Forum Iris & Bulbes

Gambling is fundamentally the wagering of something of value or cash in an uncertain event with an equally uncertain result, together with the main intention of winning either cash or product. Gambling therefore needs three elements for it to exist: danger, consideration, and a reward. The first one describes the doubt of the outcome and the importance one gives for this; the second refers to the comparative likelihood of the occurrence of the event and also the significance of the one's activities; while the third element, the prize, also describes the financial 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 is no such thing as pure win-loss ratio but rather a percentage of all wins to losses.