Forum Iris & Bulbes

Gambling is fundamentally the wagering of something of value or money in an uncertain event with a equally uncertain consequence, together with the main intention of winning either cash or product. Gambling therefore requires 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 to the; the second describes the comparative likelihood of this occurrence of this event and also the significance of the one's activities; while the third component, the prize, also refers to the financial compensation one receives after winning. In gaming, what matters most is that you wins, while what matters least is whether one wins or loses. In gambling, there is no such thing as pure win-loss ratio but rather a proportion of all wins to losses.