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In contrast, insurance allows you to transfer the risk of a potential loss to an insurer, who, in turn, pools the risk from many policyholders to cover potential claims.
Admitting you have an addiction is the first courageous step.
The lure of big wins can quickly escalate into reckless spending and financial distress.
Therefore, the legality of gambling would vary depending on the list of legal activities in a particular jurisdiction.
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Ultimately, whether option trading is gambling depends on the individuals approach Speculative Trading Using options solely for quick profits with minimal analysis and risk management resembles gambling.
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