[Invité]

Betting is basically the wagering of some thing of value or money in an uncertain event with an equally uncertain result, together with the major purpose of winning either money or product. Gambling therefore needs three elements for it to exist: danger, consideration, and a reward. The first one describes the doubt of the outcome and the importance one gives to this; the second refers to the comparative likelihood of the occurrence of this event and the relevance of this to one's actions; while the next component, the prize, also describes the financial reimbursement one receives after winning. In gaming, what matters most is that one wins, while what matters least is if one wins or loses. In gambling, there is no such thing as pure win-loss ratio but instead a proportion of wins to all losses.