#1 2021-05-21 06:51:01

From: Italy, Campo San Martino
Registered: 2021-05-14
Posts: 8

Im glad I now registered

Gambling is basically the wagering of something of value or cash on an uncertain event with an equally uncertain result, together with the major intention of winning either cash or merchandise. Gambling therefore needs three elements for it to exist: danger, consideration, and a reward. The first one describes the uncertainty of the outcome and also the importance one gives to the; the second refers to the relative likelihood of this occurrence of this event and the significance of this to one's activities; while the third 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 if one wins or loses. In gambling, there is no such thing as pure win-loss ratio but rather a percentage of all wins to all losses.

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