Forum Iris & Bulbes

Gambling is fundamentally the wagering of something of value or cash in an uncertain event with a equally uncertain result, with the major intention of winning either money or merchandise. Gambling therefore needs three elements in order for it to exist: danger, consideration, and a reward. The first one describes the uncertainty of the outcome and the importance one gives for the; the second refers to the relative likelihood of the occurrence of the event and the relevance of the one's activities; while the next element, the prize, also describes the monetary compensation one receives after winning. In gambling, what matters most is that you wins, while what matters least is whether one wins or loses. In gaming, there's absolutely no such thing as pure win-loss ratio but instead a proportion of wins to losses.