Im glad I finally registered

Gambling is fundamentally the wagering of some thing of value or money in an uncertain event with a equally uncertain result, together with the main intention of winning either cash or product. Gambling therefore needs three elements for it to exist: risk, consideration, and a reward. The first one refers to the uncertainty of the outcome and also the importance one gives to this; the second describes the comparative likelihood of the occurrence of this event and the relevance of the one's actions; while the next element, the prize, describes the monetary compensation one receives after winning. In gaming, what matters most is that one wins, while what matters least is if one wins or loses. In gambling, there's absolutely no such thing as pure win-loss ratio but instead a proportion of wins to all losses.