Gambling has a long history, dating back all the way to around 2300 BC! Where the earliest evidence of gambling was theorized to have originated from Ancient China. Three main elements make up the activity of gambling: consideration, risk and prize. But it is all an exciting game fo chance in the end…
The main goal of anyone who takes part in gambling is to win that money or reward if the outcomes go in their favour. An activity that has been around for millennia.
Wagering your money or anything of value (but mostly money) on a game or an event that has a certain outcome, that is what defines gambling.