Guild Wars Guild

[OliverSo]

Betting is fundamentally the wagering of some thing of value or money on 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 uncertainty of the outcome and the importance one gives for this; the second refers to the comparative likelihood of the occurrence of this event and the relevance of the one's activities; while the third component, the prize, also describes the monetary reimbursement one receives after winning. In gaming, what matters most is that one wins, while what matters least is whether one wins or loses. In gaming, there is no such thing as pure win-loss ratio but rather a proportion of all wins to all losses.