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Author Topic: Is there any insurance service for gamblers to retain heavy losses....???  (Read 6882 times)
Alucard1
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December 23, 2020, 04:53:04 PM
 #181

I don't know any gambling site that has the insurance for being lost and I don't think that there is a gambling website that will do the thing because the only intention of them is to gain profit and don't care too mu h for their customer but you know what I just realized that this is a good feature of a gambling website that they may open, for sure if there is a. site that may offer that thing then a lot of gamblers will play on it and they will get a lot of customers, more players then more income.

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December 23, 2020, 07:21:21 PM
 #182

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.
Correct!

When you do gamble then its a self-made  decision on which if there would be some sort of insurance then that wont really be an advantage for any insurance company
yet we know on hows the condition when it comes to people on ruining their lives plus on having lots of losses.

If this kind of insurance does exist then I cant imagine on how many people would be claiming out considering on how many is being wrecked by gambling.

R


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December 23, 2020, 08:24:14 PM
Merited by Shasha80 (2)
 #183

I just read the news about a new system on GG poker for poker players. It's not a general casino but specialised into poker games. Most of us here on the forum like gambling and probably played poker before. The new system is called GGcare and is a likely coming out year. This new system is a kind of protection for bad beats and especially unlucky gamblers. It's kind of a separate jackpot for only the people who lose big time. It's not an explicit insurance but can still help recover losses.
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December 23, 2020, 10:25:16 PM
 #184

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. Wink
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.
I'm sorry I don't really know that the account has been banned I won't have quoted the comment or reply  to these, thanks for putting me through.

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December 23, 2020, 10:28:36 PM
 #185

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.
Correct!

When you do gamble then its a self-made  decision on which if there would be some sort of insurance then that wont really be an advantage for any insurance company
yet we know on hows the condition when it comes to people on ruining their lives plus on having lots of losses.

If this kind of insurance does exist then I cant imagine on how many people would be claiming out considering on how many is being wrecked by gambling.

At this will caused a major at loss for the company since it's easy to lose on gambling and for sure the money will always flow outside in their company if they will open a insurance plan like this. And I don't think there's something like that will happen or open up since this insurance in gambling is not totally profitable to any company.

R


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December 23, 2020, 11:15:44 PM
 #186

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.
Correct!

When you do gamble then its a self-made  decision on which if there would be some sort of insurance then that wont really be an advantage for any insurance company
yet we know on hows the condition when it comes to people on ruining their lives plus on having lots of losses.

If this kind of insurance does exist then I cant imagine on how many people would be claiming out considering on how many is being wrecked by gambling.

At this will caused a major at loss for the company since it's easy to lose on gambling and for sure the money will always flow outside in their company if they will open a insurance plan like this. And I don't think there's something like that will happen or open up since this insurance in gambling is not totally profitable to any company.
This isn't some sort of car insurance or health insurance where only a few or seldom accidents or deaths do happen.It would really be indeed like a faucet
where those money will be flowing out and will really be a big expense to them or wont really be realistic at all or the worst they would pay up more than
on the amount that they had accumulated into those who do pay up for insurance.
They wont really be making one because its just like on trying to hit their heads with a rock. hahaha

R


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December 23, 2020, 11:28:26 PM
 #187

Why not Give this a chance? is there anyone who knows something related to this? My Uncle is a Heavy gambler and since he is still single and not getting any younger i want Him to have this insurance if there's any.

Gamblers Needs assistance because many of them are just being blinded of the Greed input to their mind because this was being thought to them of gambling or gamblers that encourage them to learn this,so they have no long views of the effect but what they know is the present .

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December 23, 2020, 11:45:05 PM
 #188


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.
Indeed ,gamblers need Help to Control their activities and not to Consent them on doing addictive days because f having this insurances .
Quote
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.
if you are saying gambling sites that offers this then surely they won't have this ,but the rakeback is their way of giving insurance ,because they knew that gamblers will just use it all over again to bet.

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December 23, 2020, 11:45:40 PM
 #189

I just read the news about a new system on GG poker for poker players. It's not a general casino but specialised into poker games. Most of us here on the forum like gambling and probably played poker before. The new system is called GGcare and is a likely coming out year. This new system is a kind of protection for bad beats and especially unlucky gamblers. It's kind of a separate jackpot for only the people who lose big time. It's not an explicit insurance but can still help recover losses.
Well that sounds really good and of course it will be a lot of enthusiasm among gamblers, but I wonder if that applies to all players because I realize every gambler will have his limits on the financial side of bets. So, is it possible for a gambler who only spends a little money but in fact he always loses and is still in the system that will get the insurance referred to, or maybe only applies to high-end gamblers, that's interesting.

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December 24, 2020, 12:43:09 AM
 #190

This will favor casinos if there is insurance that will cover their losses. This will also encourage gamblers to fearlessly gamble. But, if such insurance exists terms and conditions for an insurance claim for gambling losses will not be as easy at it seems. This might lead more gamblers being addicted to gambling which may cause serious gambling problems. Insurances will not let people get their money out easily.
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December 24, 2020, 02:17:18 AM
 #191


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


I'm sorry I don't really know that the account has been banned I won't have quoted the comment or reply  to these, thanks for putting me through.
Not a thing Mate, it was a sarcastic Joke since the Forum is celebrating for that event ,as the Troll game protect is already banned and may lessen the trolling against gambling sites.

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.
Even if you encourage them or not yet they will still gamble so why deny the privilege of them to have insured ?
and besides It's their life not ours ,we maybe concern about them but they don't even have concern for themselves ,So instead of being a burden for the government in future when they become retired .then let them have this insurance so at least when they are already Crying hard for their past mistakes in spending too much in gambling ,at least this insurance will remind them that they are not a total loser at all.









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December 24, 2020, 02:24:23 AM
 #192

This will favor casinos if there is insurance that will cover their losses.

Maybe they'll consider having this one as they'll also be compensated if service being offered.

Quote
This will also encourage gamblers to fearlessly gamble.

That's the sad truth  as it will just make  the gamblers more fearless  to keep playing  and wager  a lots of money.

Quote
But, if such insurance exists terms and conditions for an insurance claim for gambling losses will not be as easy at it seems.

It should be like that,  having  this service needs to more strict  in  implementing any rules that applies.

Quote
This might lead more gamblers being addicted to gambling which may cause serious gambling problems.
 

It falls to this problem,  as it may encourage more gamblers to go more engaged with this activities.

Quote
Insurances will not let people get their money out easily.

Maybe  portions of their  money but its not everything  at all, and strict rules needs to be made to avoid abused of the service.

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December 24, 2020, 02:42:50 AM
 #193

Gamblers Needs assistance because many of them are just being blinded of the Greed input to their mind because this was being thought to them of gambling or gamblers that encourage them to learn this,so they have no long views of the effect but what they know is the present .

This is a lol for me.

Why should an activity like that have insurance? It's like saying people should just gamble and gamble and gamble because their losses can be covered.

There will be no disciplined gambler if they know there's a thing on their back that can cover all their losses. They will just throw money doing gambling without thinking of a good strategy on how to minimize their losses.
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December 24, 2020, 03:22:24 AM
 #194



This is a lol for me.

Why should an activity like that have insurance? It's like saying people should just gamble and gamble and gamble because their losses can be covered.
actually i find no funny in this mate,gambling has a tons of money involved so Why not provide insurance business? Who cares about what gamblers do ?who cares if they gambled all their time? the thing is this is business and what only matters is their payments and continues membership ,and also if they stop the dues? then business owner gain more because there is no refund in insurance like this.
There will be no disciplined gambler if they know there's a thing on their back that can cover all their losses. They will just throw money doing gambling without thinking of a good strategy on how to minimize their losses.
Disciplined gambler already knows that from the start ,they know what's good to do so they need nothin to be insured because they can plan and invest for themselves ,so the main objective is not for them.

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December 24, 2020, 03:48:03 AM
 #195

This will favor casinos if there is insurance that will cover their losses. This will also encourage gamblers to fearlessly gamble.
Absolutely mate and this will extend the Stupid ways of other gamblers .
Quote
But, if such insurance exists terms and conditions for an insurance claim for gambling losses will not be as easy at it seems.
yeah possibilities are .
Quote
This might lead more gamblers being addicted to gambling which may cause serious gambling problems. Insurances will not let people get their money out easily.
Well That's something that we can't prevent mate, but lucky that there is no existing company that offers this.









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December 24, 2020, 03:57:12 AM
 #196

actually i find no funny in this mate,gambling has a tons of money involved so Why not provide insurance business? Who cares about what gamblers do ?who cares if they gambled all their time? the thing is this is business and what only matters is their payments and continues membership ,and also if they stop the dues? then business owner gain more because there is no refund in insurance like this.

No one will care about what gamblers do except that person because he needs to realize that playing gambling all their time will not give them a big chance to win. It is their responsibility to take care of their money. If the insurance business is used in the gambling industry, it will not be easy to give the gambler's money, especially if the gamblers use big money to gamble. After all, the gambling business owner will get big money from the gamblers, no matter if the insurance applies to the gambling industry.

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December 24, 2020, 04:08:06 AM
 #197

This will favor casinos if there is insurance that will cover their losses. This will also encourage gamblers to fearlessly gamble. But, if such insurance exists terms and conditions for an insurance claim for gambling losses will not be as easy at it seems. This might lead more gamblers being addicted to gambling which may cause serious gambling problems. Insurances will not let people get their money out easily.
Unless they only set on what amount the losses will be insured I'm thinking that it will be huge and more strict since gamblers tend to be more agressive to gamble when they know there's something to be backed on them may it a salary or some insurance (if there is). I do agree that it will just get more problematic if this kind of system is implemented and I don't think that even in the near future we will ever see this.
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December 24, 2020, 01:14:54 PM
 #198


Unless they only set on what amount the losses will be insured.
This is a good idea and could benefit both gamblers and the insurance company but the insurance company will set the condition and requirements before they can compensate gamblers for their losses, I'm thinking that we need something like this so gamblers will not really lose everything, but at least they are going to get something.

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December 24, 2020, 01:39:29 PM
 #199


Unless they only set on what amount the losses will be insured.
This is a good idea and could benefit both gamblers and the insurance company but the insurance company will set the condition and requirements before they can compensate gamblers for their losses, I'm thinking that we need something like this so gamblers will not really lose everything, but at least they are going to get something.

This is a joke, even if they set an amount to be insured but I don't think there's a way that both will benefit, either will benefit and the other will suffer, and therefore this is not viable as a business, if it is, one has already think of it and implemented it in the past.

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December 24, 2020, 03:00:43 PM
 #200

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.
Both have a point if it might encourage gamblers to gamble more or not if gambling sites would offer such things. But it depends on the gamblers If they will let themselves be tempted with the insurance or not.

The service seems good but gambling is a risk and it's our individual choices and free will to gamble, so gambling sites are not obliged to give us insurance services for our possible losses.
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