09-06-2017 15:39 via seekingalpha.com

Insurance Is Gambling, Seriously - Seeking Alpha

Insurance Is Gambling, Seriously
Seeking Alpha
Gambling is defined as wagering money (or something else of value) on an event with an uncertain outcome. The primary aim of gambling is to win more than the amount wagered. To place a gambling bet, you need to have three things: consideration, ...
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