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Re:Woman makes $420k by buying insurance on flights she pred... by Hokusai on Monday June 15, 2020 @05:59AM (#23525652)
Except the part where losing your house ruins your life, meanwhile your team losing just ruins your evening. That is the key difference. I agree that for easy to replace items, insurance and sports betting is the same, thou. (If you bet against your own team)
Re:Woman makes $420k by buying insurance on flights she pred... by rob74 on Monday June 15, 2020 @06:18AM (#23525776)
Except for the case where you have bet your house on your team...
Re:Woman makes $420k by buying insurance on flights she pred... by Cthulhu_ on Monday June 15, 2020 @08:14AM (#23526492)
That's one's own stupidity then. This is why gambling falls under specific rules - to prevent people from doing stupid things.
Re:Woman makes $420k by buying insurance on flights she pred... by afiori on Monday June 15, 2020 @06:36AM (#23525885)
But this is the point, betting creates the risk in this case, insurance exist to reduce a preexisting risk.