Just want to say Hello.

NannieGale

Gambling is basically the wagering of something of value or money in an uncertain event with an equally uncertain consequence, with the major intention of winning either money or merchandise. Gambling therefore needs three components in order for it to exist: risk, consideration, and a reward. The first one refers to the doubt of the outcome and also the importance one gives for the; the second refers to the comparative likelihood of the occurrence of this event and also the relevance of the one's activities; while the third component, the prize, describes the financial compensation one receives after winning. In gaming, what matters most is that you wins, while what matters least is whether one wins or loses. In gambling, there's absolutely no such thing as pure win-loss ratio but rather a proportion of wins to losses.