Gambling is fundamentally the wagering of something of value or cash on an uncertain event with a equally uncertain consequence, together with the major intention of winning either cash or merchandise. Gambling therefore requires three elements for it to exist: danger, consideration, and a reward. The first one refers to the doubt of the outcome and also the importance one gives for the; the second refers to the relative likelihood of the occurrence of the event and also the significance of this to one's actions; while the third element, the prize, also describes the monetary reimbursement one receives after winning. In gaming, what matters most is that you wins, while what matters least is whether one wins or loses. In gaming, there's absolutely no such thing as pure win-loss ratio but instead a percentage of wins to all losses.
