If you know what a Tontine[1] is, you'll understand there really is no differenc... | Hacker News

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		anonbanker on June 8, 2024 \| parent \| context \| favorite \| on: What makes gambling wrong but insurance right? (20... If you know what a Tontine[1] is, you'll understand there really is no difference between Insurance and Gambling. 1. https://en.wikipedia.org/wiki/Tontine

rundmc on June 9, 2024 [–]

Well insurance is in case something you don't want happens (die young) whereas a tontine is in case something you do want (live long) happens.

I'd call that a major difference but then again I'm biased.

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