Gambling is fundamentally the wagering of something of value or money in an uncertain event with a equally uncertain consequence, with the main purpose of winning either money or merchandise. Gambling therefore needs three components in order for it to exist: risk, consideration, and a reward. The first one refers to the uncertainty of the outcome and the importance one gives to the; the second refers to the relative likelihood of the occurrence of this event and the relevance of the one's activities; while the next element, the prize, refers to the monetary reimbursement one receives after winning. In gaming, what matters most is that you wins, while what matters least is if one wins or loses. In gaming, there's absolutely no such thing as pure win-loss ratio but rather a percentage of all wins to losses.
