I am the new guy

NannieGale

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