Im glad I finally registered

Betting is basically the wagering of some thing of value or money in an uncertain event with an equally uncertain result, with the main purpose of winning either money or merchandise. Gambling therefore needs three components for it to exist: risk, consideration, and a reward. The first one refers to the doubt of the outcome and also the importance one gives to the; the second describes the comparative likelihood of the occurrence of the event and also the relevance of the one's activities; while the third component, the prize, also refers to the monetary compensation 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 instead a proportion of all wins to losses.

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