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Posté le: Mer 26 Jan 2022, 10:58 Sujet du message: Im glad I finally registered |
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Betting is fundamentally the wagering of something of value or cash on an uncertain event with an equally uncertain consequence, with the major purpose of winning either cash or product. Gambling therefore needs three components for it to exist: risk, consideration, and a reward. The first one describes the uncertainty of the outcome and also the importance one gives for this; the second describes the comparative likelihood of the occurrence of the event and the significance of the one's activities; while the next component, the prize, refers to the financial compensation one receives after winning. In gambling, what matters most is that one wins, while what matters least is if one wins or loses. In gaming, there's absolutely no such thing as pure win-loss ratio but instead a percentage of all wins to losses. |
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