Jonawan@lemmy.zip to World News@lemmy.worldEnglish · edit-22 months agoBrazil President bans online gamblingwww.bbc.comexternal-linkmessage-square149fedilinkarrow-up1924arrow-down16
arrow-up1918arrow-down1external-linkBrazil President bans online gamblingwww.bbc.comJonawan@lemmy.zip to World News@lemmy.worldEnglish · edit-22 months agomessage-square149fedilink
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkEnglisharrow-up3arrow-down1·2 months agoFrom the buyers point of view it reduces risk, so it is not gambling for them. However it is gambling from the point of view of the underwriters. (I am assuming both sides play fair and pay out when they should)
From the buyers point of view it reduces risk, so it is not gambling for them.
However it is gambling from the point of view of the underwriters.
(I am assuming both sides play fair and pay out when they should)