I am the new girl

NannieGale

Gambling is basically the wagering of some thing of value or money in an uncertain event with an equally uncertain consequence, together with the main purpose 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 refers to the doubt of the outcome and the importance one gives for the; the second refers to the relative likelihood of this occurrence of this event and the relevance of the one's activities; while the third component, the prize, refers to the financial compensation one receives after winning. In gambling, what matters most is that you wins, while what things least is whether one wins or loses. In gambling, there is no such thing as pure win-loss ratio but instead a percentage of wins to losses.