I am the new one

Gambling is basically the wagering of some thing of value or cash on an uncertain event with a equally uncertain consequence, together with the major purpose of winning either cash or product. 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 to the; the second describes the comparative likelihood of this occurrence of this event and the relevance of the one's activities; while the next element, 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 whether one wins or loses. In gambling, there is no such thing as pure win-loss ratio but instead a percentage of all wins to all losses.