Finance or not?

The language used in financial markets is fascinating. Everything is about taking or making bets.

If you take bets on how companies will do in the future, that's finance.

If you take bets on sports, that's gambling.

If you take bets on human misery, that's insurance.

CARDS ON THE TABLE

I used to work for a sports betting exchange. Or as the industry prefers to be known, a prediction market.