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A comment on Woman makes $420k by buying insurance on flights she predicted would get delayed. Parent comment

Re:Woman makes $420k by buying insurance on flights she pred... by basilgohar on Monday June 15, 2020 @06:37AM (#23525888)
What you are outlining are the "extra steps" that the GP was alluding to. We call it "risks" but it turns out to be a kind of a gamble that the insurance company takes us up on, but with the house advantage.
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Re:Woman makes $420k by buying insurance on flights she pred... by afiori on Monday June 15, 2020 @06:41AM (#23525918)
But then it is the insurance that is betting on you. Sort of like a Mr Beast video.

I would reserve gambling for something offered to some kind of a consumer/costumer market.

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