>Where exactly on which exact bell curve does gambling stop and insurance start? I don't think it has to come from me that the world isn't black and white. >I

>Where exactly on which exact bell curve does gambling stop and insurance start? I don't think it has to come from me that the world isn't black and white. >It's just gambling with a payment plan If it's all so gray, why couldn't you say "gambling is just a riskier insurance" then? You only consider one of the two possible directions, namely the one that puts insurance under a bad light.