…is different from most games. There are currently five types; Level Quests(lq), Area Quests(aq), Guild Quests(gq), Player Quests(pq) and Awards(aw). Each of the five types give different rewards, for example Level Quests give a reduction in the exp cost of the level in question. There are only a few rare times where one will need to accept a quest in order to do it.
There are many diversions offered in locations throughout Arelium, including a roulette table. Familiarize yourself with it, and then see if you can win 100k gold using it.