the blue and red idea network

Gambling is fundamentally the wagering of something of value or cash in an uncertain event with a equally uncertain result, together with the main purpose of winning either cash or merchandise. Gambling therefore needs three components 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 for the; the second refers to the comparative likelihood of this occurrence of this event and the significance of this to one's actions; while the third component, the prize, describes 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 is no such thing as pure win-loss ratio but rather a proportion of wins to losses.