| Lon68R24 |
 Posted: Sun 9:24, 17 Apr 2022 Post subject: Just wanted to say Hi! |
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| Gambling is fundamentally the wagering of some thing of value or cash on an uncertain event with an equally uncertain result, with the major purpose of winning either cash or merchandise. Gambling therefore requires three components for it to exist: danger, consideration, and a reward. The first one refers to the doubt of the outcome and the importance one gives to this; the second describes the relative likelihood of this occurrence of this event and also the relevance of the one's actions; while the next element, the prize, describes the monetary reimbursement one receives after winning. In gambling, what matters most is that one wins, while what matters least is whether one wins or loses. In gambling, there is no such thing as pure win-loss ratio but instead a percentage of wins to losses. |
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