When it's what you want to talk about...But the other person just backs away, nodding. Let's spread the disease. #fibreposy.
2 posts • Page 1 of 1
Gambling is basically the wagering of some thing of value or cash in an uncertain event with a equally uncertain result, together with the main purpose of winning either money or merchandise. Gambling therefore requires three components in order for it to exist: risk, consideration, and a reward. The first one describes the uncertainty of the outcome and also the importance one gives to this; the second refers to the relative likelihood of this occurrence of this event and also the significance of this to one's activities; while the next element, the prize, refers to the monetary compensation one receives after winning. In gambling, what matters most is that you wins, while what things least is if one wins or loses. In gaming, there is no such thing as pure win-loss ratio but instead a proportion of wins to all losses.