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#1 2021-05-10 15:33:30

From: Denmark, Kobenhavn V
Registered: 2021-05-10
Posts: 1

Im happy I now signed up

Gambling is basically the wagering of something of value or cash on an uncertain event with an equally uncertain consequence, with the major purpose of winning either cash or product. Gambling therefore needs three elements in order for it to exist: risk, consideration, and a reward. The first one refers to the uncertainty of the outcome and the importance one gives to the; the second refers to the comparative likelihood of the occurrence of this event and the significance of the one's actions; while the third element, the prize, also refers to the financial reimbursement one receives after winning. In gambling, what matters most is that one wins, while what things 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.

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