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Author Topic: Just want to say Hi!  (Read 66 times)

GregorioEa

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Just want to say Hi!
« on: February 16, 2022, 01:26:12 PM »
Betting is basically the wagering of some thing of value or cash on an uncertain event with a equally uncertain result, with the main purpose of winning either cash or merchandise. Gambling therefore requires three elements in order for it to exist: risk, consideration, and a reward. The first one describes the uncertainty of the outcome and the importance one gives to the; the second describes the relative likelihood of this occurrence of the event and also the significance of this to one's activities; while the third element, the prize, refers to the financial reimbursement one receives after winning. In gambling, what matters most is that you wins, while what matters least is whether one wins or loses. In gambling, there is no such thing as pure win-loss ratio but rather a proportion of wins to all losses.
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GregoryHep

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Re: Just want to say Hi!
« Reply #1 on: May 23, 2023, 04:18:14 PM »
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FrankJScott

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« Reply #2 on: October 12, 2024, 01:57:14 PM »
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