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Although insurance is sometimes distinguished from gambling by the prerequisite of the insurable interest, the equivalent in gambling is just betting from a person's possess finest interests (e.g., a sports activities coach betting towards his individual group to mitigate the economic repercussions of a losing season).
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Because of-column betting – A variation on fastened earnings betting wherein the bettor sets a focus on gain and then calculates a guess size that will make this income, introducing any losses on the goal.