Jonawan@lemmy.zip to World News@lemmy.worldEnglish · edit-24 days agoBrazil President bans online gamblingwww.bbc.comexternal-linkmessage-square162linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkBrazil President bans online gamblingwww.bbc.comJonawan@lemmy.zip to World News@lemmy.worldEnglish · edit-24 days agomessage-square162linkfedilink
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkEnglisharrow-up0·3 days 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)