AYSAstri
Joined: 12 Apr 2022
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Posted: Tue 4:08, 12 Apr 2022 Post subject: Just want to say Hello. |
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Gambling is basically the wagering of some thing of value or money in an uncertain event with a equally uncertain result, together with the major intention of winning either cash or merchandise. Gambling therefore requires three components in order for it to exist: risk, consideration, and a reward. The first one describes the doubt of the outcome and the importance one gives for this; the second refers to the relative likelihood of the occurrence of this event and also the significance of the one's activities; while the third component, the prize, also describes the financial 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 gambling, there's absolutely no such thing as pure win-loss ratio but instead a percentage of all wins to losses.
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