Holonomic: Hooligan economy. Financial markets to those who could give a fuck (№ 382203)

And the insurance? Here is the exact example. The man has some risk of adverse events. But the insurance company is a risk, but if the manual work asshole or if asset managers are stealing money. If they do everything right, the risk is distributed according to the law of large numbers. The casino is no risk in the game for long time roulette brings 3-5% with each bet. The only risk the arrival of the little suckers and make little bets with negative expectation.