[Invité]

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