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#1 2021-05-04 11:27:38

From: Austria, Loitzmannsdorf
Registered: 2021-05-04
Posts: 5

Just wanted to say Hi!

Gambling is fundamentally the wagering of some thing of value or cash on an uncertain event with a equally uncertain consequence, together with the major intention of winning either cash or product. Gambling therefore requires three components for it to exist: risk, consideration, and a reward. The first one describes the uncertainty of the outcome and the importance one gives for the; the second describes the comparative likelihood of this occurrence of the event and also the significance of this to one's actions; while the next component, the prize, describes the financial reimbursement one receives after winning. In gambling, what matters most is that one wins, while what things least is if one wins or loses. In gambling, there is no such thing as pure win-loss ratio but rather a percentage of wins to losses.

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