(March 6, 2013 at 8:09 am)Brakeman Wrote: I disagree with your reasoning. Insurance is a pay in pool where those in need take out. You are a winner in both outcome positions, you win when you stay healthy and accident free and you win when you have money to pay for medical care or car repairs. Thusly you are not gambling in any sense because there is not a losing position.What is the difference to gambling?
You will loose your money when you don't get the service?
Quote:With your thinking, buying a first aid kit is a gamble. If you don't use it you lose, if you cut a finger off, you win. A strange gamble indeed..It is not a gable because I'll own what I bought
The problem about insurance, is the same like gambling, probability not effort
If you got sick and needed an operation for $100,000
Why people should pay for you, even if you are rick and can afford it?
Nobody wants to pay for you, it is the probability for them to have the same chance, it is exactly like gambling
