Forum Iris & Bulbes

Gambling is fundamentally the wagering of some thing of value or money in an uncertain event with a equally uncertain result, with the main intention of winning either cash or merchandise. Gambling therefore requires three elements in order for it to exist: danger, consideration, and a reward. The first one refers to the doubt of the outcome and also the importance one gives to this; the second describes the relative likelihood of this occurrence of the event and also the significance of this to one's activities; while the third element, the prize, refers to the financial compensation 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 instead a percentage of wins to losses.