Forum Iris & Bulbes

Gambling is basically the wagering of some thing of value or money on an uncertain event with a equally uncertain consequence, with the major purpose of winning either money or product. Gambling therefore requires three elements for it to exist: danger, 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 this occurrence of the event and also the significance of the one's activities; while the next element, the prize, also refers to the financial reimbursement one receives after winning. In gaming, what matters most is that one wins, while what matters least is whether one wins or loses. In gaming, there is no such thing as pure win-loss ratio but rather a proportion of wins to all losses.