Forum Iris & Bulbes

Betting is fundamentally the wagering of some thing of value or money on an uncertain event with a equally uncertain result, with the major purpose of winning either money or product. Gambling therefore requires three components 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 to the; the second describes the relative likelihood of this occurrence of the event and also the relevance of the one's actions; while the next element, the prize, also refers to the monetary reimbursement one receives after winning. In gaming, what matters most is that one wins, while what things least is whether one wins or loses. In gaming, there is no such thing as pure win-loss ratio but rather a percentage of wins to all losses.