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

[maydna]

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.

At least, they still make money from the gamblers because they need to pay taxes, whether they win or lose. But I don't think that if they give an item to us, that can cover our loss or not because I don't think that our losses will be small. But that item can give something to us, and at least, we are not losing all of the money, although that item can't replace what we already lost. Yes, we still lose because we spend more money to pay the tax. From that, I think we need to be careful to spend our money on gambling games.

[livingfree]

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.

Insurance would make a term that's in favor of them and not with the insured gambler. There will be some possible terms that are different from the typical insurance that we have.

Like premiums will be paid higher and the coverage would only meet near to that amount coverage and the insurance company would earn high with the fees. Or there will be a huge minimum amount of being insured to avail this sort of service. But until now, there's none like it. Never seen one.

[Wawa2013]

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.

At least, they still make money from the gamblers because they need to pay taxes, whether they win or lose. But I don't think that if they give an item to us, that can cover our loss or not because I don't think that our losses will be small. But that item can give something to us, and at least, we are not losing all of the money, although that item can't replace what we already lost. Yes, we still lose because we spend more money to pay the tax. From that, I think we need to be careful to spend our money on gambling games.

I agree that the system is as good as any given by the gambling platforms, if we gamble of course we will end up losing money. Because
gambling platforms were created to get profit from losing users, so if we are guaranteed by giving items if we experience defeat, does not
mean that these items will be able to replace all the money lost when you experience defeat. So I agree with you to be careful when spending
money when playing gambling is important, we are also obliged to limit ourselves when playing gambling. We must know when to stop playing
gambling.

[toast]

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.

well if there are insurance service for gamblers i really think that would cause them too much trouble since most of the time gamblers will always lose. well i don't think such insurance exist if there's one probably just a scam one.

[bitterguy28]

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.

well if there are insurance service for gamblers i really think that would cause them too much trouble since most of the time gamblers will always lose. well i don't think such insurance exist if there's one probably just a scam one.

Why will cause them trouble ?when before having a Insurance plan you need to pay for a certain amount and if you did not comply to the specific Dates allocated for your Payment ,then surely they Will lose the Plan and the advance payment will be theirs ,actually this is a win win Business,as Gamblers wont really continue their Insurance .

[jademaxsuy]

Why will cause them trouble ?when before having a Insurance plan you need to pay for a certain amount and if you did not comply to the specific Dates allocated for your Payment ,then surely they Will lose the Plan and the advance payment will be theirs ,actually this is a win win Business,as Gamblers wont really continue their Insurance .

Insurance company should never go into gamblers instead to gambling activities. We know that gambling business will always do good because of house edge. This is why in the long run gambling business will do good and should insurance company encourage to get their insurance services. This will help them to earn as insuranfe provider and at the same time to get the gambling business at ease whenever sudden loses will be experience and that loses can be cover by the insurance.

[k@suy]

Why will cause them trouble ?when before having a Insurance plan you need to pay for a certain amount and if you did not comply to the specific Dates allocated for your Payment ,then surely they Will lose the Plan and the advance payment will be theirs ,actually this is a win win Business,as Gamblers wont really continue their Insurance .

Insurance company should never go into gamblers instead to gambling activities. We know that gambling business will always do good because of house edge. This is why in the long run gambling business will do good and should insurance company encourage to get their insurance services. This will help them to earn as insuranfe provider and at the same time to get the gambling business at ease whenever sudden loses will be experience and that loses can be cover by the insurance.

As a gambler, to know that whatever loses i may admit whil gambling thinking that i am covered with loses insurance as a gambler would definitely enjoyable and could give gamblers a free to decide how much they wanted to take risk without worrying of how huge their loses already. But as much as we wanted to have a gamblers insurance as of now there is no insurance company considering this.

[Rodeo02]

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.

well if there are insurance service for gamblers i really think that would cause them too much trouble since most of the time gamblers will always lose. well i don't think such insurance exist if there's one probably just a scam one.

.
 I think it's better to insurance company to have it in gambling casino owner not from the players. It will not work if it's for players, for a reason that they are gambling their own money ,and they will not stop as long as they have insurance expected to claim  and how will the insurance company benefit then?

[dishku]

That's crazy idea but who will pay for anybody stupidity if any player can't afford to loss than he should never do gamble in any way. This idea wouldn't work in real life because nobody want to put their business on risk when someone get guarantee he will get recover his losses and its against the spirit of gambling too.

[Fundamentals Of]

I haven't heard of one either. And I think that one could hardly be offered by insurance providers because that is too risky. Gamblers are losing more often than winning. The high rollers or VIP gamblers, who are probably the ones that will take advantage of such insurance product, are definitely losing a lot of money all the time so that would result to a lot of payouts from the insurance companies. They might end up bankrupt if they get into this kind of very risky kind of insurance business.

[btc78]

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.

I love this one, You have given me an idea because me and with my best friends wanted to venture in a Small business that will let us explore the world together and at least make profit.

We all love to gamble but with moderation so Having an gamblers insurance company will be our break,also our offices  located near the biggest Casino compound in our country si targeting and luring will not bring us hard time.

And i will start this here for promotion Posts ,because i think Many gamblers also wanted to settle their Future but the call of gambling is always there, so We may help them enjoy their moments while having at least foundation for the future.

[peter0425]

I haven't heard of one either. And I think that one could hardly be offered by insurance providers because that is too risky. Gamblers are losing more often than winning. The high rollers or VIP gamblers, who are probably the ones that will take advantage of such insurance product, are definitely losing a lot of money all the time so that would result to a lot of payouts from the insurance companies. They might end up bankrupt if they get into this kind of very risky kind of insurance business.

But sounds worth having one right?specially to gamblers that has no much family left,insurance will save them in their darkest days when the effect of too much spending from gambling comes..
Or maybe there are something like this but not familiar in this forum and from us also.because i believe that all kind of business and offering has been done by humans noawadays.

[milewilda]

I haven't heard of one either. And I think that one could hardly be offered by insurance providers because that is too risky. Gamblers are losing more often than winning. The high rollers or VIP gamblers, who are probably the ones that will take advantage of such insurance product, are definitely losing a lot of money all the time so that would result to a lot of payouts from the insurance companies. They might end up bankrupt if they get into this kind of very risky kind of insurance business.

But sounds worth having one right?specially to gamblers that has no much family left,insurance will save them in their darkest days when the effect of too much spending from gambling comes..
Or maybe there are something like this but not familiar in this forum and from us also.because i believe that all kind of business and offering has been done by humans noawadays.

This isnt something that you can make out some claims or do connects with health or any accident insurances but particularly talking about some partial amount to be given back when a gambler do lost.
So its just too dumb if you do consider to compare it out to some regular insurances that we've known which doesnt really fit out into the criteria.No insurances or business will be built into the
field of gambling because that would really be a suicide if they do that knowing that gambling is always on the side of losing for those players which means claims will be active.
Would it be sustainable? A big NO!

[GeorgeJohn]

I am not aware about any insurance service to retain heavy losses, but there is at least some kind of insurance service if you were defrauded or your account balance embezzled, frozen, etc.. And this either cost free or for a low premium.

The problem is how legitimate is the insurance service because hoping or keeping trust on them to retrieve lost or embezzled funds I don't really think is hundred percent sure to relay on them, the best option is not to get lost of anything, because I think we have possible ways to prevent getting lost of things that are important, irrespective is gambling their is ways of gaining.

[Reatim]

I am not aware about any insurance service to retain heavy losses, but there is at least some kind of insurance service if you were defrauded or your account balance embezzled, frozen, etc.. And this either cost free or for a low premium.

The problem is how legitimate is the insurance service because hoping or keeping trust on them to retrieve lost or embezzled funds I don't really think is hundred percent sure to relay on them, the best option is not to get lost of anything, because I think we have possible ways to prevent getting lost of things that are important, irrespective is gambling their is ways of gaining.

You have quoted a banned account there is no chance he may reply lol.



But yeah why seems no one is offering this? Is there no good returns if insurance for gamblers may be  opened ?

I thinks this is worth investing ,because all they do is spending and not thinking for what tomorrow may bring.

[maydna]

~snip~

I agree that the system is as good as any given by the gambling platforms, if we gamble of course we will end up losing money. Because gambling platforms were created to get profit from losing users, so if we are guaranteed by giving items if we experience defeat, does not mean that these items will be able to replace all the money lost when you experience defeat. So I agree with you to be careful when spending money when playing gambling is important, we are also obliged to limit ourselves when playing gambling. We must know when to stop playing gambling.

The casino's profit from the gamblers will become bigger if the gamblers don't realize how to stop playing gambling or how to manage their money, and the loss itself will become bigger in the long term. Perhaps, the gamblers think that when they lose the money and get an item to replace all the money lost, that is worth it for them because that can be something they brought to their home.

If we talk about gambling insurance, I wonder how the company will guarantee the gamblers to get their insurance losses. If the gamblers lose the money in gambling, it will be a bigger loss, and I wonder how the insurance company will repay the losing money.

[xSkylarx]

But yeah why seems no one is offering this? Is there no good returns if insurance for gamblers may be  opened ?

I thinks this is worth investing ,because all they do is spending and not thinking for what tomorrow may bring.

It's just encouraging more gamblers and even non-gamblers to gamble. Someone can get addicted and ruin their life without hesitating to gamble just because they are insured. Gambling is voluntary so it's not anyone's fault if they ruin their life because of this.

[Fundamentals Of]

I haven't heard of one either. And I think that one could hardly be offered by insurance providers because that is too risky. Gamblers are losing more often than winning. The high rollers or VIP gamblers, who are probably the ones that will take advantage of such insurance product, are definitely losing a lot of money all the time so that would result to a lot of payouts from the insurance companies. They might end up bankrupt if they get into this kind of very risky kind of insurance business.

But sounds worth having one right?specially to gamblers that has no much family left,insurance will save them in their darkest days when the effect of too much spending from gambling comes..
Or maybe there are something like this but not familiar in this forum and from us also.because i believe that all kind of business and offering has been done by humans noawadays.

This is indeed worth having if you are a chronic gambler. Gambling is designed for the gamblers to lose and for the gambling operators to win, so a gambling insurance sounds well needed.

But this does not sound a good kind of business for me that's why I won't be wondering if an insurance such as this does not actually exist in reality. All kinds of business exist nowadays but this specific insurance seems not a business for me. It might as well just be a charity for those who became poor due to unmoderated gambling.

[Kelvinid]

But yeah why seems no one is offering this? Is there no good returns if insurance for gamblers may be  opened ?

I thinks this is worth investing ,because all they do is spending and not thinking for what tomorrow may bring.

It's just encouraging more gamblers and even non-gamblers to gamble. Someone can get addicted and ruin their life without hesitating to gamble just because they are insured. Gambling is voluntary so it's not anyone's fault if they ruin their life because of this.

I don't think it was encouraging and attracts non-gamblers to go gambling because these people never think this thing. In real life, people come into gambling because they want to win, not being insured, and getting back their losses.

Well, I would like to see if there is a site that did this thing consistently.
TBH, this kind of service will be good but to wonder why we never saw this is probably due to the fact that they are not true to their promises and the site itself never profiting.

[Jemzx00]

But yeah why seems no one is offering this? Is there no good returns if insurance for gamblers may be  opened ?

I thinks this is worth investing ,because all they do is spending and not thinking for what tomorrow may bring.

It's just encouraging more gamblers and even non-gamblers to gamble. Someone can get addicted and ruin their life without hesitating to gamble just because they are insured. Gambling is voluntary so it's not anyone's fault if they ruin their life because of this.

Isn't that what every gambling site wanted for their users to come back for more even with big loses and with this service where every gamblers will have more and more confidence gambling due to the fact that they have insurance even if they lose.
Anyway, it won't be this service that will be the cause if they ruin their life rather it's their choice that they get greedy with gambling. With this service, it will help every gambler to at least have some money left even after losing and it will their own decision wherever they want to use it.