Forum Iris & Bulbes

Gambling is fundamentally the wagering of some thing of value or money on an uncertain event with a equally uncertain result, with the major intention of winning either money or merchandise. Gambling therefore needs three components in order for it to exist: danger, consideration, and a reward. The first one describes the doubt of the outcome and also the importance one gives for the; the second describes the relative likelihood of this occurrence of this event and the significance of the one's actions; while the next component, the prize, also 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 gambling, there's absolutely no such thing as pure win-loss ratio but instead a proportion of wins to all losses.