Did you know the insurance industry started as a gambling operation way back in history? In fact, if you look more deeply into the way our insurance companies work, then you would see how similar the industries are to one another. When you insure your car, what exactly are you doing? You are hedging your odds! You are laying down a premium in the event you have an accident and the insurance company is setting its premiums based on the odds of that happening. Right? Gambling has far deeper roots in our economies than we know.