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#1 2021-05-12 22:10:07

Registered: 2021-05-12
Posts: 13

Just want to say Hello!

Gambling is basically the wagering of some thing of value or cash on an uncertain event with an equally uncertain consequence, with the main purpose of winning either money or product. Gambling therefore needs three elements for it to exist: risk, consideration, and a reward. The first one describes the uncertainty of the outcome and the importance one gives to the; the second describes the relative likelihood of the occurrence of the event and also the significance of this to one's activities; while the next element, the prize, also refers to the monetary 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 gaming, there's absolutely no such thing as pure win-loss ratio but instead a percentage of all wins to all losses.

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