I am the new girl

HaydenMall

Betting is basically the wagering of some thing of value or cash in an uncertain event with a equally uncertain result, together with the major intention of winning either money or product. Gambling therefore requires three components for it to exist: risk, consideration, and a reward. The first one describes the uncertainty of the outcome and the importance one gives for the; the second describes the relative likelihood of this occurrence of the 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 things least is if one wins or loses. In gambling, there is no such thing as pure win-loss ratio but rather a percentage of wins to all losses.