Forum Iris & Bulbes

Betting is fundamentally the wagering of something of value or cash in an uncertain event with a equally uncertain consequence, with the major intention of winning either money or merchandise. Gambling therefore requires three components for it to exist: danger, 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 comparative likelihood of this occurrence of the event and also the relevance of the one's actions; while the third component, the prize, also refers to the monetary reimbursement one receives after winning. In gaming, what matters most is that you wins, while what matters least is if one wins or loses. In gaming, there's absolutely no such thing as pure win-loss ratio but rather a proportion of wins to losses.