| VonnieIs |
 Posted: Tue 2:34, 12 Apr 2022 Post subject: Just want to say Hello! |
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| Betting is fundamentally the wagering of some thing of value or cash in an uncertain event with an equally uncertain result, together with the main intention of winning either money or product. Gambling therefore requires three components in order for it to exist: danger, consideration, and a reward. The first one refers to the uncertainty of the outcome and also the importance one gives to this; the second describes the comparative likelihood of the occurrence of the event and the significance of this to one's activities; while the next element, the prize, describes the monetary compensation one receives after winning. In gambling, 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 rather a proportion of all wins to all losses. |
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