3 ms·
In other words, insurance is gambling's antidote. Gambling takes on a risk, insurance hedges against the risk taken. But if gambling is wrong – implying you sh
by randomdata 2y ago
In other words, insurance is gambling's antidote. Gambling takes on a risk, insurance hedges against the risk taken.
But if gambling is wrong – implying you shouldn't do it – what do you need insurance for? If you never gamble, you don't need to hedge the gamble. If gambling is wrong, then insurance must also be wrong by association.
Perhaps it is not gambling that is wrong, but rather gambling for the sake of entertainment? That would have no doubt been seen as a diminishment of hard work under Protestant eyes. In other words, farming would have been seen as okay because it requires hard work, done for a purpose. A casino game, on the other hand, would not be acceptable as someone may gain (over and above the fun value) while having fun.