I am the new guy

Gambling is fundamentally the wagering of some thing of value or money in an uncertain event with an equally uncertain result, together with the major intention of winning either cash or product. Gambling therefore requires three components for it to exist: risk, consideration, and a reward. The first one describes the uncertainty of the outcome and also the importance one gives for the; the second refers to the comparative likelihood of the occurrence of the event and the relevance of this to one's actions; while the next element, the prize, refers to the financial reimbursement one receives after winning. In gambling, 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 proportion of all wins to losses.