#1 2021-05-11 19:01:42

Mireya2695
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Gambling is basically the wagering of some thing of value or money in an uncertain event with an equally uncertain consequence, together with the major purpose of winning either money or merchandise. Gambling therefore requires three components for it to exist: danger, consideration, and a reward. The first one describes the doubt of the outcome and the importance one gives for this; the second describes the relative likelihood of this occurrence of the event and also the significance of this to one's activities; while the next component, the prize, refers to the financial compensation one receives after winning. In gambling, what matters most is that you wins, while what things least is if one wins or loses. In gambling, there's absolutely no such thing as pure win-loss ratio but rather a percentage of all wins to losses.


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