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Posté le: Dim 30 Jan 2022, 5:58 Sujet du message: Im glad I now signed up |
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Betting is fundamentally the wagering of some thing of value or cash in an uncertain event with an equally uncertain result, together with the major intention of winning either money or product. 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 also the importance one gives for the; the second refers to the relative likelihood of this occurrence of this event and the significance of this to one's activities; while the next element, the prize, also describes the monetary reimbursement 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 is no such thing as pure win-loss ratio but instead a proportion of wins to all losses. |
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