Lottie63
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Joined: 18 May 2021
Posts: 1
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Warns: 0/3 Location: East Knoyle Gender: Men
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Posted: Wed 6:18, 19 May 2021 Post subject: Im glad I now registered |
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Betting is fundamentally the wagering of some thing of value or money in an uncertain event with a equally uncertain result, with the main intention of winning either cash or merchandise. Gambling therefore requires three components in order 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 for this; the second refers to the comparative likelihood of the occurrence of this event and also the significance of this to one's activities; while the next element, the prize, refers to the monetary compensation one receives after winning. In gaming, what matters most is that one wins, while what matters least is whether 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.
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