Re: Why is gambling considered \"bad\"?
State Farm / Allstate business model: Let's take a little bit of money from a whole bunch of people. We will calculate the odds of certain events happening. If the odds 'go their way' (car wreck, get cancer, house burns down, etc), we will reward them. We'll skim some off the side for ourselves. It's a true -EV bet for these suckers, yet they will still want to play. Heck, maybe we can even get laws passed to mandate they play with us! muhahahahahahaha
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