"Insurance" in blackjack is a reasonably popular bet, and gives the house more edge than the regular game. Some people hedge their cryptocurrency portfolios wit

"Insurance" in blackjack is a reasonably popular bet, and gives the house more edge than the regular game. Some people hedge their cryptocurrency portfolios with put options, which is a form of insurance. You can package almost any financial instrument and sell it to someone. Perhaps you mean the state shouldn't subsidise gamblers with free insurance - I think most people would agree with that.