Is there any insurance service for gamblers to retain heavy losses....???

[plr]

If there's a clamor one insurance company can set up one but it will be in favor of the insurance company, they will do a feasibility study and see if they can come out an option where the gambler can benefit and they can make profit, I'm sure with millions of gamblers they can make a good profit if they can come out with a plan that is agreeable to all parties.

[k@suy]

It is a very good idea if there is really an insurance service in gambling businesses, but I have never found an insurance company
that provides services for gamblers. Because there is a possibility that the amount of loss experienced by gamblers is greater than
the insurance premium that must be paid by gamblers. So I doubt any insurance company will provide insurance coverage against
gamblers who have suffered heavy losses, because the insurance company could go bankrupt in the near future if they dare to provide
insurance services for gamblers who experience losses.

If gambling has insurance that will covered up your heavy losses then gamblers will definitely enjoy while playing. And if it was only true i'll bet that everyone will be attracted to gamble without being afraid to lose their money and they were fearless to take risk. I would be delighted to gamble anytime if losses has an insurance.

Probably there are no insurance companies that provide such services for gamblers. I guess they don't see the business case in it although I think that this might be good idea. I believe that many gamblers would be interested and at the end this might be lucrative business. But I don't think that will happen in reality, gambling and insurance don't get together.

But sadly there is no such thing like this and there will no insurance companies that would be willing to include gambling losses in their insurance coverage. But who would've though that maybe someday one of the insurance companies might consider this.

[Kong Hey Pakboy]

I assume having an insurance service for gamblers is not necessary because you shouldn't be gambling if you wanted to retain your losses. It would also be unfair for casino or crypto casino owners to offer such a service for gamblers to recover their heavy losses, especially if they are already offering daily bonuses for their players because many it would be fine for every gambler to spend their money in gambling if they can gain back all of their losses from the insurance.

[ethereumhunter]

I assume having an insurance service for gamblers is not necessary because you shouldn't be gambling if you wanted to retain your losses. It would also be unfair for casino or crypto casino owners to offer such a service for gamblers to recover their heavy losses, especially if they are already offering daily bonuses for their players because many it would be fine for every gambler to spend their money in gambling if they can gain back all of their losses from the insurance.

Yeah, the casino will not offer those services because that can reduce their income from the losing gamblers. Besides that, if the gambler is losing their money, that is because of their fault. They do not know how to manage their money, so they can not ask for insurance if they lose money. It is the gambler's responsibility to take care of their money and not losing their money.

[pawanjain]

I don't think there would be any insurance company that would be covering heavy losses due to gambling.
If it were so then more than half of the world would be gambling right now and those insurance companies would be going bankrupt since everyone would be claiming their losses.
Most of the people keep losing in gambling which is why insurance for gambling doesn't sound like a good idea to me.

[dimonstration]

I'd like to have one so I can insure my losses I always end up losing so I just put the risk of losing to my insurance company, but I have doubt if there's one insurance company who is brave enough to put up one, unless if he will try to scam people so I doubt if we are going to have one.

Many will definitely have it if it's available, no insurance companies as well gambling casinos or companies will have such program because it is too risky especially these casino only wanted is to their players to really loss or spend all their money in playing. I guess only life insurance is applicable to the gamblers so when they have no longer much money and something happens atleast they have insurance to pay for their bills as long as it's covered.

[Genemind]

I don't think that such insurance exists. Insurance companies will never cover something that is under the insurer's control. This will only push gamblers to exceed their limit since they know that they have insurance that will cover or return some of their losses. This might also lead gamblers to become more addicted to gambling since they know they are insured. Gamblers don't need insurance when gambling, if you want to avoid losses or having gambling issues or problems, stay away from it.  There could be some gambling platforms who offer such program, that incentivizes gamblers and gives them a very small portion or a rake back of their losses.

[Sebas.tian]

I'd like to have one so I can insure my losses I always end up losing so I just put the risk of losing to my insurance company, but I have doubt if there's one insurance company who is brave enough to put up one, unless if he will try to scam people so I doubt if we are going to have one.

I can't see any reason why anyone would take this part in establishing such Insurance Service for gamblers, firstly, this will increase the rate of gambling addicts around the world of gambling, and this won't be good to the society at large if implemented. Well, i doubt if anyone with such service will ever make profit from the service becasue gambling is purely base on luck and knowing that after running at loss you still have part of the loss through your Insurance service.

[fiulpro]

I have never heard of it.

The cashbacks and reward percentage provided by the particular gambling site might give you some of the money back but that is not insurance in the first place.
If there was any insurance people would just recklessly use the money and won't even be considerate of the losses. So the company will never allow such things to happen.

What you can insure is , something that might happen by accident but here the person is fully aware of what he is doing therefore I don't think any company will actually allow you to have one.

If you do find a company making such claims that's a scam for sure.

[Zackgeno96]

No one will ever give an insurance to gamblers if there's a company that gives insurance to gamblers I'm pretty sure a lot of gamblers right now is not losing, most of the time gamblers losses and I don't think insurance companies wanted something like that to happen.

[ice098]

I'd like to have one so I can insure my losses I always end up losing so I just put the risk of losing to my insurance company, but I have doubt if there's one insurance company who is brave enough to put up one, unless if he will try to scam people so I doubt if we are going to have one.

I can't see any reason why anyone would take this part in establishing such Insurance Service for gamblers, firstly, this will increase the rate of gambling addicts around the world of gambling, and this won't be good to the society at large if implemented. Well, i doubt if anyone with such service will ever make profit from the service becasue gambling is purely base on luck and knowing that after running at loss you still have part of the loss through your Insurance service.

Its true and if these idea adopted by the insurance companies it only shows that they are tolerating the addiction of a gamblers. Being an addict in gambling were inevitable and in fact this became a top priority of the people who didn't gamble because for them wasting money in gambling as much as they are willing to risk were totally addicting.

No one will ever give an insurance to gamblers if there's a company that gives insurance to gamblers I'm pretty sure a lot of gamblers right now is not losing, most of the time gamblers losses and I don't think insurance companies wanted something like that to happen.

How much do we like to have an insurance in how much we have been lose in gambling but sadly theres no such insurance companies that would consider gambling as part of their insurance coverage.

[ethereumhunter]

Insurance companies are profit oriented, before you can make out of them they will the first one to make profit, so if ever they will come out a plan, they will make sure that they are the one who will make profit out of it, they will have a lot of stipulation if ever they will launch a plan for gamblers maybe in the future we'll see one, we never know.

That is the plan of the insurance companies if the insurance will be applied to the gambling industry. So I do not think that gambling can easily ask for a refund on their losses because the insurance companies will investigate first before they can give the money. But I guess that the insurance companies will not let the gambler complain about their loss since that will be the gambler's mistake.

[imstillthebest]

Insurance companies are profit oriented, before you can make out of them they will the first one to make profit, so if ever they will come out a plan, they will make sure that they are the one who will make profit out of it, they will have a lot of stipulation if ever they will launch a plan for gamblers maybe in the future we'll see one, we never know.

That is the plan of the insurance companies if the insurance will be applied to the gambling industry. So I do not think that gambling can easily ask for a refund on their losses because the insurance companies will investigate first before they can give the money. But I guess that the insurance companies will not let the gambler complain about their loss since that will be the gambler's mistake.

thats how it work they need to make a research on the gambler after he ask for insurance if the claim was true or not but if proven that its real that a gambler have lost they must surrender the funds as what is stated on the plan . and why will stop the gambler to complain when its the right of the gambler to complain or not but why will they complain anyway .
 why not talk to the insurance company calmly because they will still get what they want and complaining is verry unprofesional i will be shy to do that .

[mirakal]

No one will ever give an insurance to gamblers if there's a company that gives insurance to gamblers I'm pretty sure a lot of gamblers right now is not losing, most of the time gamblers losses and I don't think insurance companies wanted something like that to happen.

For sure no one will because otherwise we will already see a gambling insurance, it does not exist and it's not viable in real business. Insurance are usually for unforeseen events like tragedy cause by typhoon, earthquakes or death because it does not happen all the time or most of the time, so the rate is low, while a gambler can lose money everyday, so no insurer would take that as a business.

[VanityWallets2015]

Neither have I came across or heard of insurance services for gamblers. And I don’t think if there would be any.
Although it would be an enticing idea for the many, I don’t think that this would be easy for insurance companies.
Whereas, there is a high probability of losses and bankruptcy if a company would be insuring gamblers.

[Ucy]

Insurance for gamblers sound strange.
My guess is that insurances are for occasional problems or problems we didn't expect, like accidents.
I wonder who will like to insure people who choose to take big betting risk. People would probably take such careless risks always to get paid.
Insurance for responsible Bettors would make sense. They'll be expected to make very few occasional mistakes that probably make them lose huge amounts.

[Yamifoud]

Forget this thing coz it probably never and ever existed in gambling. What we have to secure and filed for an insurance certificate? No, and nothing to secure with.

In gambling, we are not losing because it was an accident( as mostly one requirement to claim insurance), yet we suffered losses because that is the frequent thing to happen. And hat because we know that losing in gambling is inevitable.

[akirasendo17]

I think there is no such thing as insurance for a gambler like you can get back a percentage of your losses, if there is one there will be lots of gambler flooding casinos for sure, if you are afraid to lose money then what needs to be done is just play, like a minimum game, after that go home, there are lots of reasons why people gamble, what I know is you can put something you own as collateral but not insurance when you lose.

[jademaxsuy]

In blackjack game there is an insurance you will buy and can be used in the game but not about the losses you make. Insurance is only for any asset that has value and its use will depend on how much you will going to pay for the insurance probably set by the insurance company. In gambling, I do not see any insurance that will going to cater for the losses of the gamblers especially if it all talks about debt and selling of house as a collateral. Insurance company will not allow that to happen when you use insurance for that kind of lose you made. Besides, a gamblers always lose in gambling and that the insurance will get high loses after it will going to pay the gamblers for their loses.

[freedomgo]

Forget this thing coz it probably never and ever existed in gambling. What we have to secure and filed for an insurance certificate? No, and nothing to secure with.

In gambling, we are not losing because it was an accident( as mostly one requirement to claim insurance), yet we suffered losses because that is the frequent thing to happen. And hat because we know that losing in gambling is inevitable.

And since gambling is an entertainment, so there's no reason to let our money insured if just want to have fun while gambling. This is a burden on the part of the insurance company if they ever exist and if they operate, for sure it will no last because gamblers are smart, they want to win and just abuse the insurance.

why are we talking about insurance anyway? this is gambling, we either win or lose and we don't need insurance since we have accepted that we are talking this high risk kind of entertainment.