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

[XZERO1]

I don't think there's anything like that and it doesn't make much sense having something like this either...

It's not like you are not aware of risks that gambling with the money that you can not afford to lose has, there's a very big difference between gambling which is in your control and other things like having your house burned down, your car being stolen or any other thing that could happen to anyone, so better accept the fact that you can lose it all while gambling and with that in mind lower the amount of money that you gamble on if it's too much and you think you will be broken up about it if it's gone.

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[nikola22]

there is no any insurance service for the gamblers because due to the risks the insurance premium will be very high so gamblers would prefer to lose this money ) gamlers should take decisions carefully in order not to lose all their money.

[2double0]

I think some sportsbooks offer this service internally, but the received values are worth nothing against the loss. And there should not be such services available to gamblers imho as it will just provoke a gambler to gamble that money also which is in no good for them.

[carlisle1]

With this we only giving consent to every Addicted or Heavy gamblers to continue their Way of living because of Insurances like this?

Look How much amount they are spending and losing each time they gamble?
then Why not take a part of those Money and Insured themselves .

They don't need to look for others doing this for them because it's their obligation to save for themselves .

[ShowOff]

I think some sportsbooks offer this service internally, but the received values are worth nothing against the loss. And there should not be such services available to gamblers imho as it will just provoke a gambler to gamble that money also which is in no good for them.

It doesn't make sense for a gambler to want to get insurance for losses arising from his gambling activities. When they decide to bet, they have to accept all the consequences arising from their activities. I cannot possibly hold a gambling site accountable when all my money is used up while gambling, this is a normal situation that all gamblers should accept.

[Eureka_07]

I have been thinking of an insurance service for gamblers, in which they were supposed to pay regular premiums. And while placing bets can get back at least a small amount back if the lost amount is a huge one. Myself too haven't come across such services. What you people think of an insurance for gambling.

Yep, most casinos offers rakeback, level rewards, wagering rewards, and other similar bonuses that allows you to gain something after that loss. Personally I love the rewrd system just like on Roobet's Rooward in which we the reward is based on how much you wagered, not loss. It's gonna be huge if you play slot games a lot.
Remember to be responsibile enough to handle your money. Don't gamble what you can't afford to lose.

[panganib999]

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.

Insurance in gambling are definitely a low possibiliry idea because as you know, gambling is one of the easiest way to earn money or profits and also one of the fastest way to lose it. Insurances are the on who take care if a individual is on a edge of losing something with a big amount or value and sometimes if in accidents. Insurance in gambling are quite impossible because when you play gambling, it is all about the risk of your own money in your own pocket. There is no existing imsurance for it. The idea of saving or to cut you loses is by yours idea also of strategizing how to play intelligently, good and rich. If you want some help or seek some advices, I think the most common for it is those who called financial advisors. They can give some techniques, advice for you able to avoid a lot loses and gain or earn more of the profits.

[Fredomago]

I have been thinking of an insurance service for gamblers, in which they were supposed to pay regular premiums. And while placing bets can get back at least a small amount back if the lost amount is a huge one. Myself too haven't come across such services. What you people think of an insurance for gambling.

This sounds like the Movie industry ? that while Making a movie there is a small part that comes to savings for the actors/actresses Retirements ?

Sounds cool ,But Hopefully the owner of the said insurance company is not a gambler ,because there is a chance of the collected amounts will be gambled first to tale a chance of Doubling your insurance in future
 

[Wawa2013]

If there is an insurance company that dares to provide insurance for gamblers for any heavy losses experienced, the company will
definitely go bankrupt. Because according to statistics most gamblers experience a greater amount of loss than the amount of profit
generated. So from this alone it can be concluded that there is no insurance company that dares to provide insurance services for gamblers.
Gamblers can get several rewards and bonuses that are given by some casinos to cover a part of the amount of losses experienced.
This makes more sense than gamblers expecting insurance services from losses already experienced.

[ChrisPop]

Some online casinos offer rakeback bonuses. Some offer you a certain percent of your bet stake or a percent of your lost bets so you can continue playing.

If there were an insurance service offering protection the only possible option I would think of is that you would have to respect a certain maximum stake per day or per month.

[ReiMomo]

I have been thinking of an insurance service for gamblers, in which they were supposed to pay regular premiums. And while placing bets can get back at least a small amount back if the lost amount is a huge one. Myself too haven't come across such services. What you people think of an insurance for gambling.

Yep, most casinos offers rakeback, level rewards, wagering rewards, and other similar bonuses that allows you to gain something after that loss. Personally I love the rewrd system just like on Roobet's Rooward in which we the reward is based on how much you wagered, not loss. It's gonna be huge if you play slot games a lot.
Remember to be responsibile enough to handle your money. Don't gamble what you can't afford to lose.

Exactly, you have a point in your last sentence and I agree that Roobet has offered Rakeback reward of all wagers not just by your loss which is a good start again if your entire balance were wiped out. This is the reason gamblers will choose a gambling site that has a huge Rakeback that they think may I guess able to recover loss once the small reward after losing will be claimed and gamble again.

That's right, just gamble on what you can afford to lose because some gambling site did not offer insurance service, once you have lost, that's it, you need to accept that your money was gone.

[chaser15]

That's right, just gamble on what you can afford to lose because some gambling site did not offer insurance service, once you have lost, that's it, you need to accept that your money was gone.

And gamblers should not always expect that feature. Being a gambler needs a responsible act as no insurance that can cover the loss.

The losses here in gambling are intentional act and not by accident, not the common losses covered by the usual insurance.

Just be thankful that there's a site that offers a Rakeback feature.

[carlfebz2]

I have been thinking of an insurance service for gamblers, in which they were supposed to pay regular premiums. And while placing bets can get back at least a small amount back if the lost amount is a huge one. Myself too haven't come across such services. What you people think of an insurance for gambling.

Yep, most casinos offers rakeback, level rewards, wagering rewards, and other similar bonuses that allows you to gain something after that loss. Personally I love the rewrd system just like on Roobet's Rooward in which we the reward is based on how much you wagered, not loss. It's gonna be huge if you play slot games a lot.
Remember to be responsibile enough to handle your money. Don't gamble what you can't afford to lose.

Exactly, you have a point in your last sentence and I agree that Roobet has offered Rakeback reward of all wagers not just by your loss which is a good start again if your entire balance were wiped out. This is the reason gamblers will choose a gambling site that has a huge Rakeback that they think may I guess able to recover loss once the small reward after losing will be claimed and gamble again.

That's right, just gamble on what you can afford to lose because some gambling site did not offer insurance service, once you have lost, that's it, you need to accept that your money was gone.

We do know that rakebacks do exist but not into that insurance thing.Who would be the hell would be giving out such service if they do know that gambling does involved on being on the losing side most of the time?

We might see some rakebacks but expected that would really be just small but at least the house or site do consider on giving something back in what gamblers do able to spend on them.

It might not really be that big but at least you can get some money.For the insurance then no one will and no one would ever consider because that will surely fucked up their
business if there are lots of claims.  

[ReiMomo]

That's right, just gamble on what you can afford to lose because some gambling site did not offer insurance service, once you have lost, that's it, you need to accept that your money was gone.

And gamblers should not always expect that feature. Being a gambler needs a responsible act as no insurance that can cover the loss.

The losses here in gambling are intentional act and not by accident, not the common losses covered by the usual insurance.

Just be thankful that there's a site that offers a Rakeback feature.

Exactly!

Because allocating a specific amount for gambling is my strategy, an amount which I can afford to lose, through this you will be able to manage your emotion while gambling and you may avoid getting stressed when the games go less favorable to you. Greediness will also be lessened in recovering the funds that the players lose or gaining higher profit if luck comes your way.

I'm not sure if this is applicable to others but in my years of gambling my perception over it remains the same that is I play gambling just for fun and entertainment. With other opinions that I bear for years though I often lose like the others but never I experienced anxiety nor a pang of single guilt in playing gambling.

We do know that rakebacks do exist but not into that insurance thing.Who would be the hell would be giving out such service if they do know that gambling does involved on being on the losing side most of the time?

Therefore, no gambling site that has incentives, that's impossible. Just accept your losses if there is.

[AmoreJaz]

That's right, just gamble on what you can afford to lose because some gambling site did not offer insurance service, once you have lost, that's it, you need to accept that your money was gone.

And gamblers should not always expect that feature. Being a gambler needs a responsible act as no insurance that can cover the loss.

The losses here in gambling are intentional act and not by accident, not the common losses covered by the usual insurance.

Just be thankful that there's a site that offers a Rakeback feature.

Exactly!

Because allocating a specific amount for gambling is my strategy, an amount which I can afford to lose, through this you will be able to manage your emotion while gambling and you may avoid getting stressed when the games go less favorable to you. Greediness will also be lessened in recovering the funds that the players lose or gaining higher profit if luck comes your way.

I'm not sure if this is applicable to others but in my years of gambling my perception over it remains the same that is I play gambling just for fun and entertainment. With other opinions that I bear for years though I often lose like the others but never I experienced anxiety nor a pang of single guilt in playing gambling.

We do know that rakebacks do exist but not into that insurance thing.Who would be the hell would be giving out such service if they do know that gambling does involved on being on the losing side most of the time?

Therefore, no gambling site that has incentives, that's impossible. Just accept your losses if there is.

rakeback feature is not always present in every casino. lucky for you if the gambling site you are playing with has one. that is right, why would insurance companies will explore the world of gambling when they know exactly that gamblers are almost always on the losing side? very few can get out with their winnings. insurance thing in gambling is no doubt not profitable to be involved with. if it is, for sure, it has been already exploited with a long time ago. not gonna see this kind of business in the gambling world.

[Botnake]

We do know that rakebacks do exist but not into that insurance thing.Who would be the hell would be giving out such service if they do know that gambling does involved on being on the losing side most of the time?

Therefore, no gambling site that has incentives, that's impossible. Just accept your losses if there is.

It's a promotion in the site, I do read that kind of promotion "rakebacks" from some of the sites but if ever there's an insurance in gambling, it should not be the gambling site who will provide and insurance but the 3rd party which you are right does not exist.

[hahay]

I really didn't think of things like this because even if there is insurance related in question, I guess it only applies in areas where gambling is legal and regulated by the government. For that reason, I'm not sure there is a company that opens such a service but if there is such a service out there then of course that is something good, because even if you lose in gambling but with insurance at least the gambler still can go home with some money in his pocket.

[Twentyonepaylots]

As far as I onow there is something like this but is exclusive in Japan only. But there is a catch. It has to be golf and the parameters are as folows:

*Must be playing golf with an acquaintance or a friend
*Must be betting to get a hole-in-one
*Must get a hole in one

Under these conditions, the person who sinked the ball will have to automatically throw a party that may cost him/her something from $4900-$8000. And so, insurance companies in Japan includes these in their packages so winners don't have to pay for the party leaving them cashless in the process.

[xSkylarx]

As far as I onow there is something like this but is exclusive in Japan only. But there is a catch. It has to be golf and the parameters are as folows:

*Must be playing golf with an acquaintance or a friend
*Must be betting to get a hole-in-one
*Must get a hole in one

Under these conditions, the person who sinked the ball will have to automatically throw a party that may cost him/her something from $4900-$8000. And so, insurance companies in Japan includes these in their packages so winners don't have to pay for the party leaving them cashless in the process.

That can't be considered insurance IMO. It's more like a promotion to attract more golfers in that place. If it's in their culture to throw a party when they sink a ball then that place offering that kind of "insurance" will earn tons of profit. Out of 100 balls being hit, think how many to that is sink. If it's only 10 or less then they are surely earning a lot from that.

[Noctis Connor]

I really didn't think of things like this because even if there is insurance related in question, I guess it only applies in areas where gambling is legal and regulated by the government. For that reason, I'm not sure there is a company that opens such a service but if there is such a service out there then of course that is something good, because even if you lose in gambling but with insurance at least the gambler still can go home with some money in his pocket.

Some of gambling companies offers this kind of service and it was legal here in my country but you need to pay your taxes in government also even you lose that much once you played already win or lose you need to pay, it is like you lose more but there are some good news some of them if you lose they will give you an item you can sell or rebuy some stock to play again but it is up to you if you want to continue or not . because in the end You still lose because you the tax you to pay.