparative likelihood of the occurrence of the event and also the significance of the one's activities; while the next element, the prize, also refers to the financial reimbursement one receives after winning. In gaming, what matters most is that you wins, while what matters least is if one wins or loses. In gaming, there is no such thing as pure win-loss ratio but rather a percentage of wins to all losses.